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A Message To Gorbachev:Redistribute The Wealth

Author

Listed:
  • Edgar L. Feige

    (University of Wisconson-Madison)

Abstract

The transition from a planned to a market oriented economy requires a complex amalgam of stabilization, liberalization and privatization policies. This paper outlines a combination of policies believed to be necessary, if not sufficient to enlist the efficiency of market mechanisms along with a more equalitarian distribution of wealth that can provide a natural safety for citizens during the transition process. Reference: Challenge, May/June 1990, pp. 46-53

Suggested Citation

  • Edgar L. Feige, 2005. "A Message To Gorbachev:Redistribute The Wealth," Others 0502005, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpot:0502005
    Note: Type of Document - pdf; pages: 8
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/othr/papers/0502/0502005.pdf
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    Citations

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    Cited by:

    1. Stanley Fischer, 1991. "Privatization in East European Transformation," NBER Working Papers 3703, National Bureau of Economic Research, Inc.
    2. Schmieding, Holger & Koop, Michael J., 1991. "Privatisierung in Mittel- und Osteuropa: Konzepte für den Hindernislauf zur Marktwirtschaft," Kiel Discussion Papers 165, Kiel Institute for the World Economy (IfW Kiel).

    More about this item

    Keywords

    transition; Russia; stabilization; liberalization; privatization; property rights; social safety net; voucher scheme;
    All these keywords.

    JEL classification:

    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H1 - Public Economics - - Structure and Scope of Government

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