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Transition and Economics: Politics, Markets, and Firms
Gérard Roland, 2000,
Comparative Institutional Analysis Series,
Cambridge, MA: The MIT Press.
Contents
Acknowledgments xiii
Introduction: Transition and Economics xvii
1 Understanding Transition 1
2 The Politics of Reforms under Uncertainty 25
3 Political Constraints without Uncertainty 67
4 The Political Economy of Mass Privatization 85
5 The Optimal Speed of Sectoral Reallocation 109
6 Speed and Methods of Price Liberalization 131
7 Liberalization and the Output Fall 153
8 Government Collapse and Economic Performance 171
9 Solving the Incentive Problems Inherited from Socialism 197
10 Comparing Policies of Privatization and Restructuring 229
11 Incentives within Government Bureaucracy 265
12 The Soft Budget Constraint and Financial Transition 287
13 Synthesizing Lessons from Transition 327
References 347
Author Index 375
Subject Index 379
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