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Going Global: Transition from Plan to Market in the World Economy

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  • Padma Desai
    () (Columbia University)

Abstract

The transition of the former socialist and otherwise centrally planned economies into the world trading and financial system has become a major concern to both policymakers and social scientists. In this book experts from diverse economies address the principal issues raised by this transition. The chapters, which cover fourteen countries of East and Central Europe, the former Soviet Union, and Asia, are the result of a three-year research project. Although the contributors share a unity of design and analysis, each author focuses on the issues most relevant to the country or countries under discussion. In her introductory essay, project leader Padma Desai synthesizes the findings and cuts through recent analytical confusion over such issues as shock therapy versus gradualism. Rather than advocate the faster the better, she discusses the possible difficulty of sustaining rapid transition reforms and globalization in the face of rising unemployment. The countries discussed are the Czech Republic, Hungary, the German Democratic Republic (now eastern Germany), Poland, Estonia, Latvia, Lithuania, Finland, Russia, Kazakhstan, Uzbekistan, China, Vietnam, and India.

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Bibliographic Info

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This book is provided by The MIT Press in its series MIT Press Books with number 0262041618 and published in 1997.

Volume: 1
Edition: 1
ISBN: 0-262-04161-8
Handle: RePEc:mtp:titles:0262041618

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Web page: http://mitpress.mit.edu

Related research

Keywords: world economy; transition;

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Cited by:
  1. B. Bhaskara Rao & Rup Singh, 2010. "Effects of trade openness on the steady-state growth rates of selected Asian countries with an extended exogenous growth model," Applied Economics, Taylor & Francis Journals, vol. 42(29), pages 3693-3702.
  2. Green, Keith, 2005. "Foreign direct investment in the Indian telecommunications sector," MPRA Paper 18099, University Library of Munich, Germany.
  3. Dollar, David & Kraay, Aart, 2001. "Trade, growth, and poverty," Policy Research Working Paper Series 2615, The World Bank.
  4. Padma Desai, 2000. "Why Did the Ruble Collapse in August 1998?," American Economic Review, American Economic Association, vol. 90(2), pages 48-52, May.
  5. Popov, Vladimir, 2001. "Currency crises in Russia and other transition economies," MPRA Paper 28117, University Library of Munich, Germany.
  6. Dollar, David, 2002. "Reform, growth, and poverty in Vietnam," Policy Research Working Paper Series 2837, The World Bank.
  7. Mete FERIDUN & Janet O. OLUSI & Benjamin Ayodele FOLORUNSO, 2006. "Analyzing The Impact Of Globalization On Economic Development In Developing Economies: An Application Of Error Correction Modelling (Ecm)To Nigeria," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(3).

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