Transition Economies: Political Economy in Russia, Eastern Europe, and Central Asia
September 2010, ©2011
Part I: The political economy of state socialism
Chapter 1: The system of state socialism
Chapter 2: The successes and failures of central planning
Chapter 3: From reform to breakdown
Part II: Macro-economic transformations: From shock to recovery
Chapter 4: The courses of transition
Part III: Transition: Policies and alternatives
Chapter 5: A strategy for transition
Chapter 6: Alternatives and adaptations
Part IV: The state
Chapter 7: State capacity and the rule of law
Chapter 8: State consolidation: Russia in a comparative perspective
Chapter 9: Economic role of the state
Chapter 10: Welfare states and regimes
Part V: Micro-economic evolution: New forms of business
Chapter 11: Enterprises: Shock and survival
Chapter 12: The growth of new business
Chapter 13: Privatization
Chapter 14: A new banking system
Chapter 15: Enterprises in the period of economic recovery
Part VI: Conclusions
Chapter 16: Emerging Varieties of Capitalism
Chapter 17: The Financial Crisis and a Verdict on Transition
- Presents a thorough analysis of the economic and political transformations in former communist countries of Eastern and Central Europe and countries of the former Soviet Union.
- Provides a comparative analysis of economic transformation and emerging political economic diversity.
- Identifies and explains differences between groupings of countries in Eastern Europe and the former Soviet Union, and on the various forms of capitalism emerging in these countries.
- Explicates these economies’ responses to the world financial crisis of 2008-2009.
—Anca M. Voicu, Rollins College
“The authors have managed to include the entire, very diverse region of Eastern Europe and the CIS in their analysis. They have done it by using pre-defined categories, but also coming up with their own way of classifying and ranking these countries… The timeliness of their analysis, attempting to classify the transition economies also in terms of how they are coping with the [2008-09 financial] crisis, gives the book extra value.”
—Carolyn Ann Kadas, University of Bologna
“The text… combines theory-led reasoning with empirical data in an excellent way. The authors highlight the limits of the Varieties of Capitalism approach in explaining the development trajectories in Eastern Europe and the CIS countries and provide convincing alternative explanations. Their critique of the Washington Consensus policies is well argued and supported by empirical data.”
—Joachim Becker, University of Vienna
“The clarity and good organization of the chapters, as well as the simplicity and clearness of the language and analysis make this book attractive both to the lecturer and his/her audience…. I was most impressed with the coverage of topics; this is exactly the set of material that I teach and that would most definitely be unique and a great contribution... I think this would be an excellent text for my class.”
—Mitchell Orenstein, Johns Hopkins University
“Instead of focusing on the 1990s where most of transition took place intensively, the authors take a much longer horizon by linking the transition experience in the 1990s with the most recent developments such as the world financial crisis of 2008. In doing so, the authors provide a highly updated text on economic transition.”
—Julan Du, City University of Hong Kong
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