The Economic Impact of New Firms in Post-socialist Countries PDF Download
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Author: European Association for Comparative Economic Studies
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
An analysis of the emergence and contribution of new entrepreneurs in the transforming economies of Eastern Europe, which investigates how far small and newly founded enterprises have compensated for losses in employment and contributed to economic recovery in Eastern Europe.
Author: European Association for Comparative Economic Studies
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
An analysis of the emergence and contribution of new entrepreneurs in the transforming economies of Eastern Europe, which investigates how far small and newly founded enterprises have compensated for losses in employment and contributed to economic recovery in Eastern Europe.
Author: Hüsnü Kizilylli
Publisher: Routledge
ISBN: 0429812450
Category : Business & Economics
Languages : en
Pages : 575
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Book Description
First published in 1998, this volume responded to the recent fall of the Soviet Union and looks at the process of transitioning away from Socialist economies, including case studies in the former Soviet Union, Poland, Hungary, China, East Germany and other Socialist countries. Taking the view that economic and political indicators suggest a lack of success in the post-Soviet transformation process, Kızılyallı argues that they have been unsuccessful due to poor planning. Kızılyallı notes an abandonment of the previous system and an ineffective implementation of market capitalism which have led to these negative outcomes. The new method developed herein provides a partial solution through estimating the correct exchange rate based on world prices and under conditions of macroeconomic equilibrium, while also allowing planning for sequencing market reforms. Reform issues are then discussed, followed by the reform experiences of Poland, Hungary, East Germany, China and the former Soviet Union. Lastly, developments in macroeconomic theory are reviewed in light of these case studies. Kızılyallı concludes that both neoclassical and new Keynesian theories fail to provide an economically meaningful framework for analysis of current economic and employment problems, nor for their cure.
Author: David Smallbone
Publisher: Routledge
ISBN: 1134327498
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
This book examines entrepreneurship and small business in Russia and key countries of Eastern Europe, showing how far small businesses have developed, and discusses how far 'market reforms' and a market mentality have been taken up by ordinary people in the real everyday economy. For each of the countries examined - Russia, Ukraine, Belarus, Poland and Estonia - the book reviews the progress of market reforms within the wider context of social and economic transformation, surveys the development of entrepreneurship and small firms so far, and assesses the role of government in the process, and the strengths and weaknesses of the small business sector.
Author: Mr.James Roaf
Publisher: International Monetary Fund
ISBN: 1498305636
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
The past 25 years have seen a dramatic transformation in Europe’s former communist countries, resulting in their reintegration with the global economy, and, in most cases, major improvements in living standards. But the task of building full market economies has been difficult and protracted. Liberalization of trade and prices came quickly, but institutional reforms—such as governance reform, competition policy, privatization and enterprise restructuring—often faced opposition from vested interests. The results of the first years of transition were uneven. All countries suffered high inflation and major recessions as prices were freed and old economic linkages broke down. But the scale of output losses and the time taken for growth to return and inflation to be brought under control varied widely. Initial conditions and external factors played a role, but policies were critical too. Countries that undertook more front-loaded and bold reforms were rewarded with faster recovery and income convergence. Others were more vulnerable to the crises that swept the region in the wake of the 1997 Asia crisis.
Author: Alberto Gabriele
Publisher: Routledge
ISBN: 1000545482
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
Over a hundred years after the first socialist revolution broke the global monopoly of capitalism, a new class of socialist-oriented socioeconomic development is coming to the fore. Capitalism is still dominant worldwide, although its hegemony is no longer undisputed, and humankind is now faced with a key existential challenge. This book proposes an alternative path to overcoming the worldwide crisis of globalized capitalism. It offers a novel, balanced and historically rooted interpretation of the successes and failures of socialist economic construction throughout the last century. The authors apply a multidisciplinary, holistic and purpose-based methodology to draw basic lessons from stylized facts, emerging in different areas of knowledge, ranging from political economy to biology, and from key national socioeconomic experiences, with a particular focus on China. The book is divided into three parts. The first is mainly theoretical and general in nature, identifying the major contributions bequeathed by the hard sciences to their social counterparts. Consistent with these findings, the authors offer a stylized interpretation of the contemporary state-of-the-art of the debate on the core concepts of economic science and advance a few elementary theories about what socialism in the 21st century could look like. The second and third parts analyze and discusses the core features of a few select experiences, which have evolved in certain countries since 1917, some of which are still unfolding. The book will find an audience among academics, researchers and students in the fields of economics, political science, history, and geography, as well as, policy makers, particularly in developing countries.
