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State’S Role And Methods Of Impact On Its Economy In A Transition Period

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  • Kharshiladze, Giorgi

Abstract

The main problem of how to transform a centrally planned market into a market economy has emerged as one of the most influential and challenging issues in modern times. Nowadays, post-Soviet republics and nations of Central and Eastern Europe are in a transformation process and seek to capture claimed efficiency and advantages of market mechanisms for their economies. This is a very complex issue, because a rapid transition from socialism to a market economy is an unprecedented phenomenon and requires fundamental restructuring of a nation’s economic, political, social and legal institutions as well as its physical infrastructure.

Suggested Citation

  • Kharshiladze, Giorgi, 2022. "State’S Role And Methods Of Impact On Its Economy In A Transition Period," OSF Preprints npydm, Center for Open Science.
  • Handle: RePEc:osf:osfxxx:npydm
    DOI: 10.31219/osf.io/npydm
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    References listed on IDEAS

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    3. Mr. Stanley Fischer & Mr. Carlos A. Végh Gramont & Ms. Ratna Sahay, 1996. "Stabilization and Growth in Transition Economies: The Early Experience," IMF Working Papers 1996/031, International Monetary Fund.
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