Restoring the growth potential of formerly centrally planned economies

Can Neoclassical Economics Underpin the Reform of Centrally Planned Economies?

here's a curious symmetry between the arguments propounded over the last century in advocacy of socialism and the present popular discussion of the reform of centrally planned economies. In those old discussions, the vision of socialism was utopian, which was contrasted with the Dickensian realities of capitalism. Now, the disasters of central planning are contrasted with the benefits flowing f...

Evolution in Economics and in the Economic Reform of the Centrally Planned Economies*

How Centrally Planned

The millions of deaths that occurred during China’s great famine of 1959-1961 represent one of the world’s greatest civil demographic disasters. Two primary hypotheses have been advanced to explain the famine. One is that China experienced three consecutive years of bad weather while the other is that national policies were wrong in that they reduced and misallocated agricultural production. Th...

Is Coarticulation in Speech Kinematics Centrally Planned ?

Coarticulation in speech production is a phenomenon in which the articulator movements for a given speech sound vary systematically with the surrounding sounds and their associated movements. Although these variations may appear to be centrally planned, without explicit models of the speech articulators, the kinematic patterns which are attributable to central control cannot be distinguished fr...

The potential of transitive economies’ growth based on innovative strategy

Estimating the potential of transitive economies it is essential to understand not only what the perspectives are but as well which strategy to follow to get the most considerable results. This paper proposes a strategy which can help countries like China, Russia etc. The purpose of this article is to present the way for further development that is based on the powerful tool for growth and sust...