Titlebook: Consistency and Viability of Islamic Economic Systems and the Transition Process; John Marangos Book 2013 Palgrave Macmillan, a division o

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https://doi.org/10.1007/978-3-030-74761-9rred to as the transition problem. This problem was how to transition from centrally administered socialist economic system to a market-based economic system. Economies that attempted to replace central administration in the form of direct planning with market institutions are commonly known as tran

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S. Dhamodharavadhani,R. Rathipriyaart of these reforms is usually identified with the Communist Party Plenum in December 1978. China’s reforms differed markedly from those implemented by Gorbachev. Table 7.1 demonstrates the remarkable performance of the Chinese economy in contrast to the pre-Gorbachev and Gorbachev eras in the Sovi

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Consistency and Viability of Economic Systemsion of economic institutions. On the one hand, economic history reveals a plethora of examples of societies that were able to survive in time and space, making history because their structure brought people together in a productive fashion. On the other hand, there are examples of societies that did