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Transforming Socialist Economies

The Case of Poland and Czechoslovakia. Studies of Communism in Transition

By (author) M. R. Myant
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 7th Apr 1993
Dimensions: w 156mm h 234mm d 20mm
Weight: 541g
ISBN-10: 1852787864
ISBN-13: 9781852787868
Barcode No: 9781852787868
"Transforming Socialist Economies" presents an account of the initial attempts to transform the centrally planned economies of Czechoslovakia and Poland into modern capitalist economies. Both countries have adopted "shock therapy" aimed at the fastest possible transition but with disappointing results. Poland appears to be on the brink of permanent depression and political paralysis. Czechoslovakia is only now beginning to show the first signs of economic recovery and faces the prospect of partition. In seeking to explain these disappointing results, Dr. Myant critically analyses recent economic performance and past attempts at economic reform. He shows the weaknesses in the theory behind "shock therapy", considers the political processes that led to its adoption and analyses its impact on the economy, on relations in the workplace and on political life. This work should be essential reading for economists and political scientists.

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