Systemic Change in Post-Communist Economies : Selected Papers from the Fifth World Congress of Central and East European Studies, Warsaw, 1995

by P. G. Hare

• ISBN13: 9780312226428
• ISBN10: 031222642X
• Format: Hardcover
• Copyright: 1999-11-01
• Publisher: Palgrave Macmillan

Summary

A dozen papers, a mix of conceptual analysis and country studies, demonstrate the wide range of approaches and experiences of transition to capitalism. Economists from eastern and western Europe, the US, and Japan consider such topics as gradualism versus shock therapy, the drop of Russian output in early transition and its implications in microeconomics and macroeconomics, Polish economic reforms in Japanese historical perspective, western economists and the transition process in Russia, and main directions and initial results of reforms in the Georgian economy.

Author Biography

Dr Bob Arnot, Department of Economics, Glasgow Caledonian University, Scotland Pawel Bozyk, Warsaw, Poland; former Finance Minister of the Polish People's Republic Professor Paul G. Hare, Centre for Economic Reform and Transformation, Department of Economics, Heriot-Watt University, Edinburgh, Scotland Dr Herman W. Hoen, Faculty of Economics, University of Groningen, The Netherlands Professor Masaaki Kuboniwa, Institute of Economic Research, Hitotsubashi University, Japan Dr Vladimir Mau, Institute for the Economy in Transition, Moscow, Russia Professor Ken Morita, Hiroshima, Japan Vladimer Papava, P. Gugushvili Institute of Economics, The Georgian Academy of Sciences, Tbilisi, Georgia Dr Joseph L. Porket, Ruislip, Middlesex, England Professor Steven Rosefielde, Department of Economic, University of North Carolina, Chapel Hill Professor Valdas Samonis, Centre for Russian and East European Studies, University of Toronto, Canada Hillel H. Ticktin, Institute of Russian and East European Studies, University of Glasgow, Scotland

Table of Contents

General Editor's Introduction	vii
Contributors	xi
Overview	1	(24)
Paul G. Hare
Part I Systemic Change
Gradualism versus Shock Therapy	25	(14)
Pawet Bozyk
`Shock versus Gradualism': The Inappropriateness of the Labels Applied to the Strategies in Central Europe	39	(23)
Herman W. Hoen
The Visible versus the Invisible Hand: A Tension Inherent in the Post-Communist Economies	62	(18)
Joseph L. Porket
Road Maps to Markets: Issues in the Theory of the Post-Communist Transformation	80	(21)
Valdas Samonis
Russian Output Drop in Early Transition: Macro-and Micro-economic Implications	101	(34)
Masaaki Kuboniwa
Part II Country Studies
Polish Econonomic Reforms in Japanese Historical Perspective	135	(12)
Ken Morita
Theories of Disintegration of the USSR	147	(17)
Hillel H. Ticktin
Political Problems of Economic Transformation Post-Communist Russia	164	(47)
Vladimir Mau
Western Economists and the Transition Process in Russia	211	(31)
Bob Arnot
Russia's Economic Recovery Potential to the Year 2000	242	(24)
Steven Rosefielde
The Georgian Economy: Main Directions and Initial Results of Reforms	266	(27)
Vladimer Papava
Index	293