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Various characterisations exist of the model of post-social capitalism. While most typologies underscore the prominent role of the state in post-socialist capitalism compared to Western economies, the literature is less clear about what exactly this role consists of. For the case of East Central...
Persistent link: https://www.econbiz.de/10012900264
The large and widening gap between economic performance in Eastern European transition economies and those of the former Soviet Union has been dubbed "the Great Divide" by Berglof and Bolton (2002). This paper provides a rationale for the gap based upon the concept of financial repression. The...
Persistent link: https://www.econbiz.de/10014103388
all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …
Persistent link: https://www.econbiz.de/10012628516
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10003299971
privatization, but also that most respondents prefer to leave firms in private hands. We test three theories of support for reform … by examining who wants to revise privatization and why. First, consistent with a "utilitarian" view, respondents with … poor human capital and few assets support revising privatization in all institutional settings and hold this view because …
Persistent link: https://www.econbiz.de/10014224806
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10014058137
all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …
Persistent link: https://www.econbiz.de/10013310345
and massive privatization could well explain the phenomenon, and that the government's efforts to eliminate the arrears …
Persistent link: https://www.econbiz.de/10014178493
This paper surveys the most significant problems of the pension systems of EU11 countries. These nations had to transform their old-age social security systems after replacing a state-socialist economic order with a capitalist one. Stressing common as well as specific features, our paper...
Persistent link: https://www.econbiz.de/10011537789
Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...
Persistent link: https://www.econbiz.de/10011303300