| Description |
1 online resource (xvi, 356 pages) : illustrations |
| Physical Medium |
polychrome |
| Description |
text file |
| Bibliography |
Includes bibliographical references (pages 315-342) and index. |
| Contents |
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. |
| Summary |
Comprehensive both in its geographic and thematic approach, this text explains how the former communist countries became market economies from 1989 to 2006. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Former communist countries -- Economic policy.
|
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Former communist countries. |
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Economic policy. |
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Former communist countries -- Economic conditions.
|
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Economic conditions. |
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Post-communism -- Former communist countries.
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Post-communism. |
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Privatization -- Former communist countries.
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Privatization. |
| Genre/Form |
Electronic books.
|
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Electronic book.
|
| Other Form: |
Print version: Åslund, Anders, 1952- How capitalism was built. Cambridge ; New York, NY : Cambridge University Press, 2007 9780521683821 (DLC) 2007010103 (OCoLC)87733083 |
| ISBN |
9780511790416 (electronic book) |
|
0511790414 (electronic book) |
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9780511342653 (electronic book) |
|
0511342659 (electronic book) |
|
9780511339899 (electronic book ; Adobe Reader) |
|
0511339895 (electronic book ; Adobe Reader) |
|
9780511341014 (eBook (ebrary) |
|
0511341016 (eBook (ebrary) |
|
9780521683821 |
|
0521683823 |
|
9780521865265 |
|
0521865263 |
|
