The Political Economy of Transformation

Front Matter....Pages i-viii
Front Matter....Pages 1-1
Transformation as a Political-Economic Process....Pages 3-22
Front Matter....Pages 23-23
Capitalism by Democratic Design? Democratic Theory Facing the Triple Transition in Central and Eastern Europe....Pages 25-43
Transition to a Market Economy as the Transformation of Coordination....Pages 45-59
On the Convergence of Formal Rules: A Reformulation of Efficiency Arguments....Pages 61-83
Which Institutionalism? Searching for Paradigms of Transformation in Eastern European Economic Thought....Pages 85-94
Front Matter....Pages 95-95
On the Normative Theory of Transformation....Pages 97-112
Some Reflections on Privatization as a Means to Transform the Economic System: The Western Experience....Pages 113-143
The Paradox of Transformation: An Evolutionary Case for Rapid Privatization....Pages 145-160
Tax Policy Choices in New Market Economies—Administrative Restrictions....Pages 161-174
Perverse Effect of Fiscal Adjustment in Transition Economies....Pages 175-187
Industrial Restructuring and Microeconomic Adjustment in Poland....Pages 189-205
Front Matter....Pages 207-207
China’s Transition to the Market: A Paradox of Transformation and its Institutionalist Solution....Pages 209-241
Back Matter....Pages 243-243