Lessons Learned After Several Years in Central and Eastern Europe

1996 ◽  
Vol 7 (2) ◽  
pp. 5-15 ◽  
Author(s):  
Daniel Fogel
Author(s):  
Marcin Piatkowski

The book is about one of the biggest economic success stories that one has hardly ever heard about. It is about a perennially backward, poor, and peripheral country, which over the last twenty-five years has unexpectedly become Europe’s and a global growth champion and joined the ranks of high-income countries during the life of just one generation. It is about the lessons learned from its remarkable experience for other countries in the world, the conditions that keep countries poor, and challenges that countries need face to grow and become high-income. It is also about a new growth model that this country—Poland—and its peers in Central and Eastern Europe and elsewhere need to adopt to continue to grow and catch up with the West for the first time ever. The book emphasizes the importance of the fundamental sources of growth—institutions, culture, ideas, and leaders—in economic development. It argues that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, was the key to Poland’s success. It asserts that a newly emerged inclusive society will support further convergence of Poland and Central and Eastern Europe with the West and help sustain the region’s Golden Age, but moving to the core of the European economy will require further reforms and changes in Poland’s developmental DNA.


2003 ◽  
Vol 36 (2) ◽  
pp. 417-437 ◽  
Author(s):  
Barbara J. Falk

This article examines the lessons "learned" and the legacies inherent in the downfall of authoritarian communism in central and eastern Europe in view of post-communism's first decade. It is argued that the events of 1989-1991 were revolutionary in dramatically and unexpectedly establishing new regimes and ushering in simultaneous and multilateral (political, economic, social, national) change. Furthermore, 1989-1991 represents a rejection of "grand narrative" large-scale social experimentation in political arrangements in favour of hybridism and incrementalism. Ten key maxims are introduced as a means of analyzing this historical rupture and understanding the variety of experiences across the region.


Author(s):  
Olga Nicoara ◽  
Peter Boettke

Following the collapse of communism in central and eastern Europe (1989) and the Soviet Union (1991), the field of comparative political economy has undergone multiple stocktakings and revisions. In the former communist countries, Marxist economics was abandoned in favor of neoclassical economics, which dominated the profession in the West. But was neoclassical theory equipped to suggest adequate institutional arrangements in support of the transformations to capitalism in the former centrally planned economies of central and eastern Europe (C and EE) and the former Soviet Union (FSU)? What have economists working in the field of comparative political economy learned from the collapse of communism and the experience of transition so far? This chapter surveys the thoughts of leading transition scholars and assesses the new lessons learned in comparative transitional political economy.


Author(s):  
Tomila V. Lankina ◽  
Anneke Hudalla ◽  
Hellmut Wollmann

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