Restructuring and reorienting socialist economies is an integral but also deeply problematic aspect of their post-socialist transformation. 1 The full range of problems involved here emerges most clearly when one recognizes at the outset that economic activities themselves are always socially embedded and socially regulated and that they are also overdetermined by various geo-political, socio-c...

The capitalist and socialist societies of the 20 century assigned firms different roles within their economic systems. Enterprises transforming from socialist to market economies thus face fundamental organizational restructuring. Many former state-owned firms in the transition economies of Central and Eastern Europe have failed at this task. These firms have pursued primarily defensive downsiz...

This paper argues that economic planning under Stalin and Hitler in the 1930s was essentially similar, both in process and outcome. Both economies had fixed prices and used coercion as part of a rather chaotic process of resource allocation; consumption in both countries was sacrificed to investment in heavy industry. Both economies can be thought of as socialist, and socialism in the 1930s was...

The capitalist and socialist societies of the 20 century assigned firms different roles within their economic systems. Enterprises transforming themselves from socialist to market economies thus face fundamental organizational restructuring. Many former state-owned firms in the transitional economies of Central and Eastern Europe failed, so far, at this task. Firms pursued primarily defensive d...

1.1 Systemic barriers to growth in the socialist 6 countries in the 1970s 1.2 Growing need for reform and the Hungarian experience 8 1.3 Systemic reforms vs. external financing.

under the title "Possibilities for and Limitations to a 'Mixed Economy' in Socialist Planned Economies", which was later published in "Acta Slavica Japonica" (Tomus 2,1984) [Sato, T., 1984]* 2 .In that paper I paid special attention to the then ongoing changes which started to appear in the course of the so-called "third wave" of economic reforms from the beginning of 1980s (in Hungary and Chin...

This paper examines the determinants of corruption in transition economies. We found that the progress of structural reform, comprising marketization, rule of law, and democratization had a crucial impact on the extent of corruption control in former socialist countries.

Many transition policies, based on neoclassical economics, failed in Eastern Europe, Former Soviet Union, and China. The paper argues that the failure is due to the viability assumption of the neoclassical economics. The neoclassical economics implicitly assumes a firm to be able to earn a socially acceptable profit in an open, competitive market if the firm has a normal management. However, ma...

In formerly socialist societies the state has dominated sites like museums viewed as critical for producing a national past, but in the case of the Russian Federation these same institutions often are being utilized now to critically examine the past. For many in the emerging market economy of the Russian Federation, formerly state-dominated sites like museums have become important economic res...

It must seem to many people that the collapse of the Soviet Union (and the planned economies of Eastern Europe) effectively ends the socialist calculation debate, with a decisive verdict in favour of the market. We argue that this conclusion is unwarranted. Soviet socialism presented a specific form of planning with definite shortcomings of its own, and its collapse need not rule out alternativ...