Description

Transforming Socialist Economies presents - for the first time - an account of the initial attempts to transform the centrally planned economies of Czechoslovakia and Poland into modern capitalist economies.

Both countries have adopted 'shock therapy' aimed at the fastest possible transition but with disappointing results. Poland appears to be on the brink of permanent depression and political paralysis. Czechoslovakia is only now beginning to show the first signs of economic recovery and faces the prospect of partition. In seeking to explain these disappointing results, Dr Myant critically analyses recent economic performance and past attempts at economic reform. He shows the weaknesses in the theory behind 'shock therapy', considers the political processes that led to its adoption and analyses its impact on the economy, on relations in the workplace and on political life. The result is a provocative and enlightening view of economic reform which will be essential reading for economists and political scientists.

TRANSFORMING SOCIALIST ECONOMIES: The Case of Poland and Czechoslovakia

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Hardback by Martin Myant

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Transforming Socialist Economies presents - for the first time - an account of the initial attempts to transform the centrally... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 01/01/1993
    ISBN13: 9781852787868, 978-1852787868
    ISBN10: 1852787864

    Number of Pages: 320

    Non Fiction , Business, Finance & Law

    Description

    Transforming Socialist Economies presents - for the first time - an account of the initial attempts to transform the centrally planned economies of Czechoslovakia and Poland into modern capitalist economies.

    Both countries have adopted 'shock therapy' aimed at the fastest possible transition but with disappointing results. Poland appears to be on the brink of permanent depression and political paralysis. Czechoslovakia is only now beginning to show the first signs of economic recovery and faces the prospect of partition. In seeking to explain these disappointing results, Dr Myant critically analyses recent economic performance and past attempts at economic reform. He shows the weaknesses in the theory behind 'shock therapy', considers the political processes that led to its adoption and analyses its impact on the economy, on relations in the workplace and on political life. The result is a provocative and enlightening view of economic reform which will be essential reading for economists and political scientists.

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