Benefits Of Centrally Planned Economy

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  benefits of centrally planned economy: An Economic History of Twentieth-Century Europe Ivan T. Berend, 2006-04-20 A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.
  benefits of centrally planned economy: Comparing Planned and Actual Growth of Industrial Output in Centrally Planned Economies United States. Central Intelligence Agency. Directorate of Intelligence, 1980
  benefits of centrally planned economy: Currency Convertibility and the Transformation of Centrally Planned Economies Mr.Joshua E. Greene, Mr.Peter Isard, 1991-03-15 This paper examines the problems in establishing currency convertibility- and the optimal timing- in formerly planned economies making the transition to market-oriented systems.
  benefits of centrally planned economy: Comparing Planned and Actual Growth of Industrial Output in Centrally Planned Economies National Foreign Assessment Center (U.S.), 1980
  benefits of centrally planned economy: Enterprise Reforms in a Centrally Planned Economy Zhang Xun-Hai, 1992-06-18 Seeks to analyze China's industrial reform in the 1980s by examining the Chinese bicycle industry. It sets the changes since 1978 into historical perspective by giving an account of the development of this industry.
  benefits of centrally planned economy: Central Planning P. Hare, 2013-07-04 Examines the nature and the mode of operation of the centrally planned economy, assessing its strengths and the weaknesses that eventually led to its demise.
  benefits of centrally planned economy: International Trade and Central Planning Alan A. Brown, Egon Neuberger, 2023-11-15 This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1968.
  benefits of centrally planned economy: Foreign Trade in the Centrally Planned Economy T. Wolf, 2013-07-04 Analyses the main institutional and policy determinants of the foreign trade behaviour of a centrally planned economy and studies factors that affect the level and pattern of foreign trade.
  benefits of centrally planned economy: Globalization and the Transformation of Foreign Economic Policy Pawel Bozyk, 2019-01-15 The onslaught of globalization has brought with it sweeping changes to the foreign economic policy of the last 50 years. As the international political economy of nations and regions continues to be drawn and redrawn, this book traces the goals and instruments of foreign economic policy during this period, providing insight into the long-run trends and developing new theoretical generalizations. The book charts the journey from the point when foreign economic policy was solely concerned with foreign trade - pursued to promote the interests of individual countries - to the current globalization of the world economy that creates a uniform market in goods, services and factors of production that embrace all countries and regions.
  benefits of centrally planned economy: The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform International Monetary Fund, 1989-03-31 Market-oriented economic reforms in centrally planned economies have altered the functions and objectives of key policy instruments, particularly in the case of fiscal policy. As a result of reform, economic management requires the use of “indirect” levers to regulate the behavior of increasingly autonomous economic agents. In this respect, fiscal policy becomes central and its macroeconomic role is enhanced. This paper studies the recent Chinese experience, reviewing fiscal developments and analyzing the effectiveness and appropriateness of available fiscal instruments in performing their newly enhanced macroeconomic role.
  benefits of centrally planned economy: Budgetary Subsidies in Centrally Planned Economies in Transition Mr.Robert Holzmann, 1991-01-01 This paper analyzes budgetary subsidy policy issues that arise when centrally planned economies move toward a market economy. The analysis suggests that subsidy reduction, to be successful, has to be embedded into an overall economic reform program and that during the program’s execution, former implicit subsidies are likely to become budgetized. Furthermore, additional pressure on the budget, caused by enterprise restructuring or the introduction of social safety net provisions, necessitates careful policy design. Comprehensive budgetary reform is required to prevent budgetary slippages during the transition process.
  benefits of centrally planned economy: Economic Systems and Comparative Economics II Thomas A. Wolf, 2001 This volume is a comprehensive collection of critical essays on The Taming of the Shrew, and includes extensive discussions of the play's various printed versions and its theatrical productions. Aspinall has included only those essays that offer the most influential and controversial arguments surrounding the play. The issues discussed include gender, authority, female autonomy and unruliness, courtship and marriage, language and speech, and performance and theatricality.
  benefits of centrally planned economy: Economic Management And Transition Towards A Market Economy: An Asian Perspective Anthony Theng Heng Chin, Hock Guan Ng, 1996-10-04 Much attention has been focused in recent years on the transformation of the economies of Eastern and Central Europe and the former Soviet Union. However, a growing demand for policy advice, technical assistance and expertise is also coming from Asian reforming countries such as China, Mongolia, Vietnam, Laos and Cambodia. In addition, business communities abroad are increasingly interested in exploring investment and marketing opportunities in these reforming countries. Such developments are too important to overlook or ignore.The transformation of socialist economies towards market-based systems entails an unusually wide range of problems. Studies of related topics are complicated by the speed of the changes and the lack of clear historical precedents. Although the structural features of Asian reforming economies are in important ways different from those of the Eastern European economies, all socialist economies share similar fundamental conditions on the eve of economic reform which raise a similar set of reform issues.This volume brings together a rich collection of expertise and information in an attempt to shed some light on the transitional process in Asia. The contributions are by no means exhaustive. However, they provide the reader and analyst with an excellent starting point to the problems and prospects which are specific to Asian transforming economies.
