How capitalism was built : the transformation of Central and Eastern Europe, Russia, and Central Asia / / Anders Aslund.
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Year of Publication: | 2007 |
Language: | English |
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Physical Description: | xvi, 356 p. :; ill. |
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100 | 1 | |a Aslund, Anders, |d 1952- | |
245 | 1 | 0 | |a How capitalism was built |h [electronic resource] : |b the transformation of Central and Eastern Europe, Russia, and Central Asia / |c Anders Aslund. |
260 | |a Cambridge ; |a New York, NY : |b Cambridge University Press, |c 2007. | ||
300 | |a xvi, 356 p. : |b ill. | ||
504 | |a Includes bibliographical references (p. 315-342) and index. | ||
505 | 0 | |a Communism and its demise. Real socialism. Decline and fall of socialism. The demise of communism in Central Europe. The collapse of the Soviet Union -- Shock therapy vs. gradualism. The radical reform program : a big bang. Gradual reform programs. Rent seeking : the scourge of transition. Criticism of radical reform after the Russian financial crash -- Output : slump and recovery. Sharp decline in recorded output and varied recovery. Exaggeration of the slump. Radical reform : least decline and early recovery. Late reformers : surged after 1998 -- Liberalization : the creation of a market economy. Different strategies of deregulation. Liberalization of foreign trade. Labor market policy. Combat of monopoly : gas and coal. A big bang : vital in deregulation -- From hyperinflation to financial stability. Establishing national currencies. Radical fiscal adjustment was key. Tax policy : from social democratic to liberal. Monetary policy : from loose to strict. Exchange rates : currency board or free float. Dramas of financial stabilization -- Privatization : the establishment of private property rights. Differing aims of privatization. Small-scale privatization : if started, swiftly done. Large-scale privatization : the biggest headache. Privatization of land, real estate, and housing. New enterprise development : the ultimate success. Great achievements of privatization. Vital : speed and legitimacy of property rights -- An inefficient social system. Incomes : differentiation and poverty. Life and health. Education adjusting to demand. Social transfers and pension reform. Alternative social models -- Democracy vs authoritarianism. Democratic breakthrough : critical for successful transformation. An under-reform trap. Renewed democratization : colored revolutions. Parties, electoral rules, and constitutions. How to tame the leviathan : reform of the communist state. Public opinion and ideology. Democracy and democracy aid -- From crime toward law. An explosion of crime. Attempts at building a legal system. Corruption : the bane of transition -- The role of oligarchs. Who are the oligarchs? The economics of oligarchy. The politics of oligarchy. Complaints : a matter of ideology. A question of property rights. Putin's alternative : centralized dictatorship -- The role of international assistance. The dream of Europe. Western failure to act in the East. Trade policy : a gulf between the EU and the CIS. International assistance : insufficient but crucial -- Conclusions : a world transformed. Different models. Achievements and revelations. Why certain polices worked while others did not. | |
533 | |a Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. | ||
650 | 0 | |a Post-communism |z Former communist countries. | |
650 | 0 | |a Privatization |z Former communist countries. | |
651 | 0 | |a Former communist countries |x Economic policy. | |
651 | 0 | |a Former communist countries |x Economic conditions. | |
655 | 4 | |a Electronic books. | |
710 | 2 | |a ProQuest (Firm) | |
856 | 4 | 0 | |u https://ebookcentral.proquest.com/lib/oeawat/detail.action?docID=326005 |z Click to View |