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Socialism, Capitalism, Transformation

Leszek Balcerowicz,
Deputy Prime Minister and Minister of Finance, Poland

"In this book Prof Balcerowicz brings together 17 academic articles that summarise his research on the process of radical economic transformation... It is an impressive volume which makes a convincing case for the post-communist transition to be as rapid as possible." - Financial Times

Balcerowicz summarizes the research on institutions, institutional change, and human behavior that he has undertaken since the late 1970s, including the Polish model of economic reform.

Contents

Part 1: Problems with the definition of socialism in todays world; On the 'socialist market economy'; 'Socialist calculation debate' and reform discussions; On the reformability of the Soviet-type economic systems; Towards an analysis of ownership; Political and economic regimes Part 2: Understanding post-communist transitions; Economic transition in Central/ East Europe; Various roads to a private market economy; Macropolicies in transition to a market economy; Common fallacies in the debate on economic transition Part 3: Polish economic reform 1981-88; Political economy of economic reform in Poland 1989-92; Transition to a market economy - Poland 1989-93 Conclusion

1995
384 pages
ISBN 978-1-85866-025-7 cloth $49.95 / €42.95 / £31.95
ISBN 978-1-85866-026-4 paperback $26.95 / €22.95 / £16.95

See also: Capitalism with a Comrade's Face

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