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Shows how thinking in evolutionary terms enhances our understanding of the economic and social change taking place at all levels.
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Grzegorz W. Kolodko, one of the world's leading authorities on economics and development policy and a key architect of Poland's successful economic reforms, applies his far-reaching knowledge to the past and future of the world economy, introducing a framework for understanding our global situation that transcends any single discipline or paradigm. Deploying a novel mix of scientific evaluation and personal observation, Kolodko begins with a brief discussion of misinformation and its perpetuation in economics and politics. He criticizes the simplification of complex economic and social issues and investigates the link between developments in the global economy and cultural change, scientific...
An examination, by Poland's former Minister of Finance, of the underlying reasons why the transition from state-controlled to free market economies has not been as smooth as envisaged by the relevant governments and international organizations.
Globalisation, like no other term, has gained in recent years a prominent position in nearly all branches of social science. Consequently, its definitions abound, also in economics -- a discipline to which it has a special relevance. In economic terms, Globalisation is the historical process of gradual, yet persistent liberalisation followed by the coalescence of the hitherto largely fragmented markets of goods, capital and labour into a single global market. The concurrent regional integration processes, should by no means be seen as a trend opposed to Globalisation, which they may even facilitate in some circumstances by moving integration to a higher level: from that of national economics...
Written by the architect of Poland's successful economic reforms, this is a comprehensive study of the economics and politics of postsocialism in thirty transitional economies of Europe and Asia.
An answer for the economist is a question for a policy maker. Most economists are confronted daily with the practical question of how the world is organised and how the global economy performs? When economists conclude they can grasp certain aspects scientifically, they offer an answer, which becomes, in turn, a question to the policy makers, keen on changing the world for the better. The unique approach presented in the book is the combination of the theoretical considerations with the policy viewpoint analysis, due to the author's own experience with policy-making as deputy premier and finance minister of Poland (twice and very successful as an architect of Polish reforms). Another importa...
This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.