Suchergebnisse

Cover -- Half Title -- Title Page -- Copyright Page -- Contents -- List of Figures and Tables -- Foreword -- Acknowledgements -- Introduction to the Transaction Edition -- PART I: COMPARATIVE MODELS OF TRANSITION -- Chapter 1 The Collapse of the Stalinist Economic System -- Chapter 2 The Analytical Framework -- Chapter 3 The Cost of Transition -- PART II: CASE STUDIES IN TRANSITION ECONOMIES -- Chapter 4 The Shock Therapy Model of Transition -- Chapter 5 The Neoclassical Gradualist Model of Transition Preventive Therapy -- Chapter 6 The Post Keynesian Model of Transition: Developing a Civilized Society -- Chapter 7 The Pluralistic Market Socialist Model of Transition -- Chapter 8 The Non-Pluralistic Model of Market Socialism: The Chinese Approach -- PART III: CONCLUSIONS -- Chapter 9 Was There an Optimal Model of Transition? -- Appendix -- Bibliography -- Index

"With this book, John Marangos offers an insightful historical and theoretical review of the Washington Consensus and its successors among the mainstream. Following an intuitive structure, it explores international development and the Washington Consensus through the lenses of neoclassical economics, Post-Keynesian economics, Institutional economics and Marxist economics. Ultimately, it provides a compelling alternative perspective to the dominant neoclassical development paradigm, and enables readers to identify the inter-connections, inter-relationships and inter-contradictions between different frameworks and policies. It will be valuable supplementary reading for students, researchers and policymakers in international development, development economics, heterodox economics and the history of economic thought"--

This contributed volume explores the political economy and socioeconomic aspects of the Greek Financial Crisis both within the country's borders and as part of the global economy. With chapters authored by international experts, this book examines and explicitly deals with specific and important issues that have been ignored by the dominant socioeconomic theory and practice, which have largely focused on the causes and broad economic consequences of the crisis. Discussions include the efficacy of new EU institutions created to address the crisis, the rise of unregistered economic activity, and comparisons with financial crises in countries beyond Europe. This diverse collection argues that the Greek Financial Crisis was not just an economic crisis, but a political and social crisis as well, one with repercussions beyond Europe.

Consistency and Viability of Capitalist Economic Systems develops an original analytical framework to understand the relationship between the economic, political, and ideological structures, the external environment, and the process of reform that give rise to certain economic systems by establishing consistency

In 1985, General Secretary Mikhail S. Gorbachev led the Soviet Union through a series of revolutionary reforms, such as Perestroika ('Restructuring') and Glasnost ('Openness'). Yet many of these changes failed, resulting in the collapse of centrally administered socialism throughout the country and most of Eastern Europe. "Consistency and Viability of Socialist Economics Systems" establishes a new and enlightening approach to understanding complex socialist economies. This book presents an original analytical framework to better map out the relationship between the economic, political, ideological structures, and the external environment, as well as the reform process that gives rise to certain economic systems.

The ultimate survival of an economic system depends on whether or not the interrelationships between its institutions and its members are consistent with each other. "Consistency and Viability of Capitalist Economic Systems" develops an original analytical framework to understand the relationship between the economic, political, and ideological structures, the external environment, and the process of reform that give rise to certain economic systems by establishing consistency. Consistency, however, is not enough; a consistent economic system must be flexible and have the internal mechanisms to be able to adapt to changes in social reality, thus making possible its survival over time. In other words, the economic system is viable when it is able to encourage increases in labor productivity and there is popular support. Thus the economic system, in its broad social science context, must be both consistent and viable. Economic systems examined in this text are the capitalist economics systems of Great Britain, Japan, European Union and Sweden.

"Consistency and Viability of Islamic Economics Systems and the Transition Process" has the crucial intention of stimulating interest in Islamic economics by studying the Islamic Republic of Iran using the analytical framework of consistency and viability. This text develops an original analytic framework to understand the relationship between the economic, political, and ideological structures, the external environment, and the process of reform that gives rise to certain economic systems by establishing consistency. Consistency, however, is not enough; a consistent economic system must be flexible and have the internal mechanisms to be able to adapt to changes in social reality, thus making possible its survival over time. In other words, the economic system is viable when it is able to encourage increases in labor productivity and there is popular support. The collapse of centrally administered socialism in Central and Eastern Europe and the former Soviet Union resulted in what was commonly referred to as the transition problem.

As a collection of alternative views on societies, methodologies, policies and assessment of the current elements of the society, Alternative Perspectives on a Good Society brings together different authors answer different questions all within the context of visions of a good society. From the visions of institutionalist views of what constitutes a good economy in the 21st century to a feminist perspective on the meaning and characteristics of a good society, this discussion will provide a framework for examining the current economic crisis among other pressing topics of the times. Marxist ideas about human nature are explored along with a number of the issues involved in the transition from our capitalist society, to a better post-capitalist society and post-capitalist human being, concluding with the consideration of the good society perspective from a development ethics point of view. The contributors to this volume offer methodological principles and alternative policies for building alternative socio-economic models that can contribute to the design of strategies for building a better world.

The purpose of this article is to develop a post-Keynesian interpretation and viewpoint of the required policies associated with the Greek financial crisis. The Troika, inspired by the book After the Washington Consensus, and with the International Monetary Fund (IMF) acting in a leading role, embraced austerity in their disbursement of funds. The imposed conditionalities induced a deep recession, created an unfathomable challenge for Greece to meet the conditionalities year after year, and resulted in a sequence of failed adjustment programs, one after the other. Scholars, students, and policymakers of the global financial crisis and international development will benefit from these findings because the subject is of current interest and uses Greece as a case study to speak to the ongoing debates about the imposed recession as an antidote to the global financial crisis. JEL Classification: B5, E60, E65