Globalization and catching-up in transition economics / Grzegorz W. Kolodko.

Format:

Book

Author/Creator:

Kołodko, Grzegorz W.

Series:

Rochester studies in Central Europe 1528-4808

Rochester studies in Central Europe, 1528-4808

Language:

English

Subjects (All):

Europe, Eastern--Economic conditions--1989-.

Europe, Eastern.

Eastern Europe.

Economic conditions.

Former Soviet republics--Economic conditions.

Former Soviet republics.

Globalization--Economic aspects.

Globalization.

Post-communism--Europe, Eastern.

Post-communism.

Post-communism--Former Soviet republics.

Physical Description:

vii, 104 pages : illustrations ; 24 cm.

Place of Publication:

Rochester, NY : University of Rochester Press, 2002.

Summary:

Globalization and post-communist transition are currently two of the most important economic issues. Kolodko considers the links between them, and the way forward for post-socialist economies.

Contents:

2. Globalization and Postsocialist Transformation 4

3. Transitional Recession and the Great Depression of the 1990s 7

4. Different Paths of Contraction, Recovery, and Growth 16

5. Policy Response and the Role of Institution-Building 27

6. Market Imperfections and the New Role of Government 31

7. Small versus Big Government and the Quest for Equitable Growth 40

8. External Shocks and the Catching-up Process 51

9. Passive Scenarios and Active Policies for the Twenty-First Century 59

10. Policy Conclusions 80

Statistical Appendix: From Growth Cycles under a Centrally Planned Economy to Business Cycles under a Market Economy, 1950-2004 85.

Notes:

Includes bibliographical references (pages [93]-97) and index.

ISBN:

158046050X

OCLC:

48943833