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Home > Society and Social Sciences > Politics and government > Political science and theory > From Shock to Therapy: The Political Economy of Postsocialist Transformation(WIDER Studies in Development Economics)
From Shock to Therapy: The Political Economy of Postsocialist Transformation(WIDER Studies in Development Economics)

From Shock to Therapy: The Political Economy of Postsocialist Transformation(WIDER Studies in Development Economics)


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About the Book

The great transformation undertaken by the countries of the former communist bloc exhibits immense diversityDSin terms of initial conditions, shifting target models, consistency, paths, speed, progress to date, and economic performance. This is the first comprehensive study of the economics and politics of postsocialism to be written by an author so deeplyDSand so successfullyDSinvolved in the reform process. Many people writing on the reform process offer advice that is not really credible; as a member of the Polish government, and architect of the successful Polish reform, Grzegorz Kolodko actually solved many of the difficulties of transition, which allows him to come forward here with policy proposals and long-term forecasts. The treatment of the transition from plan to market as a historical process is an important feature of the book. The author claims that there is no historical fatalityDSthat sound policies in the present are more determining than the favourable or unfavourable legacies of the past. The aim is to create and maintain the conditions for sustainable growth and durable development.

Table of Contents:
Introduction 1: Transition from socialism: where to? 2: Different points of departure 3: Systemic change and economic performance 4: Transitional recession: expectations, reality, interpretations 5: The Washington Consensus revisited 6: Transition policy and development strategy 7: Transition from plan to market 8: Financial reform and policy 9: The redistribution of the costs and benefits of transition 10: Marketization and democratization 11: From recovery to sustained growth 12: The internationalization of postsocialist economies 13: The long-term prospects 14: Doubts and conclusions

About the Author :
Kolodko is a university professor (currently of Warsaw and Rochester universities), researcher, consultant to international organizations, former government minister in Poland, and author of numerous books and research papers.

Review :
`worth having in one's library' SEER, Vol.79, No.3 `this is one of the best treatments of the transformation process thus far available' SEER, Vol.79, No.3 `His [Kolodko] analysis of the old system and where it went wrong under the megalomaniacal dominance of Soviet leaders is a valuable contribution to our understanding of the past and present in the region' SEER, Vol.79, No.3 `provides a highly readable and sensible critique of the so-called 'Washington consensus' on the recipe for transformation of former Soviet-type economics' SEER, Vol.79, No.3


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Product Details
  • ISBN-13: 9780198297437
  • Publisher: Oxford University Press
  • Publisher Imprint: Oxford University Press
  • Height: 242 mm
  • No of Pages: 470
  • Series Title: WIDER Studies in Development Economics
  • Sub Title: The Political Economy of Postsocialist Transformation
  • Width: 163 mm
  • ISBN-10: 0198297432
  • Publisher Date: 20 Apr 2000
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Spine Width: 29 mm
  • Weight: 775 gr


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