DescriptionTransition Economies provides students with an up-to-date and highly comprehensive analysis of the economic transformation in former communist countries of Eastern and Central Europe and countries of the former Soviet Union. With coverage extending from the end of central planning to the capitalist varieties of the present, this text provides a comparative analysis of economic transformation and political-economic diversity that has emerged as a direct result. It covers differences between countries in terms of economic performance and integration into the world economy. Transition Economies seeks to explain and deepen understanding of these differences, chart the emerging forms of capitalism there, and provide country responses to the world financial crisis of 2008-2009.
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.