Handbook of the Economics and Political Economy of Transition, 1st Edition

  • Published By:
  • ISBN-10: 1135080879
  • ISBN-13: 9781135080877
  • Grade Level Range: College Freshman - College Senior
  • 512 Pages | eBook
  • Original Copyright 2013 | Published/Released February 2016
  • This publication's content originally published in print form: 2013

  • Price:  Sign in for price



As more than two decades have passed since the fall of the Berlin Wall and the collapse of the Soviet Union, it is now an excellent time to take stock of how the transition process has turned out for the economies that have moved on from socialism and the command economy.

This new handbook assembles a team of leading experts, many of whom were closely involved in the transition process as policymakers and policy advisors, to explore the major themes that have characterized the transition process. After identifying the nature of initial conditions and the strengths and weaknesses of institutions, the varying paths and reforms countries have taken are fully analyzed – from the shock therapy, privatization or gradualism of the early years to the burning issues of the present including global integration and sustainable growth.

Table of Contents

Front Cover.
Other Frontmatter.
Title Page.
Copyright Page.
Other Frontmatter.
Introduction to the Handbook.
1: Transition Economies: The first two decades.
2: Institutions in Transition.
3: Did we go about Transition in the Right Way?.
4: Is the Transition Over?: A definition and Some Measurements.
5: Switching Development Strategies and the Costs of Transition: The Case of the Soviet Union and Russia.
6: Central Planning in the Soviet System.
7: From USSR to Russia: The fate of the Military Economy.
8: Why did Transition Happen?.
9: Transformational Recession.
10: Privatization.
11: Theories and Models of Economic Transition.
12: Fiscal Policy in Transition Economies: Sustainable Public Finance as a Measure of Successful Transition.
13: Trade Reorientation and Global Integration.
14: The Exchange Rate and Foreign Direct Investment: Two Paths to Globalization.
15: Enlargement of the European Union.
16: EU Accession as an Instrument for Speeding Up Transition.
Political Economy.
17: Corruption in the Post-Communist Transition.
18: Bulgaria and Political Economy of Transition.
19: Interpreting China's Economic Growth and Predicting its Future Course.
20: Towards a New Growth Model in Eastern Europe.
21: Entrepreneurship in the Transition Economies of Central and Eastern Europe.
22: Trade and Firms in Transition.
23: Pyramid State Ownership and Control in the Czech Republic.
24: The Business Environment in the Transition.
25: People and Transition: Life in Transition Survey.
26: The Status of Women During the Early Transition Process.
27: The Rural Economy and Households in China and Russia: A Comparison.
28: Labour Markets and Labour Market Institutions in Transition Economies.
Country Studies.
29: Why has Serbia not been a Frontrunner?.
30: Estonia: Did the Strategy of Deep Integration Fail in the 2008/09 Crisis?.
31: Russia Since Transition.
32: Rebuilding a Tradeables Sector: The Binding Constraint in the East German Transition.
33: Resource-Rich Transition Economies.
34: Economic Growth in the Transition from Communism.
35: Central and Eastern Europe and the CIS: 20 years on.
36: Communist Asia.
37: The Great Transformation 1989–2029.