IDEAS home Printed from https://ideas.repec.org/h/pal/stuchp/978-0-230-29504-9_3.html
   My bibliography  Save this book chapter

The “Gradualist” Years, 1990–1996

In: Central Banking and Financialization

Author

Listed:
  • Daniela Gabor

Abstract

The fall of socialism left Eastern Europe keen to embrace the Western norms of a liberal democracy and a market economy, the opposite of the plan and the monopoly of the Communist Party (Pop 2006). The mood was confident, as were the promises: a quick transition to a market paradise of consumer well-being and efficient production. Riding the wave of optimism that the development gap could be bridged quickly, the free-market advocates presented system-wide change as a fundamentally simple process if policies were consistent with market efficiency assumptions. The challenge was fundamentally political, requiring an irreversible decision to separate the economic sphere from government interference and to replace the failed central planning mechanism.

Suggested Citation

  • Daniela Gabor, 2011. "The “Gradualist” Years, 1990–1996," Studies in Economic Transition, in: Central Banking and Financialization, chapter 3, pages 53-109, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-29504-9_3
    DOI: 10.1057/9780230295049_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:stuchp:978-0-230-29504-9_3. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.