Buch, Englisch, 208 Seiten, Format (B × H): 152 mm x 234 mm, Gewicht: 350 g
Buch, Englisch, 208 Seiten, Format (B × H): 152 mm x 234 mm, Gewicht: 350 g
ISBN: 978-0-415-12511-6
Verlag: Taylor & Francis
Transitions from socialism to capitalism are complex, both in theory and practice. Russian Economic Reform enables the reader to come to a much better understanding of these momentous changes, by providing a clear and accessible account of the major features of transition. It argues that attempts to portray the reform process is a disaster are misconceived, because they fail to take account of just how badly the pre-reform economy was doing. Many of the problems that are emerging now have their antecedents in the earlier economic system.
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PREFACE: An Economic Excursion INTRODUCTION: The Destination of Russian Economic Reform; The Theme; Implicit versus Explicit; Partial Reform; Pre-Reform Statistics; Statistics and Reform; Limits to Understanding; The Path Ahead CHAPTER 1: MARKETS AND PLANS Econ 101; Soviet Econ 101; The Myth of the Plan; Sufficient Reforms?; More on the Path Ahead CHAPTER 2: RUSSIAN MARKET ACTIVITY Soviet-Era Market Behavior; Market Behavior During Reform; Spontaneous Privatization; More Private Activity; Costs of Doing Business; Conducting Business in Transitional Russia; Agriculture; Conclusions The Russian Economic Paradox, Organized Crime CHAPTER 3: PRICE LIBERALIZATION AND INFLATION Transition Econ 101; Inflation, Repressed and Open; One-Time Price Increases Versus Continuing Inflation; Costs of Open Inflation; Costs of Repressed Inflation; Inflation Costs and Price Liberalization; Comparing Strategies to Combat Repressed Inflation; Causes of Inflation; Budget Deficits and Inflation During Transition; Credible Disinflation; Parking and Perestroika; Are Rubles Worthless? CHAPTER 4: EMPLOYMENT AND UNEMPLOYMENT Introduction; The Labor Sector Under the Ancien Regime; From Implicit to Explicit Unemployment; Partial Reforms and Economic Distortions; Enterprise Debt; Lessons for Reform; Distribution Again Real Wages; Misleading Unemployment Statistics CHAPTER 5: PRIVATIZATION Introduction; Privatization Guidelines; Pre-Reform Property Rights; The Reform Period; Official Russian Privatization; CHAPTER 6: MONOPOLY Introduction; Measuring Monopoly; Monopoly Rents, Pre- and Post- Reform; Monopoly and Privatization; Anti-Monopoly Policy; CHAPTER 7: INCOME AND LIVING STANDARDS Crisis, Chaos, and Collapse; Measuring Living Standards; GNP and Living Standards in the Former Soviet Union; Central Planning and the Measurement of GNP; Russian Incomes During the Transition; Moscow and St Petersburg; Distribution Revisited; Percpetions of Decline; Barter; The Socialist Vice; CHAPTER 8: FALSE HOPES Military Conversion; Ruble Convertibiity; Western Aid; Gradual Reform, Chinese Style; Conclusions; CONCLUSIONS BILBLIOGRAPHY ENDNOTES
Transitions from socialism to capitalism are complex, both in theory and practice. Russian Economic Reform enables the reader to come to a much better understanding of these momentous changes, by providing a clear and accessible account of the major features of transition. It argues that attempts to portray the reform process is a disaster are misconceived, because they fail to take account of just how badly the pre-reform economy was doing. Many of the problems that are emerging now have their antecedents in the earlier economic system.
Russian Economic Reform argues that many of the problems emerging in the Russian Economy have their antecedents in the earlier economic system and that attempts to portray the reform process as a disaster are misconceived.
