Economic Performance and Communist Legitimacy

Performance Legitimacy , State Autonomy and China ’ s Economic Miracle

Economic reform, democracy and growth during post-communist transition

The post-communist transition was associated with two specific phenomena. First, political liberalization was initiated simultaneously with economic reforms. Second, instead of a short Jshaped adjustment, most transition countries experienced deep and protracted recessions. Some analysts suggest that the early introduction of democracy was in fact harmful for economic growth. Similarly, propone...

On the theory of post-Communist economic transition to market

Purpose – The paper investigates the utility of economic theory for post-Communist economic transformation. It serves to explain the main reasons for market reform failure in different post-Communist countries. Design/methodology/approach – A literature review suggests that after the collapse of the Communist system there was no economic theory of transition to market. Whenever one considers th...

CENTRE FOR ECONOMIC PERFORMANCE DISCUSSION PAPER NO.141 April 1993 CREATING STABLE MONETARY SYSTEMS IN POST-COMMUNIST ECONOMIES

The primary function of banks during economic transformation is seen to be provision of an efficient payments mechanism. The lack of banking skills, particularly in credit allocation, is seen as the major problem in achieving stable monetary systems. This is a problem which can be expected to last many years. The solution is to limit banks to very safe assets (initially central bank liabilities...

Reversing the Queue: Performance, Legitimacy, and Minority Hiring

Studies of minority hiring have found that poor-performing firms or firms in highly competitive contexts are more likely to hire minority candidates. However, most work has examined hiring for entry and mid-level positions, not senior management. Management positions differ in terms of the amount of uncertainty in identifying candidates qualified for the job; in the intensity of external evalua...