J M Van Brabant

(Author)

Industrial Policy in Eastern Europe: Governing the Transition (1993)Paperback - 1993, 22 November 2012

Industrial Policy in Eastern Europe: Governing the Transition (1993)
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Part of Series
International Studies in Economics and Econometrics
Print Length
360 pages
Language
English
Publisher
Springer
Date Published
22 Nov 2012
ISBN-10
940104340X
ISBN-13
9789401043403

Description

This volume in essence continues my recent contributions towards building up a better understanding of the wide range of obstacles besetting the transitions away from administrative planning in the former communist regimes in the eastern part of Europe. It is self-contained, however. As such, it specifically addresses issues revolving around how best to govern economies, and indeed societies more generally, that are undergoing fundamental structural transfor- mation, and whether industrial policy can facilitate progressing with the vexing transformations that will have to be enacted over a protracted period of time. Because of the bewildering variety of hindrances that the managers of the transition have been confronted with, many of which were not even contem- plated when the programs were first designed, regaining a measure of good governance, including notably good economic governance, is critical in formu- lating a positive pOlitical economy of transition. Arguably most critical is steering the processes of destruction and creation-not 'creative destruction' in the Schumpeterian sense. In some cases, this requires reallocating decom- missioned resources, both capital and labor, to new activities. Changing rules on the utilization of existing assets is evidently at the core of what the transi- tion towards market-based economic systems should be all about Very often, however, this requires establishing new economic activities from domestic and foreign savings.

Product Details

Author:
J M Van Brabant
Book Edition:
1993
Book Format:
Paperback
Country of Origin:
NL
Date Published:
22 November 2012
Dimensions:
23.39 x 15.6 x 1.98 cm
ISBN-10:
940104340X
ISBN-13:
9789401043403
Language:
English
Location:
Dordrecht
Pages:
360
Publisher:
Weight:
530.7 gm

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