Transition Economies in Central and Eastern Europe (eBook, ePUB)

Austrian Perspectives
Redaktion: Sielska, Alicja

• Format: ePub

Produktbeschreibung

The theory of interventionism of the Austrian School of Economics explains the successes and failures of the transformation processes in Central and Eastern European countries and offers a deep insight into contemporary economic phenomena. Three decades have passed since the collapse of communism that precipitated the economic transformation of these countries. This book describes the Austrian view of socialism and in such a context explains the transformational success of the countries of Central and Eastern Europe. Moreover, it shows that the theory of interventionism has not lost its relevance, and the theory itself-along with its modifications-may be used to explain current economic events.

The book is divided into four sections. The first part presents the Austrian perspective on socialism; the second discusses a new approach to the Austrian theory of interventionism, suggesting that the theory should be revised and that its scope should be extended beyond the transformation of the 1990s into the realm of contemporary economic reality; the third part is oriented towards pragmatic considerations, whereby the authors employ the Austrian perspective to analyze specific factors that, according to their view, had an impact on the transformational success of post-communist countries; while the final part is ideological and philosophical in character. Here the authors search for certain principia that govern broadly understood social and economic transformations.

The book is addressed to those interested in the Austrian School of Economics and the political transformation of the 1990s, as well as those who wish to understand contemporary economic trends.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 200
• Erscheinungstermin: 16. August 2023
• Englisch
• ISBN-13: 9781000921458
• Artikelnr.: 68342885

Autorenporträt

Alicja Sielska is Assistant Professor in the Institute of Economic Sciences in the Faculty of Law, Administration and Economics at the University of Wroclaw, Poland and Researcher at the University of New York, Prague, Czech Republic.

Inhaltsangabe

Introduction (Alicja Sielska) PART I - PRIMER Chapter 1. The Failure of
Socialist Central Planning and the Negative Effects from Implementing ESG
(Richard Ebeling) Chapter 2. "Carl Menger and the Post-Soviet Transition of
Central and European Economies" (Barbara Kolm) PART II - NEW PERSPECTIVES
IN THE THEORY OF INTERVENTIONISM Chapter 3. "The Disinterventionist Spiral
and the Transition Process in Easten and Central Europe" (Philipp Bagus)
Chapter 4. "Free-trade, stable money and market reforms by top-down design
Misesian "desperado policy" as daily routine" (Josef íma) Chapter 5.
"Röpke and his theory of deglobalization. An application to understand
current perspectives" (David Sanz-Bas, Miguel Ángel Echarte, Satheesh
Varghese, Sergio Náñez) PART III - ECONOMIC TRANSITIONS EXPLAINED Chapter
6. "Entrepreneurship and black markets under socialism. The case of former
Eastern bloc" (Gabriel Mursa) Chapter 7. From Power to Market: The
Transformation of Centrally Planned Economies and the Theories of
Institutional Change (Marek Hudik, Shahab Sharfaei) Chapter 8. The Role of
Foreign Capital in Economic Transformation in Poland (Mateusz Benedyk)
Chapter 9. "How far are CEE economies from free-market ideals? A look from
the point of view of the Austrian School of Economics theory." (Marcin
Mrowiec) PART IV - SOCIAL AND ECONOMIC TRANSITIONS: PATTERNS, VALUES AND
IDEAS Chapter 10. "Identifying Bottlenecks of Transformation (Mateusz
Machaj) Chapter 11. "The Proactive Society: An Introductory Exposition"
(Jakub Böydar Wi¿niewski) Chapter 12. "Poverty Relief as a Rule-Based
Discovery Procedure: Is a Basic Income Compatible with a Hayekian Welfare
State" (Otto Lehto) Chapter 13. Justice in the 21 st Century: Epistemic
Argument that Rawls was Wrong (iga Turk)