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The author argues that the doctrine of state supremacy in Africa suffered a crushing defeat at the hands of the collapse of export prices of African commodities in the late seventies, which undermined the ability of governments to support their expanded public sector. The author observes that...
Persistent link: https://www.econbiz.de/10005561041
said very little about the concrete organization of a socialist economy. His general remarks about socialism were …
Persistent link: https://www.econbiz.de/10005126081
Dreamland is an economic idea for ideal society like Utopia of Moore but it is more applicable to the real world. A man, Boon, had visited a wonderful land and told us what he met in the ideal country. For example: no liquor, limitation of personal wealth, education without degree. If any...
Persistent link: https://www.econbiz.de/10005126091
This paper presents estimates of the macroeconomic consumption function for a Soviet type economy. Systemic differences, however, require that two relations instead of the usual single behavioral relation be estimated. The first relation, which we call the 'planners' consumption function',...
Persistent link: https://www.econbiz.de/10005126117
Klaus, are defended against the leftis criticism that favored either market socialism or the so called 'Third Way'. On the …
Persistent link: https://www.econbiz.de/10005407657
After the demise of “real” socialism and the decline of “western” socialism, socialism can be salvaged as a social … socialism could derive from the socialization of consumption, if the consumption of public goods continues to make up a growing …
Persistent link: https://www.econbiz.de/10005407732
This is a paper presented at the East-West economic conference in Plovdiv, Bulgaria, 1964. The paper outlines the main features of price policy in the Soviet-type socialist system of Eastern Europe. All the prices were centrally fixed, with the main aim to achieve planned standard of living for...
Persistent link: https://www.econbiz.de/10005118717
socialism and to the process of economic and political liberalization. We question that link, because we question whether … socialism was egalitarian. The inequalities in socialism were hidden but, nevertheless, were real. …
Persistent link: https://www.econbiz.de/10005118811
. The accelerated growth episodes observed in Brazil and China demonstrate that the increase in income inequality may have …
Persistent link: https://www.econbiz.de/10005555988
The paper studies regional (spatial) inequality in five most populous countries in the world: China, India, the United … issue of overall inequality as perceived by citizens within a nation. China and India show rising inequality in terms of … vs. Bihar, and Shandong vs. Sichuan provide nice examples of such outcomes in India and China. Higher inflation and …
Persistent link: https://www.econbiz.de/10005556224