IDEAS home Printed from https://ideas.repec.org/a/prs/recofi/ecofi_1767-4603_2001_hos_6_1_4557.html
   My bibliography  Save this article

Postsocialist Transformation

Author

Listed:
  • Grzegorz W. Kolodko

Abstract

[eng] The postsocialist systemic transformation is a historic process of gradual transition from centrally-planned socialist economy based on the domination of state ownership and bureaucratic regulation to capitalist free-market economy based on the domination of private ownership of the means of production and on liberal deregulation. It is an incredibly complex process, which depends on and has a bearing on factors of not only economic, but also social and political significance. Economically, the transformation consists of three parallel, interconnected processes : liberalisation and macroeconomic stabilisation ; institution building ; microeconomic restructuring. Only when these processes take place in an integrated fashion do we witness a systemic transformation, that is, the abolition of the old system and its replacement by a new one. The author analyses this concept in eastern economies. . JEL classifications : P20 [fre] La mutation post-socialiste . La mutation systémique post-socialiste est un processus historique de transition progressive d’une économie socialiste planifiée fondée sur la domination de la propriété d’État vers une économie de marché capitaliste. C’est un processus extrêmement complexe, qui a de fortes implications non seulement économiques mais aussi sociales et politiques. Sur le plan économique, la mutation consiste en trois processus parallèles étroitement liés : la libéralisation et stabilisation macroéconomique, le développement institutionnel et la restructuration microéconomique. Ce n’est que lorsque ces processus ont lieu de manière intégrée que nous constatons une mutation systémique, c’est-à-dire l’abolition de l’ancien système et son remplacement par un nouveau. C’est ce concept que l’auteur tente d’analyser dans les économies de l’Est. . Classification JEL : P20

Suggested Citation

  • Grzegorz W. Kolodko, 2001. "Postsocialist Transformation," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 147-159.
  • Handle: RePEc:prs:recofi:ecofi_1767-4603_2001_hos_6_1_4557
    DOI: 10.3406/ecofi.2001.4557
    Note: DOI:10.3406/ecofi.2001.4557
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/ecofi.2001.4557
    Download Restriction: no

    File URL: https://www.persee.fr/doc/ecofi_1767-4603_2001_hos_6_1_4557
    Download Restriction: no

    File URL: https://libkey.io/10.3406/ecofi.2001.4557?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Daniel Cohen, 1998. "The Wealth of the World and the Poverty of Nations," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262032538, April.
    2. Jorge A. Chan-Lau & Zhaohui Chen, 1998. "Financial Crisis and Credit Crunch as a Result of Inefficient Financial Intermediation—with Reference to the Asian Financial Crisis," International Finance 9804001, University Library of Munich, Germany, revised 22 Sep 1998.
    3. Michael D. Bordo & Barry Eichengreen & Douglas A. Irwin, 1999. "Is Globalization Today Really Different than Globalization a Hunderd Years Ago?," NBER Working Papers 7195, National Bureau of Economic Research, Inc.
    4. Mr. Grzegorz W. Kolodko, 2000. "Globalization and Catching-Up: From Recession to Growth in Transition Economies," IMF Working Papers 2000/100, International Monetary Fund.
    5. G. Kolodko, 2000. "Globalization and Catching-up. From Recession to Growth in Transition Economies," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 10.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Grzegorz W. Kolodko, 2001. "La mutation post-socialiste," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 161-174.
    2. Süppel, Ralph, 2003. "Comparing economic dynamics in the EU and CEE accession countries," Working Paper Series 267, European Central Bank.
    3. Roland Gillet & Yves Wagner, 2002. "Les phénomènes de globalisation," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(1), pages 115-130.
    4. Andrea Szalavetz, 2001. "Western policy lessons in the second phase of regional transformation," IWE Working Papers 119, Institute for World Economics - Centre for Economic and Regional Studies.
    5. K. Dimitrova & Nikolay Nenovsky, 2002. "Dual Inflation under the Currency Board. The challenges of Bulgarian EU accession," Post-Print halshs-00259861, HAL.
    6. Rosa Capolupo, 2012. "Economic Transition and Regional Growth: The Case of Albania and Comparator SEECs," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 18(3), pages 529-549, March.
    7. Rossitsa Rangelova, 2006. "Experience with Different Methodologies for National Income Accounting in Central and Eastern European Countries, 1950-1990," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-33.
    8. Branko Milanovic, 2003. "Income Convergence During The Disintegration Of The World Economy 1919-39," Economic History 0303002, University Library of Munich, Germany.
    9. Gordon H. Hanson & Raymond J. Mataloni & Matthew J. Slaughter, 2005. "Vertical Production Networks in Multinational Firms," The Review of Economics and Statistics, MIT Press, vol. 87(4), pages 664-678, November.
    10. Ribeiro, M.J., 2000. "A Nonscale Growth Model with R&D and Human Capital Accumulation," The Warwick Economics Research Paper Series (TWERPS) 574, University of Warwick, Department of Economics.
    11. Xu, T.T., 2012. "The role of credit in international business cycles," Cambridge Working Papers in Economics 1202, Faculty of Economics, University of Cambridge.
    12. Diana Marcela Escandon Barbosa, 2015. "Logistics and transport in Colombia: factors affecting the export performance," Working Papers 15, Faculty of Economics and Management, Pontificia Universidad Javeriana Cali.
    13. Brian Burgoon & Panicos Demetriades & Geoffrey R D Underhill, 2008. "Financial Liberalisation and Political Variables: a response to Abiad and Mody," WEF Working Papers 0039, ESRC World Economy and Finance Research Programme, Birkbeck, University of London.
    14. Guillermo Ortiz, 2000. "How should monetary policymakers react to the new challenges of global economic integration: commentary," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 255-276.
    15. Raghuram G. Rajan & Luigi Zingales, 2000. "The Great Reversals: The Politics of Financial Development in the 20th Century," OECD Economics Department Working Papers 265, OECD Publishing.
    16. Buiter, Willem H., 2000. "Monetary misconceptions," LSE Research Online Documents on Economics 20168, London School of Economics and Political Science, LSE Library.
    17. Libor Žídek, 2009. "Globalizace a světové hospodářství [Globalization and the World Economy]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(5), pages 622-643.
    18. Barry Eichengreen & Michael D. Bordo, 2003. "Crises now and then: what lessons from the last era of financial globalization?," Chapters, in: Paul Mizen (ed.), Monetary History, Exchange Rates and Financial Markets, chapter 3, Edward Elgar Publishing.
    19. Gelos, R. Gaston & Werner, Alejandro M., 2002. "Financial liberalization, credit constraints, and collateral: investment in the Mexican manufacturing sector," Journal of Development Economics, Elsevier, vol. 67(1), pages 1-27, February.
    20. Balli, Faruk & Basher, Syed Abul & Balli, Hatice Ozer, 2013. "International income risk-sharing and the global financial crisis of 2008–2009," Journal of Banking & Finance, Elsevier, vol. 37(7), pages 2303-2313.

    More about this item

    JEL classification:

    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

    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:prs:recofi:ecofi_1767-4603_2001_hos_6_1_4557. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/ecofi .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.