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Industrial Policy in Eastern Europe J.M. Van Brabant

Industrial Policy in Eastern Europe By J.M. Van Brabant

Industrial Policy in Eastern Europe by J.M. Van Brabant


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Summary

Changing rules on the utilization of existing assets is evidently at the core of what the transi tion towards market-based economic systems should be all about Very often, however, this requires establishing new economic activities from domestic and foreign savings.

Industrial Policy in Eastern Europe Summary

Industrial Policy in Eastern Europe: Governing the Transition by J.M. Van Brabant

This volume in essence continues my recent contributions towards building up a better understanding of the wide range of obstacles besetting the transitions away from administrative planning in the former communist regimes in the eastern part of Europe. It is self-contained, however. As such, it specifically addresses issues revolving around how best to govern economies, and indeed societies more generally, that are undergoing fundamental structural transfor mation, and whether industrial policy can facilitate progressing with the vexing transformations that will have to be enacted over a protracted period of time. Because of the bewildering variety of hindrances that the managers of the transition have been confronted with, many of which were not even contem plated when the programs were first designed, regaining a measure of good governance, including notably good economic governance, is critical in formu lating a positive pOlitical economy of transition. Arguably most critical is steering the processes of destruction and creation-not 'creative destruction' in the Schumpeterian sense. In some cases, this requires reallocating decom missioned resources, both capital and labor, to new activities. Changing rules on the utilization of existing assets is evidently at the core of what the transi tion towards market-based economic systems should be all about Very often, however, this requires establishing new economic activities from domestic and foreign savings.

Table of Contents

Preface. Abbreviations. Introduction. 1. Core Concepts. 2. From Plan to Market. 3. Privatization and Industrial Policy. 4. On Governing Society. 5. On the Role of the State. 6. Industrial Policy and Economic Development. 7. Governing Industrial Policy - Prior Experience. 8. The Desirability of Industrial Policy in PETs. 9. Governance Agencies and the Transition Agenda. 10. Multilateral Governance and Assistance. Conclusions. Bibliography. Index.

Additional information

NPB9780792325383
9780792325383
0792325389
Industrial Policy in Eastern Europe: Governing the Transition by J.M. Van Brabant
New
Hardback
Springer
1993-10-31
360
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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