IDEAS home Printed from https://ideas.repec.org/a/kap/ecopln/v25y1992i1p79-95.html
   My bibliography  Save this article

Evolutionary and Radical Approaches to Economic Reform

Author

Listed:
  • Murrell, Peter

Abstract

At the end of 1989, most economists agreed that the optimal approach to socialist economic reform involved immediate destruction of old institutions and rapid conversion to capitalist arrangements. This approach is called the radical one. The evolutionary approach has always offered an alternative program of reform. The paper discusses the recent breakdown in the radical consensus and provides a general overview of the evolutionary approach. Two conceptually distinct sets of evolutionary theories are examined--evolutionary economics and conservative political philosophy. Drawing upon these existing theories, the paper builds the rudiments of a single philosophy of evolutionary reform. The evolutionary and radical schemes are then compared. Their different implications for the speed of reform, the use of the old institutions, the magnitude of single elements of reform, and the use of theory are highlighted. Copyright 1992 by Kluwer Academic Publishers

Suggested Citation

  • Murrell, Peter, 1992. "Evolutionary and Radical Approaches to Economic Reform," Economic Change and Restructuring, Springer, vol. 25(1), pages 79-95.
  • Handle: RePEc:kap:ecopln:v:25:y:1992:i:1:p:79-95
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Heinrich, Ralph P., 1993. "The merits of insider privatization: What Russia can learn from Eastern Central Europe," Kiel Discussion Papers 201, Kiel Institute for the World Economy (IfW).
    2. John Marangos, 2011. "Social Change versus Transition: The Political Economy of Institutions and Transitional Economies," Forum for Social Economics, Springer;The Association for Social Economics, vol. 40(1), pages 119-137, April.
    3. Tran, Hien Thu & Santarelli, Enrico, 2018. "Successful Transition to a Market Economy in Vietnam: An Interpretation from Organizational Ecology Theory," GLO Discussion Paper Series 181, Global Labor Organization (GLO).
    4. Blangiewicz, Maria & Charemza, Wojciech W., 2001. "East European economic reform: Some simulations on a structural VAR model," Journal of Policy Modeling, Elsevier, vol. 23(2), pages 147-160, February.
    5. Gilli, Mario & Li, Yuan, 2012. "Citizenry Accountability in Autocracies. The Political Economy of Good Governance in China," NEPS Working Papers 3/2012, Network of European Peace Scientists.
    6. Burawoy, Michael, 1996. "The state and economic involution: Russia through a China lens," World Development, Elsevier, vol. 24(6), pages 1105-1117, June.
    7. Tian, Xiaowen, 2001. "Privatization and economic performance: evidence from Chinese provinces," Economic Systems, Elsevier, vol. 25(1), pages 65-77, March.
    8. Minervini, Leo Fulvio, 2014. "Spectrum management reform: Rethinking practices," Telecommunications Policy, Elsevier, vol. 38(2), pages 136-146.
    9. M. March-Poquet, 2000. "What Type of Transition is Cuba Undergoing?," Post-Communist Economies, Taylor & Francis Journals, vol. 12(1), pages 91-117.
    10. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    11. Joseph Keneck Massil, 2016. "Institutions, théories du changement institutionnel et déterminant de la qualité des institutions: les enseignements de la littérature économique," EconomiX Working Papers 2016-4, University of Paris Nanterre, EconomiX.
    12. Marcello Signorelli & Enrico Marelli, 2007. "Institutional change, regional features and aggregate performance in eight EU’s transition countries," Quaderni del Dipartimento di Economia, Finanza e Statistica 37/2007, Università di Perugia, Dipartimento Economia.
    13. Martin Raiser, 1995. ""Transition is a bridge, therefore do not dwell upon it" 1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 3(2), pages 215-246, June.
    14. Raiser, Martin, 1993. "Governing the transition to a market economy," Kiel Working Papers 592, Kiel Institute for the World Economy (IfW).
    15. Blangiewicz, Maria & Charemza, Wojciech W., 1999. "East European Economic Reform: Some Simulations on a Structural Vector Autoregressive Model," Journal of Policy Modeling, Elsevier, vol. 21(5), pages 535-557, September.
    16. Kornai, János, 2000. "Tíz évvel a Röpirat angol kiadásának megjelenése után. A szerző önértékelése
      [Ten years after the English edition of `The Road to a Free Economy'. The author's self-evaluation]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 647-661.
    17. Falk, Martin & Raiser, Martin & Brauer, Holger, 1996. "Making sense of the J-curve: Capital utilisation, output, and total factor productivity in Polish industry 1990-1993," Kiel Working Papers 723, Kiel Institute for the World Economy (IfW).
    18. Elitsa R. Banalieva & Kimberly A. Eddleston & Thomas M. Zellweger, 2015. "When do family firms have an advantage in transitioning economies? Toward a dynamic institution-based view," Strategic Management Journal, Wiley Blackwell, vol. 36(9), pages 1358-1377, September.
    19. Bohle, Dorothee, 1999. "Der Pfad in die Abhängigkeit? Eine kritische Bewertung institutionalistischer Beiträge in der Transformationsdebatte," Discussion Papers, Research Unit: Organization and Employment FS I 99-103, Social Science Research Center Berlin (WZB).
    20. ., 2013. "The Needham Puzzle, the Weber Question and China's Miracle: Long Term Performance since the Sung Dynasty," Chapters,in: World Economic Performance, chapter 3, pages 42-87 Edward Elgar Publishing.
    21. Raiser, Martin, 1994. "Ein tschechisches Wunder? Zur Rolle politikinduzierter Anreizstrukturen im Transformationsprozeß," Kiel Discussion Papers 233, Kiel Institute for the World Economy (IfW).
    22. Janos Kornai, 2001. "Ten Years after “The Road to a Free Economy”: Self-estimate of the Author," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 42-60.

    More about this item

    Statistics

    Access and download statistics

    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:kap:ecopln:v:25:y:1992:i:1:p:79-95. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    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.

    We have no references for this item. You can help adding them by using 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.