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'. . . this volume is an excellent resource for those interested in the analysis of institutions' design and economic development. . .' - Oscar Alfranca, Progress in Development Studies The main theme of this study is the political economy of policy reform in less developed countries and post-socialist countries. Given the complexity of economic development and transition, Joachim Ahrens views failures in policy reform, poor public sector management, rent-seeking, corruption, and over-centralization as systematic, though not exclusive, instances of institutional failure.
Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important a...
What is Eastern Europe and why is it so culturally and politically separate from the rest of Europe? In Long Awaited West, Stefano Bottoni considers what binds these countries together in an increasingly globalized world. Focusing on economic and social policies, Bottoni explores how Eastern Europe developed and, more importantly, why it remains so distant from the rest of the continent. He argues that this distance arises in part from psychological divides which have only deepened since the global economic crisis of 2008, and provides new insight into Eastern Europe's significance as it finds itself located - both politically and geographically - between a distracted European Union and Russia's increased aggressions.
This well-presented collection with contributions from academics and administrators reflects the growing concern towards the present-day practice of governance. It focuses on the need for Governance for Sustainable Human Development to manage the country's social as well as economic resources leading to better development-founded on four pillars of Accountability, Transparency, Predictability, and Participation. It thus calls for unfolding various issues and devising suitable strategies towards humane governance through appropriate political, bureaucratic, economic, and legal reforms. Highlighting its theme in the initial chapters in the New Public Management perspective, the book goes on to...
This book examines how Russia and Kazakhstan navigated the dilemmas associated with building regulatory state institutions on the ruins of the Soviet command and control system. The two nations developed predatory and wasteful crony capitalism but still improved their business climates and economic performance. To better understand these seemingly incompatible outcomes, the book advances a theory of authoritarian regulatory statehood. It argues that politicians use institutions of the state as a means to balance conflicting elite demands for economic rents and popular demands for public goods and economic growth. An effective balancing of the two prevents elite subversion and popular revolt ...
Reserach suggests that innovation and technical change are crucial for the econimic recovery of the former centrally planned countries in Central and Eastern Europe. This text analyzes the development of innovation systems and technology in this region from various perspectives.
A key objective of the Central European Economies (CEE) on their transition path from planned to more market-oriented economies has been membership of the European Union (EU). The start of Economic and Monetary Union (EMU) in 1999 has added membership of the EMU to the agenda for the CEEs. The task of the so-called Visègrad countries (the Czech and Slovak Republics, Hungary and Poland) of preparing for EU and EMU membership is the key theme underlying the papers contained in this volume. There are many issues to be resolved before the Visègrad countries are admitted into the EU, and this volume focuses on the issues relating to macroeconomic policies and financial sector structures. The chapters of Central Europe Towards Monetary Union: Macroeconomic Underpinnings and Financial Reputation contain new theoretical and empirical results and also comprehensive institutional overviews. The intended readership of the book is policy makers and economists working in the academic and financial sectors.
Indonesia over the past two decades has embarked on a process of decentralization as part of a broader process of democratization, which followed earlier periods of centralized governance and authoritarian rule across the archipelago. The purpose of this book is to begin to explore the connections between governance and sustainable society in a wide variety of policy fields in Indonesia, and how reforming governance structures may contribute to societal benefits and the creation of a long-term sustainable society. This book bridges important theoretical debates related to governance and sustainable society and provides empirical research from Indonesia in important policy areas related to th...