Overview

The gradual introduction of market reforms in China since 1978 and their subsequent massive and rapid adoption in the former Soviet bloc triggered an intense debate on the factors and policies which promote a smooth transition to a market economy. Particularly during its initial phase, such debate has focused on liberalization, privatization, and the macroeconomy of the countries of Central and Eastern Europe, and Russia. Other reforming economies and aspects increasingly recognized as key to a successful transition have received less attention in the academic literature. This volume attempts to fill the gap by reviewing the often- neglected role of initial structural and institutional conditions and their subsequent development during the course of the transition. The volume focuses in particular on China, Russia, and the often-ignored countries of Central Asia, Vietnam, and those economies - such as Cuba and North Korea - which are in the very early phases of the reform process.

Full Product Details

Author:   Giovanni Andrea Cornia (Professor of Economics, Professor of Economics, University of Florence) ,  Vladimir Popov (Visiting Professor, Department of European and Russian Studies, Visiting Professor, Department of European and Russian Studies, Carleton University)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.40cm , Height: 2.00cm , Length: 24.30cm
Weight:   0.559kg
ISBN:  

9780199242184

ISBN 10:   0199242186
Pages:   288
Publication Date:   12 July 2001
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
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Table of Contents

I. Introduction and overview 1: Giovanni Andrea Cornia and Vladimir Popov: Structural and Institutional Factors in the Transition to the Market Economy: an Overview II. Lessons from Selected Country Case Studies 2: Vladimir Popov: Russia: Inconsistent Shock Therapy with Weakening Institutions 3: Richard Pomfret: Reform Paths in Central Asian Transitional Economies 4: Fan Gang: The Chinese Road to the Market: Achievements and Long-term Sustainability 5: Manuel Montes: Vietnam: Transition as a Socialist Project in East Asia 6: Keun Lee: The Tortuous Road to the Market in North Korea: Problems and Prospects 7: Manuel Pastor Jr.: Cuba: the Stalled Transition III. Changes in Key Institutions 8: Derek C. Jones: Economic Performance in Transitional Economies: the Role of Ownership, Incentives and Restructuring 9: Laixiang Sun: Unorthodox Ownership and Governance Structures in Transitional East Asia 10: Giovanni Andrea Cornia: Transition Approaches, Institutions and Income Inequality 11: Martin Raiser: Informal Institutions, Social Capital and Economic Transition: Reflections on a Neglected Dimension

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Author Information

Giovanni Andrea Cornia is Special Adviser for Research, UNICEF. Vladimir Popov is Visiting Professor in the Department of European and Russian Studies, Carleton University.

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