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Transition: Intended and Unintended Processes

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  • Michael Ellman

    (School of Economics, Amsterdam University, Roetersstraat 11, 1018 WB Amsterdam, Netherlands.)

Abstract

An analysis of the relationship between transition as that was intended by the international financial institutions and transition as it actually happened. Attention is paid to what has been learned by experience about stabilisation, liberalisation and privatisation. Attention is also given to the unintended processes of contraction, impoverishment, informalisation, increased corruption, demographic changes, criminalisation, capital flight, polarisation and diversity. Consideration is given not just to macroeconomic phenomena but also to sectors such as agriculture, medical care and pensions. Lessons are drawn for economic policy and for economic doctrines. Comparative Economic Studies (2005) 47, 595–614. doi:10.1057/palgrave.ces.8100128

Suggested Citation

  • Michael Ellman, 2005. "Transition: Intended and Unintended Processes," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 47(4), pages 595-614, December.
    • Handle: RePEc:pal:compes:v:47:y:2005:i:4:p:595-614
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    Cited by:

    1. Olivier Blanchard & Michael Kremer, 1997. "Disorganization," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1091-1126.
    2. Csaba, László, 2009. "A szovjetológiától az új intézményi közgazdaságtanig - töprengések két évtized távlatából [From Sovietology to the new institutional economics - meditations from a distance of two decades]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 749-768.

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