Incomplete Revolutions: Success and Failures of Capitalist Transition Strategies in Post-communist Economies

by Adam Zwass

Overview

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.

Product Details

ISBN-13:	9780765603708
Publisher:	Taylor & Francis
Publication date:	12/31/1998
Pages:	272
Product dimensions:	6.00(w) x 9.00(h) x (d)
Lexile:	1430L (what's this?)
Age Range:	18 Years

Table of Contents

From a Failed "People's Capitalism" to a New Oligarchy, The Success and Failure of Coupon (Voucher) Privatization, The "Invisible Hand" of the Czech Market Is Not Yet Capable of Leading, Russia's Reform Path: From Failed "People's" Capitalism to "Bazaar" Capitalism, Big Capital in an Underdeveloped Setting, Overconcentration of Capital in Capital-Poor Russia, The Omnipresent Mafia, Russia's Slavic Neighbors: Similarities and Differences in Reform, In Bulgaria and Romania the Second Reform Phase Is in Statu Nascendi, Poland and Hungary: The Unexpected But Not Accidental Comeback of the Ex-Communists, Poland's Ex-Communists Privatized Like Capitalists, The Polish People Do Not Believe in Utopias Anymore….Epilogue

Editorial Reviews

Zwass, author of several books based on his experience in the central banking systems of the USSR and Poland, now balances the decidedly pessimistic views of his From Failed Communism to Underdeveloped Capitalism (M.E. Sharpe, 1992) with a more even-handed assessment of the reform experiments and economic prospects of Russia and its Slavic neighbors. He also evaluates social democracy in Western Europe, Germany's leading role in opening the Eastern markets, the likelihood of European Union membership for each post-Communist nation, and China's historic opening to the world. Annotation c. by Book News, Inc., Portland, Or.

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