By Hans-Jurgen Wagener
It's now nearly a decade on account that principal and east Europe observed the death of the Soviet-style fiscal making plans which followed extra ot much less authoritarian political rule by means of communist events. the industrial concept, according to Marxist philosophy, which shaped theoretical underpinning of centrally deliberate socialist economies, used to be atypical to the sector, and was once appreciably diverse from mainstream western concept. Written by way of prime east eu students, this quantity offers a complete and authoritative source: a wide-ranging evaluate of 50 years of financial considering below communist rule in Europe and through the 1st part of post-communist transformation. It additionally presents an analytical overview of the effect of monetary technology at the reform and transition strategy. The publication contains six country-specific stories, for Russia, Poland, Hungary, Czechoslovakia, japanese Germany and Yugoslavi. each surveys the appropriate literature and its interplay with the advance of the socialist and post-socialist economic climate within the interval 1945-1996. The experiences convey that, regardless of Soviet dominance and the shared Marxist paradigm, improvement of financial notion was once now not uniform, a discovering which helps the speculation formulated within the introductory bankruptcy that ameliorations in approach critique and reform pondering can clarify later alterations in transformational functionality. Laszalo Csaba, Budapest college of Economics, Hungary; Vladimir Gligorov, Vienna Institute for Comparative fiscal reviews, Austria; Jiri Havel, Prague highschool of monetary
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Extra resources for Economic Thought in Communist and Post-Communist Europe (Routledge Studies in the History of Economics, 18)
For even if transformation is characterized by considerable 26 BETWEEN CONFORMITY AND REFORM imitation and institutional transfer, the economic systems evolving in Central and Eastern Europe will be influenced by their past, by the specific features of the socialist system and its intended and realized reforms and by economic, political and social thinking prevalent in the region. That is to say, transformed capitalism coming from socialist planning, even of the Soviet type, will yield a special type of capitalist economic order.
To sum up, even if the Marxist research programme is still relevant, at least Soviet-socialist theory and practice has not proved that it is productive. This is not the place to speculate over the future of socialism in general and its theoretical foundation. If our evolutionary conjectures above are not entirely false, something more will be left. For even if transformation is characterized by considerable 26 BETWEEN CONFORMITY AND REFORM imitation and institutional transfer, the economic systems evolving in Central and Eastern Europe will be influenced by their past, by the specific features of the socialist system and its intended and realized reforms and by economic, political and social thinking prevalent in the region.
More often than not, the answer can only be in terms of the empiric. That connection was crucially missing in Soviet economics. Anyone who has had to convince a Soviet economist in the 1980s that it hardly makes sense trying to estimate what were meant to be models of specifically Soviet enterprise behaviour using Finnish company data, is able to appreciate some of the complications involved in the dilemmas just described. The terms empirical and concrete do not, however, only refer to statistics and other such data.