Titlebook: Economics and Politics of Transition; Christopher T. Saunders (Visiting Fellow) Book 1992 Palgrave Macmillan, a division of Macmillan Publ

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https://doi.org/10.1007/978-1-59259-197-8In Czechoslovakia the events of November 1989 opened the path to democratic changes in the social order and to the transition to a market economy. That means that Czechoslovakia is following Poland and Hungary. So far no East European country has made a successful transition from a centrally planned to a market economy. Unsolved problems dominate.

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Transition of Economic Systems: Basic AspectsThe subject is “Economics and Politics of the Transition of Economic Systems”. It is my task to elaborate the “basic aspects” of a transition of this kind, which requires first of all clarity about the central terms: transition and economic systems.

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Transition from Command to Market EconomiesA change of economic system is always very painful for a society. Not without reason an ancient Chinese surse says: “May you be condemned to live during great changes!” For this reason, it is very important to understand from what and to what model the transition is being made, what are the main obstacles and how they could be overcome.

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Concepts of Transition in Socialist EconomiesAn important asymmetry holds between transition from a command towards a market economy and the reverse process. This asymmetry is closely related to basic features of each system.

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Problems in East European AgricultureAgriculture represents an extreme case among the recently executed and proposed changes in property relations and the organisation of production in Eastern European countries..