{"product_id":"systems-institutions-and-values-in-east-and-west-engaging-with-janos-kornais-scholarship-9789633863732","title":"Systems, Institutions, and Values in East and","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eIn this volume, leading social scientists, empirical analysts, and policy practitioners demonstrate the various ways in which the insights of Janos Kornai, a renowned early analyst and critic of the command economies of Eastern European communist states, are stirring academic and policy discussions about current challenges. While dissecting the economic theories and practices in the Soviet Bloc, Kornai devised and applied concepts such as soft-budget constraints, rush versus harmonic growth, surplus versus shortage economy, non-Walrasian equilibrium, bureaucratic coordination, and the invisible power of the communist party. These concepts are commonly applied to a variety of issues in the contexts of fundamental transformation. The cases discussed in this volume include the transitional paths of postcommunist economies, the pitfalls of East European market-building, economic repercussions of the dissolution of Yugoslavia, and the process of integration in the Eurozone. The volume concludes with Janos Kornai's remarks about the value of democracy and other research topics, delivered at the conference celebrating his 90th birthday in February, 2018.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eDóra Piroska and Miklós Rosta\u003cbr\u003e Engaging with János Kornai’s Scholarship: Systems, Institutions, and Values\u003cbr\u003e \u003cbr\u003e Iván Szelényi\u003cbr\u003e János Kornai’s Theory of Socialism\u003cbr\u003e \u003cbr\u003e Gerard Roland\u003cbr\u003e Thinking Capitalism with János Kornai\u003cbr\u003e \u003cbr\u003e Péter Mihályi\u003cbr\u003e The Theories of János Kornai and a Less-known Hungarian Economist, Ferenc Jánossy, on Unbalanced Economic Growth\u003cbr\u003e \u003cbr\u003e Geoffrey M. Hodgson\u003cbr\u003e Mistaking Markets: Seeing Markets Where They Do Not Exist\u003cbr\u003e \u003cbr\u003e Bruno Dallago\u003cbr\u003e The System Paradigm and the European Monetary Union: What János Kornai’s Contribution to Comparative Economics Can Suggest to the Eurozone\u003cbr\u003e \u003cbr\u003e László Jankovics\u003cbr\u003e Independent Fiscal Institutions: “New Kids on the Block” in Economic Policy\u003cbr\u003e \u003cbr\u003e Éva Krenyácz\u003cbr\u003e Modified Management Thinking in Health Care: The Impacts of Centralization and the Soft Budget Constraint\u003cbr\u003e \u003cbr\u003e József Péter Martin\u003cbr\u003e Resource Reallocation and Ambiguous Economic Performance in a Captured State: The Case of Hungary\u003cbr\u003e \u003cbr\u003e János Kornai\u003cbr\u003e About the Value of Democracy and Other Challenging Research Topics: Closing Remarks at the Conference on February 22, 2018\u003cbr\u003e \u003cbr\u003e List of Contributors\u003cbr\u003e \u003cbr\u003e Index\u003c\/p\u003e","brand":"Central European University Press","offers":[{"title":"Default Title","offer_id":49372748284247,"sku":"9789633863732","price":48.0,"currency_code":"GBP","in_stock":false}],"url":"https:\/\/bookcurl.com\/products\/systems-institutions-and-values-in-east-and-west-engaging-with-janos-kornais-scholarship-9789633863732","provider":"Book Curl","version":"1.0","type":"link"}