Globalization and catching-up in transition economies

Author(s)

• Kołodko, Grzegorz W.

Bibliographic Information

Globalization and catching-up in transition economies

Grzegorz W. Kolodko

（Rochester studies in Central Europe, 2）

University of Rochester Press, 2002

Note

Includes bibliographical references (p. [93]-97) and index

Description and Table of Contents

Description

Globalization and post-communist transition are currently two of the most important economic issues. Kolodko considers the links between them, and the way forward for post-socialist economies. Kolodko, former finance minister of Poland, considers the links between issues of globalization and post-communist transition, the two most important economic features of the turn of the century. He discusses the pattern of economic growth and contraction of the past fifty years, and reviews the options for the next half century. He accounts for the severity of the transitional recession in Eastern Europe and the former Soviet Union as a result of both the legacies of the past and current policy mistakes, but demonstrates how structural reforms and gradual institutional building have enabled some post-socialist economies to recover. He proposes that, within the wider context of globalization, several of these emerging market economies will be able to catch up with the more advanced industrial countries, but emphasizes the need for quality growth policies and continuing coordination between development strategies and efforts toward structural reform. Grzegorz W. Kolodko is John C. Evans Professor in European Studies at the University of Rochester, and Director of TIGER -- Transformation, Integration and Globalization Economic Research -- at the Leon Kozminski Academy of Entrepreneurship and Management [WSPiZ].

Table of Contents

Introduction Globalization and Postsocialist Transformation Transitional Recession and the Great Depression of the 1990s Different Paths of Contractions, Recovery and Growth Policy Response and the Role of Institution-building Market Imperfections and the New Role of the Government Small versus Big Government and the Quest for Equitable Growth External Shocks and the Catching-up Process Passive Scenarios and Active Policies for the 21st Century Policy Conclusions

by "Nielsen BookData"

Details

• NCID: BA57207206
• ISBN:
  • 158046050X
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Rochester, N.Y.
• Pages/Volumes: vii, 104 p.
• Size: 24 cm
• Classification:
  • DC20 : 338.947
• Parent Bibliography ID:
  • BA51069697