comparative shockology

Wojtek Sokolowski sokol at jhu.edu
Mon Aug 23 09:14:26 PDT 1999


At 12:44 AM 8/23/99 -0400, you wrote:
>
>Does anyone know a good article about why shock treatment worked in Poland
>but not in Russia? I mean in the most basic sense -- Poland went through
>three horrible years, and then she came out of it with a functioning free
>market that produced things. Which Russia still doesn't seem to have.
>
>Michael
>

check out Hausner, Jessop and Nielsen (eds.) 1995, Strategic Choice and Path Dependency in Post Socialism in the Transformation Process, Aldershot (UK) and Brookfiled (US): Edward Elgar. These authors essentially argue that i was not 'shock therapy' but institutional culture.

Poland started implementing elements of market economy (mostly trading between firms) in 1956, and so did Hungary. 1989 was not really a "transition" but stating the obvious - that central planning had substantially eroded and was repleced by semi-market mechanisms.

Russia was different, because no such attempts to introduce "market elements" were made and because of the sheer diversity of x-USSR versus Eastern European countries.

see also Bernard Chavance, 1994, The Transformation of the Communist System, Economic Reforms Since the 1950s, Boulder: Westview Press.

wojtek



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