This volume in essence continues my recent contributions towards building up a better understanding of the wide range of obstacles besetting the transitions away from administrative planning in the former communist regimes in the eastern part of Europe. It is self-contained, however. As such, it spe...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Van Brabant, J.M (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Dordrecht Springer Netherlands 1993
Ausgabe:	1st ed. 1993
Schriftenreihe:	International Studies in Economics and Econometrics 31
Schlagworte:	Economic Growth Industrial Organization Development Economics Economic growth Industrial organization Development economics Transformation Wirtschaftsreform Wirtschaftssystem Industriepolitik Osteuropa
Online-Zugang:	BTU01 URL des Erstveröffentlichers
Zusammenfassung:	This volume in essence continues my recent contributions towards building up a better understanding of the wide range of obstacles besetting the transitions away from administrative planning in the former communist regimes in the eastern part of Europe. It is self-contained, however. As such, it specifically addresses issues revolving around how best to govern economies, and indeed societies more generally, that are undergoing fundamental structural transfor­ mation, and whether industrial policy can facilitate progressing with the vexing transformations that will have to be enacted over a protracted period of time. Because of the bewildering variety of hindrances that the managers of the transition have been confronted with, many of which were not even contem­ plated when the programs were first designed, regaining a measure of good governance, including notably good economic governance, is critical in formu­ lating a positive pOlitical economy of transition. Arguably most critical is steering the processes of destruction and creation-not 'creative destruction' in the Schumpeterian sense. In some cases, this requires reallocating decom­ missioned resources, both capital and labor, to new activities. Changing rules on the utilization of existing assets is evidently at the core of what the transi­ tion towards market-based economic systems should be all about Very often, however, this requires establishing new economic activities from domestic and foreign savings
Beschreibung:	1 Online-Ressource (XIV, 360 p)
ISBN:	9789401107921
DOI:	10.1007/978-94-011-0792-1