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The Evolution of Economic Systems

The Evolution of Economic Systems


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About the Book

"The Evolution of Economic Systems" is dedicated to Ota Sik on the occasion of his 70th birthday. It honours Ota Sik's economics, his political life and his social and humane concerns. His commitment to truth, his challenging of established polit-economic structures and idealogical borderlines as well as his search for solutions aiming to improve the life of humans in the economic, social and political realms are also honoured. The editors think that Ota Sik may in some way be considered as an "evolutionist" whose work has always been stressing economic and societal change. He succeeded in analyzing with competence developments in both the Eastern and Western systems and in combining what he considered the best of both worlds. Looking back fifty years from now, quite a few economists may feel that Sik was with his vision of a "Third Way" on the right track. The "Evolution of Economic Systems" brings together contributions from economists from East and West. While this naturally implies a comparative view, the editors have attempted to overcome static comparative economic analysis by viewing the different economic systems in evolution. The first part attempts to establish some interdisciplinary perspectives and to discuss principal aspects of the analysis of economic systems. The second, "Western" part highlights market evolution as well as planned reproduction and institutional change. The third, "Eastern" part focuses on the evolution of planning systems, highlighting various reform movements in Eastern European countries including the USSR and China.

Table of Contents:
Sik's "Third Way" of economic reproduction and institutional change, Kurt Dopfer. Part 1 The interdisciplinary view: changing priorities, Jan Tinbergen; limitations to the interdependence of systems, Gehard Schwarz; economics, environment, and the Faustian imperative, Hans-Christoph Binswanger et al; systems reproduction in interdisciplinary perspective, Leonhard Bauer and Herbert Matis; why some reforms succeed, Gerhard O.Mensch; a cognitive-evolutionary theory of economic policy, Alfred Meier and Susanne Haury. Part 2 The evolution of market systems: evolution and stagnation of economic systems, Ernst Heuss; the self-organization of the economy, Michael Hutter; evolution and innovation, Jochen Ropke; waves in the long-term economic development, Rene Holtschi and Christian Rockstroh; plan, market and banking, A.Kregel; the market and the classical theory of prices, Bertram Schefold; some thoughts on plan and market, Alex Nove; an institutionalist view of the evolution of economic systems, Marc R.Tool. Part 3 The evolution of planning systems: socialist experience and Ota Sik's third way, Jiri Kosta; socialism as a socio-economic system, Branko Horvat; on the reformability of the Soviet type economic systems, Leszek Balcerowicz; strategic reappraisal and short-term adjustment - the external economic policy of socialist countries at the crossroads, Andras Inotai; the technological gap in the CMEA countries - missing incentives, Friedrich Levcik; innovation as the crucial problem of perestroika, Harry Maier; Gorbachev's "Radical Reform" and the future of the Soviet planning system, Hans-Hermann Hohmann; success and failure - emergence of economic reforms in Czechoslovakia, Tamas Bauer; the state of the debate on planning in Hungary, Jan Adam; the evolution of socialist economic theories and the strategic options of reform in China, Wu Jing Lian; the evolution of economic systems - a summary, Karl-Friedrich Raible.


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Product Details
  • ISBN-13: 9780333511534
  • Publisher: Palgrave Macmillan
  • Publisher Imprint: Palgrave Macmillan
  • Height: 220 mm
  • Width: 140 mm
  • ISBN-10: 0333511530
  • Publisher Date: 17 Aug 1990
  • Binding: Hardback
  • Weight: 475 gr


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