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Early transition was characterized by debate over shock therapy and gradualism as alternative reform strategies. Other important debates concerned the nature of the former USSR. Was it ever Socialist and what were its laws of motion? What implications does the old system have for the course of post-communist reforms? These are among the key issues analysed in this book, through a mix of conceptual analysis and an interesting selection of country studies.
Electoral Systems and Political Transformation in Post-Communist Europe assesses the influence of electoral systems on political change in 20 post-communist European states. The main finding is that electoral institutions have systematic effects on the formation of representative structures. 'Party-enabling' aspects of electoral laws such as list proportional representation tend to foster popular inclusion in politics and institutionalized party systems, whereas 'politician-enabling' rules such as single-member districts and ballots that allow voters to select individuals often favour the development of weakly structured systems and high levels of popular exclusion from the representative process.
"This book will be essential and challenging reading for political scientists and economists as well as policymakers in NGOs. such as aid agencies and the institutions of the EU."--BOOK JACKET.
This volume focuses on the role of privatization strategies, contrasting the outcomes of the voucher plans with outright sale of state assets (including to foreign investors). The author considers the record of newly emerging banking and financial systems.
Offering a single, coherent framework of the political, economic, and social phenomena that characterize post-communist regimes, this is the most comprehensive work on the subject to date. Focusing on Central Europe, the post-Soviet countries and China, the study provides a systematic mapping of possible post-communist trajectories. At exploring the structural foundations of post-communist regime development, the work discusses the types of state, with an emphasis on informality and patronalism; the variety of actors in the political, economic, and communal spheres; the ways autocrats neutralize media, elections, etc. The analysis embraces the color revolutions of civil resistance (as in Georgia and in Ukraine) and the defensive mechanisms of democracy and autocracy; the evolution of corruption and the workings of “relational economy”; an analysis of China as “market-exploiting dictatorship”; the sociology of “clientage society”; and the instrumental use of ideology, with an emphasis on populism. Beyond a cataloguing of phenomena—actors, institutions, and dynamics of post-communist democracies, autocracies, and dictatorships—Magyar and Madlovics also conceptualize everything as building blocks to a larger, coherent structure: a new language for post-communist regimes. While being the most definitive book on the topic, the book is nevertheless written in an accessible style suitable for both beginners who wish to understand the logic of post-communism and scholars who are interested in original contributions to comparative regime theory. The book is equipped with QR codes that link to www.postcommunistregimes.com, which contains interactive, 3D supplementary material for teaching.
In this book Foreign Direct Investments are defined as strategic investments by foreign economic agents who enter the transitional economy market by acquiring (partially or wholly) local enterprises. There is also the possibility of making a 'greenfield investment' in the host country.
In the confrontation between the two main economic systems that has marked the twentieth century, capitalism has been declared the winner–by default– over its adversary, socialism. Today, establishing a market economy has become the primary goal of the formerly socialist countries. The history of economic reform helps explain this remarkable turning point. Attempts to improve the old centralized system by expanding enterprise autonomy (in Poland, the Soviet Union, and East Germany) and more radical reforms that limited the role of central planning (in Yugoslavia, Czechoslovakia, Hungary, and China) encountered social and political obstacles or had unexpected and undesired effects. During the 1980s, the idea of a socialist market economy, which had been seen as a "third way" between capitalism and centralized socialism, was abandoned as economists gradually came to support a free market rather than the dogma of planning. Through a comparative and historical analysis of change in socialist and post-socialist systems, this timely and original book clarifies the policies and pitfalls in this extraordinary transition. Bernard Chavance provides a succinct introduction and analysis of the politics and economics of Eastern Europe from the creation of the Stalinist system in the Soviet Union through what he argues have been three major waves of reform since the 1950s to the dismantling of most socialist governments in the 1990s. Exploring the link between the one-party regime and the growing rigidity of socialist economic systems, the author analyzes the failure of both incremental and radical reforms to adapt to new economic challenges, thus leading to the ultimate collapse of communist regimes in Europe.
Post-communist transformation differs from any previous experience of societies in transition by its scope, speed, international framework and complicity. It contains elements of democratization, marketization, nation building, and the creation of a new international environment in the framework of globalization. The contributors give an 'internal' perspective of these highly complicated processes in a comparative form and using a multidisciplinary approach.
First published in 1997, this collection of articles and essays analyses the political economy of reform and change in Eastern Europe during the years of Gorbachev’s perestroika and the years immediately following the fall of the Berlin wall and the collapse of the Soviet Union. Written by Polish economist Jan Winiecki, between 1984 and 1996, this work explores the issue of the feasibility of reform and change during the period of decline and collapse of communist economic order and, later, the emergence of the capitalist economic order in the post-communist Eastern Europe. Split into three parts, the work considers firstly the failures of Gorbachev’s political economy of reform, secondly the determining factors in the collapse of the Soviet system, and finally the feasibility of the systematic change which began in the wake of its collapse.
The work's major substantive themes revolve around problems of post-communist socio-economic transformations. Specifically, it explores post-communist systemic change, the role of religion and collective identity, the significance of trust and economic culture, patterns of state-economy interactions in enterprise restructuring, the context of EU expansion, the strengths and weaknesses of economic theory and neo-liberal doctrine, and the history of ideas in the post-communist transformation debate.