Bibliographic Information

Transforming socialist economies : the case of Poland and Czechoslovakia

Martin Myant

(Studies of communism in transition)

E. Elgar, c1993

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Transforming Socialist Economies presents - for the first time - 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. The result is a provocative and enlightening view of economic reform which will be essential reading for economists and political scientists.

Table of Contents

  • Part 1 Reforming the socialist economy: the failure of planning
  • the limits of reform. Part 2 Economic transformation in Poland: the legacy of the 1980's
  • the balcerowicz programme
  • the economy under balcerowicz
  • the search for alternatives. Part 3 Economic transformation in Czechoslovakia: the paralysis of reform
  • the triumph of monetarism
  • the big shock
  • the battle for new policies
  • the rush to privatise. Part 4 Conclusion: successes and disappointments.

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