Author: Spechler Martin C
Publisher: World Scientific
ISBN: 9813149396
Category : Political Science
Languages : en
Pages : 156
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Book Description
This is the first book to specify the type of economic system that has arisen in Central Asia, replacing the simplistic ideas of "petro-state" or "resource dependent." The book presents three types of state capitalism now established in the former Soviet Union states of Eurasia — crony, dual-sector, and predatory capitalism. It provides first-hand research based on extensive interviewing in the native languages in five of the six. From the political economic perspective, it surveys the source of resources for these authoritarian regimes, their decision-making, and the disposition of government funds, including corruption.
Author: James D. Gwartney
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 348
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Book Description
Derives an indicator for economic freedom based on personal choice, protection of private property, and freedom of exchange. Considers levels and trends in economic freedom, and their correlation with economic growth in 103 countries.
Author: Paul J.J. Welfens
Publisher: Springer Science & Business Media
ISBN: 364257257X
Category : Business & Economics
Languages : en
Pages : 508
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Book Description
Russia has embarked upon a difficult process of systemic transformation and economic opening up. While the initial strong GDP decline seemed to have ended in 1997, the real development was facing even more difficult problems as output declined sharply after the Ruble and banking crisis of August 1998: inflation started to increase again, exports and imports were falling, capital flight increasing and unemployment rising. There is broad disappointment in Russia regarding the transformation failure in 1998 since so many people had hoped that the end of the Soviet command economy would bring democracy, prosperity and international integration. While Poland has been able to double per capita income in the 1990s it has fallen by 50% in Russia and this despite considerable IMF involvement and some (modest) support from other international organizations. What were the reasons for transformation failure in the 1990s? What are the ingredients for long term sustainable transformation? What are the internal and international requirements to avoid a second - possibly tragic - failure of transformation in Russia? An international group of researchers has focussed on these problems during a two-year research project financed by the Alfried Krupp von Bohlen und Halbach Foundation. A series of papers were presented at workshops in Potsdam, Bonn and Moscow in 1999 where this book is devoted to four important issues: the Russian transformation crisis, the topic of restructuring, the need for stabilizing Russia and the requirements for modernizing Russia.
Author: Robert Lawson
Publisher: Simon and Schuster
ISBN: 1621579468
Category : Political Science
Languages : en
Pages : 224
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Book Description
The bastard step-child of Milton Friedman and Anthony Bourdain, Socialism Sucks is a bar-crawl through former, current, and wannabe socialist countries around the world. Free market economists Robert Lawson and Benjamin Powell travel to countries like Venezuela, Cuba, Russia, and Sweden to investigate the dangers and idiocies of socialism—while drinking a lot of beer.
Author: Bruno Jossa
Publisher: Edward Elgar Publishing
ISBN: 1788117832
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Economic democracy is essential for creating a truly democratic political sphere. This engaging book uses Marxist theory to hypothesise that capitalism is not a democratic system, and that a modern socialist system of producer cooperatives and democratically managed enterprises is urgently needed. A New Model of Socialism focuses on the current crisis of the political Left, a result of the collapse of the Soviet model of society and the decline of statism and kingship. Bruno Jossa expands on existing theories to explore Marx's notions on economic democracy in a modern setting. He advocates a move away from the centralised planning form of economic socialism towards a self-management system for firms that does not prioritise the interests of one class over another, in order to achieve greater economic democracy. It is argued that the establishment of such a system of democratic firms is the precondition for reducing intervention in the economy, thus enabling the State to perform its ultimate function of serving the public interest. This timely book is ideal for advanced scholars of Marxist, radical and heterodox economic theory, as well as academics with an interest in the rise of socialism in our modern world. Indeed, it will also be of value to all those seeking a viable and practical alternative to existing capitalist and socialist thinking.
