The great transformation undertaken by the countries of the former communist bloc exhibits immense diversityDSin terms of initial conditions, shifting target models, consistency, paths, speed, progress to date, and economic performance. This is the first comprehensive study of the economics and...

Over 1.8 billion people — from Central Europe to East Asia — have been involved in the great systemic transformation to market economy, civic society and democracy, lasting already a generation. The process has evolved more by chance than by design, and has brought mixed fruits. The...

One of the most often committed mistakes in economic reasoning is the supposition about the continuity of economic processes. However, what dominates in reality is a process of permanent changes, which sometimes proceed in a cascading manner rather than linearly. It must be acknowledged that the...

Economics is not only a means of interpreting the past, but it must become an instrument for shaping the future, too. It should show inevitable future economic processes, with their links to culture, technology, and environment. With theoretical knowledge of this area, strategies of...

Due to the interdependence of the contemporary world economy, the great American crisis of 2008-2010 rapidly has become the global crisis. However, it is not just another, only larger than before crisis. It is a fundamental crisis of the capitalist market economy based on neoliberalism....

A piaci rendszerbe való átmenet hosszadalmas folyamat, amely a gazdasági tevékenységek széles skáláját foglalja magában. A piacgazdaságban nem csupán liberális szabályozásra és magántulajdonra van szükség, hanem megfelelő intézményekre is. Emiatt az átalakulás csak...

[fre] La mutation post-socialiste . La mutation systémique post-socialiste est un processus historique de transition progressive d’une économie socialiste planifiée fondée sur la domination de la propriété d’État vers une économie de marché capitaliste. C’est un processus...