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Author: János Kornai
Publisher: North-Holland
Published: 1972
Total Pages: 190
ISBN-13:
DOWNLOAD EBOOKAppraisal of various economic theories and economic policies of economic growth, with particular reference to Hungary - concludes that a suitable development policy for Hungary would emphasize the harmonious development of all elements in the economy rather than a rapid growth rate. Bibliography pp. 147 to 154, diagrams and references.
Author: János Kornai
Publisher: MIT Press
Published: 2008-09-26
Total Pages: 970
ISBN-13: 0262612240
DOWNLOAD EBOOKThe intellectual autobiography of an economist influential in both command economies and free market economies that discusses his life, work, and the social and political environment during the Second World War, the 1956 Hungarian Revolution and its aftermath, and the post-socialist transition.
Author: Wu Jinglian
Publisher: Springer Nature
Published: 2021-03-31
Total Pages: 293
ISBN-13: 9811576912
DOWNLOAD EBOOKThis book collects essays from Chinese economic sage who was the mastermind of the reform and opening and persistent champion of market-driven development. In the essays, he outlines his vision of the systemic reform needed for today's China, from rule of law to completion of the market system and reform of state-owned enterprises. Dr. Wu's thoughts are always of interest, but at this pivotal moment of Chinese economic recalibration, his views will be of more value than ever, to scholars, economists, journalists, and those in civil society.
Author: C.M. Davis
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 504
ISBN-13: 9400908237
DOWNLOAD EBOOKThe centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.
Author: Miklós Rosta
Publisher: Central European University Press
Published: 2020-09-01
Total Pages: 232
ISBN-13: 9633863724
DOWNLOAD EBOOKLeading social scientists, empirical analysts, and policy practitioners demonstrate the various ways in which the insights of János Kornai, a renowned early analyst and critic of the command economies of Eastern European communist states, are stirring academic and policy discussions about current challenges. While dissecting the economic theories and practices in the Soviet Bloc, Kornai devised and applied concepts such as soft-budget constraints, rush versus harmonic growth, surplus versus shortage economy, non-Walrasian equilibrium, bureaucratic coordination, and the invisible power of the communist party. These concepts are commonly applied to a variety of issues in the contexts of fundamental transformation. The cases discussed in this volume include the transitional paths of post-communist economies, the pitfalls of East European market-building, economic repercussions of the dissolution of Yugoslavia, and the process of integration in the Eurozone. In conclusion János Kornai’s thoughts on a variety of research topics as well as the value of democracy are included as he delivered at the conference celebrating his 90th birthday in 2018.
Author: János Matyas Kovács
Publisher: Rowman & Littlefield
Published: 2022-04-14
Total Pages: 425
ISBN-13: 1793631786
DOWNLOAD EBOOKThis volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of “optimal planning” which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as “computopia,” there is a large space left behind for future generations to experiment with Big Optimal Plans anew—based, at this time, on artificial intelligence and machine learning.
Author: United States. Congress. Joint Economic Committee
Publisher:
Published: 1977
Total Pages: 1456
ISBN-13:
DOWNLOAD EBOOKAuthor: J. Wilczynski
Publisher: Walter de Gruyter GmbH & Co KG
Published: 2019-10-08
Total Pages: 664
ISBN-13: 3110852055
DOWNLOAD EBOOKNo detailed description available for "An Encyclopedic Dictionary of Marxism, Socialism and Communism".
Author: János Kornai
Publisher: Oxford University Press
Published: 2023-05-11
Total Pages: 240
ISBN-13: 0192668692
DOWNLOAD EBOOKOvercentralization in Economic Administration (Oxford, 1959) was the first book written by an Eastern European and published in the West that openly criticized socialist central planning. In this work the distinguished economist János Kornai begins a lifelong study of the economic organization of centrally planned economies. Professor Kornai's aim in this book was to observe the reality of the working socialist system, and to draw conclusions that were not distorted by the laws of Marxist political economy. He provided a lucid and coherent account of conditions, along with normative recommendations which influenced the Hungarian reform process, culminating in the economic changes of 1968. Professor Kornai identified several systematic failures of the centrally planned economy and gave a prescient account of weak economic performance and eventual disintegration. His argument for radical rather than partial change makes this book essential reading for those interested in the economics of transition in Eastern Europe.
Author: Vittorio Corbo
Publisher: Routledge
Published: 2019-03-08
Total Pages: 357
ISBN-13: 0429711344
DOWNLOAD EBOOKThis book originated with a conference that we held at Pontificia Universidad Cat61ica de Chile in late 1981. When we organized the conference, our focus was to provide policymakers and entrepreneurs with a summary of the experiences and lessons of countries that have pursued policies geared to export-led growth. After the conference we decided that the papers would be useful to a much wider audience and should be prepared for publication. The revised papers are contained in this volume.
