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• W2034220871 abstract "The post-communist economy is an economy in which an irreversible process of transformation from planned allocation mechanism to a market-type one is going on alongside the development of a democratic, pluralistic society. These processes have already spread across more than 20 states, including the former Soviet Union. The remarks and conclusions that will be formulated here include, in principle, the whole group of those countries, although in many cases empirical data, sufficiently reliable to draw up some generalizing judgements, are not yet available. What is more, the process in question is still in statu nascendi and therefore any too far-reaching generalizations would be fraught with risk. In addition, the experience of transformation in the post-Soviet Asian republics is quite different from that of Poland and Hungary. For example, in the former case the market transformation process is still at the very beginning and the point of departure has been a rather traditional Soviet economy, though one largely disintegrated and entangled in an extremely vast political, institutional, and structural upheaval. In the latter case, the market-oriented transformation process is to a large extent already qualitatively advanced and the starting point of the process was considerably different because of the previous significant progress in market-oriented reforms of the centrally planned economy in those countries; irrespective of how those reforms are assessed, there is no doubt that they facilitate the process of transition to a market. Keeping in mind these and many other differences, it is nevertheless worth while attempting to answer questions about the general conditions, interrelations, prospects for stabilization, and causes of severe output collapse in the post-communist economies. While, from the spatial point of view, the scope of the transition economy has been widening in the course of the last few years, from the historical perspective this widening can be referred to the period beginning with 1990, though not in every case. Thus, the considerations in this paper refer to that period of time with respect to East and Central European countries." @default.
• W2034220871 created "2016-06-24" @default.
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• W2034220871 date "1993-06-01" @default.
• W2034220871 modified "2023-09-27" @default.
• W2034220871 title "From recession to growth in post-communist economies: Expectations versus reality" @default.
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• W2034220871 doi "https://doi.org/10.1016/0967-067x(93)90008-f" @default.
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