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Publications (14)
Working Paper
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The transition to a market economy in Eastern Europe and the Former Soviet Union (FSU) has been associated with greater inequality and social stratification. Living standards have fallen for the majority of people, unemployment and poverty are high, the distribution of assets and earnings has...
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– The Case of Kyrgyzstan 1993-97
The transition from plan to market has fundamentally transformed the social structure in Central and Eastern Europe and the Former Soviet Union. The small Central Asian Republic of Kyrgyzstan exemplifies these changes.Using data from nationally representative living standards measurement surveys in...
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Statistical and sociological evidence is gathered to display changes in social structure of the Czech society before and after 1989, with a special focus on economic inequalities. In the first part, frozen landscape of the communist regime is observed. Behind the facade of forced social homogeneity...
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– A Case Study of Social Stratification
Kyrgyzstan is one of the poorer countries undergoing transition from a centrally planned to a market economy. Unlike its neighbour Uzbekistan, Kyrgyzstan followed a rather radical reform strategy, introduced liberal macroeconomic reforms and large-scale privatization. Having laid major foundations...
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The paper finds that a new system of social stratification is emerging in rural China in the wake of economic reforms, one that is far less equal than what preceded it. As part of this trend, wealth inequality has increased markedly in a short period of time. A relatively equal distribution of land...
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In transition economics, privatization seems to have two basic motivations: separation of politics from the economy, and better corporate governance. While different countries have emphasized such motivations to varying degrees, it is clear that none of the privatization methods chosen is...
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– Projects, Problems and Prospects
North Korea's economic reform began in the mid-1980s. It was motivated by the increasing seriousness of the problems typical of centrally planned socialist economies.In general, the country's reforms have so far been limited both in scope and depth. This is a main cause of the escalation of economic...
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– the Roles of Ownership, Incentives and Restructuring
This paper reviews empirical evidence for key matters concerning new patterns of corporate governance and the determinants of economic performance in transitional economies. Many findings reported draw on new and unusual data for large samples of firms in the Baltic Republics, Russia and Bulgaria...
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– An Alternative Transition Path
This paper examines the nature of the unorthodox ownership and governance structures that are emerging among firms and the way these structures are supporting the remarkable economic growth in the transition economies of East Asia, as represented in particular by China and Vietnam. These economies...
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– Transition as a Socialist Project in East Asia
In analyzing Viet Nam's recent economic adjustments, this paper attempts to distinguish events and policies that are properly assigned to the transition effort (defined as the process of increasing the market determination of economic outcomes) and those more properly associated with economic...
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– Policy versus Non-Policy Factors
All centrally planned economies suffered from over-investment. Due to low capital productivity, reasonable growth rates in output could be maintained only with high investment/GDP ratios. Nevertheless, the sharp reduction in investment during transformational recession and its slow growth during...
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– The Impact of Demographic, Investment and Social Policy Changes
This paper analyses the long-term growth and welfare impact of the transition to the market economy in the countries of Eastern Europe. We define welfare as the average real net wage after payments of social security contributions to fund a paygo-type pension system, and of taxes to service the...
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An equal distribution of assets is a crucial element in the process of economic transition from plan to market. In the socialist era most physical assets were owned by the state and private ownership was not very important for most individuals. When the state abandons the socialist system and...
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– What Makes the Russian Economic Transformation a Special Case
This paper seeks to explain, why Russian (and CIS) economic transformation was neither a shock therapy nor a gradual transition case, but instead followed a sort of middle ground inconsistent shock therapy path. It is argued that there were some objective constraints, mostly of a social and cultural...
Displaying 14 of 14 results