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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, EconWPA.
  • Handle: RePEc:wpa:wuwpot:0502005
    Note: Type of Document - pdf; pages: 8
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    File URL: http://econwpa.repec.org/eps/othr/papers/0502/0502005.pdf
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    Cited by:

    1. 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).
    2. Stanley Fischer, 1991. "Privatization in East European Transformation," NBER Working Papers 3703, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    transition; Russia; stabilization; liberalization; privatization; property rights; social safety net; voucher scheme;

    JEL classification:

    • P2 - Economic Systems - - Socialist Systems and Transition Economies
    • P3 - 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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