IDEAS home Printed from https://ideas.repec.org/a/scm/ecofrm/v6y2017i3p6.html
   My bibliography  Save this article

Post-Communist Transformations In Central And Eastern Europe. “Holistic Versus Extended Order” Model

Author

Listed:
  • Aurelian-Petrus PLOPEANU

    (Department of Interdisciplinary Research – Humanities and Social Sciences Alexandru Ioan Cuza University of Ia?i, Romania)

Abstract

The transition of Central and Eastern European post-communist countries followed different sets of reforms with different degrees of success which generated a monolithic debate attitude for decades. From shock-therapy and intermediary to gradualist approaches, I stress the superiority of Bing-Bang reforms to market-based economies from economic, political and social perspectives. In this paper, after identifying the structural reforms started after 1989, I emphasize several variables that demonstrates the superiority of shock-therapy reforms for 22 countries grouped in four specific categories. After the examination that leads to the result that the radicalists won the battle with the gradualists, from epistemological to “numerical” point of views, we tried to propose an explanation for this historical fact and we consider this is due to the superiority of the extended order over the holistic one. Future work is needed to analyse the role of geographical proximity with the Western world and of historical legacies in the advancement of the debate.

Suggested Citation

  • Aurelian-Petrus PLOPEANU, 2017. "Post-Communist Transformations In Central And Eastern Europe. “Holistic Versus Extended Order” Model," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 6(3), pages 1-6, august.
    • Handle: RePEc:scm:ecofrm:v:6:y:2017:i:3:p:6
    as

    Download full text from publisher

    File URL: http://ecoforumjournal.ro/index.php/eco/article/view/677/407
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fidrmuc, Jan, 2003. "Economic reform, democracy and growth during post-communist transition," European Journal of Political Economy, Elsevier, vol. 19(3), pages 583-604, September.
    2. Oleh Havrylyshyn, 2001. "Recovery and Growth in Transition: A Decade of Evidence," IMF Staff Papers, Palgrave Macmillan, vol. 48(4), pages 1-4.
    3. Feldstein, Martin S, 1976. "Perceived Wealth in Bonds and Social Security: A Comment," Journal of Political Economy, University of Chicago Press, vol. 84(2), pages 331-336, April.
    4. Zweynert, Joachim & Goldschmidt, Nils, 2005. "The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change," HWWA Discussion Papers 314, Hamburg Institute of International Economics (HWWA).
    5. Zweynert, Joachim & Goldschmidt, Nils, 2005. "The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change," Discussion Paper Series 26391, Hamburg Institute of International Economics.
    6. Stanley Fischer, 2001. "Ten Years of Transition: Looking Back and Looking Forward," IMF Staff Papers, Palgrave Macmillan, vol. 48(4), pages 1-1.
    7. Zweynert, Joachim & Goldschmidt, Nils, 2005. "The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change," Freiburg Discussion Papers on Constitutional Economics 05/3, Walter Eucken Institut e.V..
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fidrmuc, Jan & Tichit, Ariane, 2013. "How I learned to stop worrying and love the crisis," Economic Systems, Elsevier, vol. 37(4), pages 542-554.
    2. Viktor Vanberg, 2007. "Corporate social responsibility and the ‘game of catallaxy’: the perspective of constitutional economics," Constitutional Political Economy, Springer, vol. 18(3), pages 199-222, September.
    3. Brandi, Clara & Wohlgemuth, Michael, 2006. "Strategies of Flexible Integration and Enlargement of the European Union: a Club-theoretical and Constitutional Economics Perspective," Freiburg Discussion Papers on Constitutional Economics 06/7, Walter Eucken Institut e.V..
    4. Arslan, Ahmad & Tarba, Shlomo Y. & Larimo, Jorma, 2015. "FDI entry strategies and the impacts of economic freedom distance: Evidence from Nordic FDIs in transitional periphery of CIS and SEE," International Business Review, Elsevier, vol. 24(6), pages 997-1008.
    5. Vanberg, Viktor J., 2006. "On the Complementarity of Liberalism and Democracy," Freiburg Discussion Papers on Constitutional Economics 06/9, Walter Eucken Institut e.V..
    6. Zeghni, Sylvain & Fabry, Nathalie, 2008. "Building institutions for growth and human developement : an economic perspective applied to transitional countries of Europe and CIS," MPRA Paper 9235, University Library of Munich, Germany.
    7. Frederic L. Pryor, 2007. "Culture and Economic Systems," American Journal of Economics and Sociology, Wiley Blackwell, vol. 66(4), pages 817-855, October.
    8. Zweynert, Joachim & Wyszyński, Robert & Polkowski, Andreas, 2006. "Measuring the Attitudes Towards the Extended Order in Latvia, Poland and Russia: The Extended Order Index," HWWA Discussion Papers 350, Hamburg Institute of International Economics (HWWA).
    9. Pelikan, Pavel, 2006. "Markets vs. Government when Rationality is Unequally Bounded: Some Consequences of Cognitive Inequalities for Theory and Policy," Freiburg Discussion Papers on Constitutional Economics 06/5, Walter Eucken Institut e.V..
    10. Nikola Najman & Petr Rozmahel & Luděk Kouba & Ladislava Grochová, 2013. "Integration of Central and Eastern European Countries: Increasing EU Heterogeneity? WWWforEurope Working Paper No. 9," WIFO Studies, WIFO, number 46856, February.
    11. Luděk Kouba, 2009. "Návrh klasifikace soudobých sociálně-ekonomických přístupů k teorii růstu [The Proposal of Original Classification of Contemporary Social-Economic Approaches to the Growth Theory]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(5), pages 696-713.
    12. Marinela Istrate & Raluca Horea-Serban & Ionel Muntele, 2019. "Young Romanians’ Transition from School to Work in a Path Dependence Context," Sustainability, MDPI, vol. 11(5), pages 1-21, February.
    13. Nikolay NENOVSKY, 2006. "Book Review: Laszlo Csaba, The New Political Economy of Emerging Europe, Budapest: Akadémiai Kiadó, 2005," The Journal of Comparative Economic Studies (JCES), The Japanese Society for Comparative Economic Studies (JSCES), vol. 2, pages 81-85, July.
    14. Nikolay Nenovsky, 2006. "New View of Contemporary Europe," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 107-110.
    15. Neimke, Markus, 2003. "Financial development and economic growth in transition countries," IEE Working Papers 173, Ruhr University Bochum, Institute of Development Research and Development Policy (IEE).
    16. Fu-Lai Yu, Tony, 2004. "Toward a Cognitive Perspective on Transition," Philippine Journal of Development PJD 2003 Vol. XXX No. 2-e, Philippine Institute for Development Studies.
    17. Iwasaki, Ichiro & Kumo, Kazuhiro, 2016. "Decline and Growth in Transition Economies: A Meta-Analysis," CEI Working Paper Series 2016-9, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    18. Karsten Staehr, 2005. "Reforms and Economic Growth in Transition Economies: Complementarity, Sequencing and Speed," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 2(2), pages 177-202, December.
    19. Doris Hanzl-Weiss & Mario Holzner & Roman Stöllinger, 2013. "Monthly Report No. 4/2013," wiiw Monthly Reports 2013-04, The Vienna Institute for International Economic Studies, wiiw.
    20. Falcetti, Elisabetta & Lysenko, Tatiana & Sanfey, Peter, 2006. "Reforms and growth in transition: Re-examining the evidence," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 421-445, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:scm:ecofrm:v:6:y:2017:i:3:p:6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iulian Condratov (email available below). General contact details of provider: https://edirc.repec.org/data/feusvro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.