  benefits of centrally planned economy: Is the Chinese Economy a Miracle or a Bubble? Lawrence J. Lau, 2024-04-23 An indispensable reference to the development of the Chinese economy—past, present, and future. —DALE W. JORGENSON, Samuel W. Morris University Professor, Harvard University Since China undertook economic reform and opened its economy to the world in the late 1970s, its economy has been growing at an average annual rate of over 9 percent for more than four decades. No other economy in recorded history has grown at such a high rate and for such a long period as China has done. The questions that naturally arise are: Was the Chinese economy a miracle? Or was it a mere bubble? Will the Chinese economy begin to stagnate like the Japanese economy did in the 1990s, and perhaps decline? Will it be able to escape the “middle-income trap”? If it is not a miracle, can the Chinese development experience be replicated elsewhere? This book provides a comprehensive and detailed discussion of the remarkable growth of the Chinese economy over the past decades, by scrutinising the sources of economic growth, and evaluating the strategies adopted by the Chinese government to promote the transition from a centrally-planned economy to a market-based economy by means of the “dual-track” approach. It is argued that, while the Chinese economy is unique and exceptional in many ways, its development experience can be explained and attributed. ------------------------------------------------------------------------------------------------------------------------------- A comprehensive and detailed discussion of the remarkable growth of the Chinese economy at nearly double-digit rates in the four decades since the reforms of Deng Xiaoping in 1978. This volume will be an indispensable reference to the development of the Chinese economy—past, present, and future. —Dale W. Jorgenson Samuel W. Morris University Professor, Harvard University Lawrence Lau’s discussion and economic reasoning with regard to the economic development of China dispels the view that the Chinese economic development since the opening up in the late 1970s was bubble. I found his reasoning fascinating and his arguments that other countries can replicate the Chinese experience to facilitate their own development sound and well-reasoned. This book will be read and discussed by scholars and practitioners interested in a better understanding of the road to economic development. —Myron Scholes Nobel Laureate in Economic Sciences (1997) Professor Emeritus, Stanford University The essays in this book present a rich and informed analysis of China’s long-run economic development. They provide a unique insight into the Chinese economy at a crucial point in the country’s development. The essays have deep analytical weight, reflecting Lawrence Lau’s outstanding contribution to economic thought and policy formation in China. —Peter Nolan Founding Director, Centre of Development Studies, University of Cambridge This is a great and well-researched book. As a distinguished scholar and renowned adviser to Chinese economic policymakers, Professor Lawrence Lau utilizes extensive data and economic models to evaluate the various sources of growth since China’s 1978 reforms from an innovative perspective. The book juxtaposes China’s experience with other East Asian economies, offering unique and deep insights into its distinctive development path. It’s essential reading for politicians, scholars, business leaders, investors, students, and anyone interested in understanding China better. —Junsen Zhang Dean and Distinguished University Professor, School of Economics, Zhejiang University Fellow of the Econometric Society
  benefits of centrally planned economy: The Market Mechanism and Economic Reforms in China William Byrd, 2019-07-04 This theoretical and empirical study of market-oriented reforms in Chinese industry since the late 1970s focuses on the expansion of the market mechanism in the allocation of industrial products and the concurrent decline of directive planning - a strategy that is a crucial component of the ambitious overall reform package that Chinese reformers are trying to implement. The expanding role of Chinese industrial goods has had major implications for the functioning and importance of planning which, the author argues, has become largely irrelevant in terms of direct control over short-term allocation.
  benefits of centrally planned economy: Enterprise and Social Benefits After Communism Martin Rein, Barry L. Friedman, Andreas Wörgötter, 1997-07-17 This 1997 book examines the evolution of firm-initiated social benefits in Central, East European Countries and the former Soviet Union.
  benefits of centrally planned economy: The Foundations of the Chinese Planned Economy Christopher Howe, Kenneth R. Walker, 2016-01-19 A collection of documents concerning the foundations of the Chinese planned economy covering strategy and planning, industrial development and organization, agricultural development and population, and labour and urbanization.
  benefits of centrally planned economy: Personnel Economics in Practice Edward P. Lazear, Michael Gibbs, 2014-11-03 Personnel Economics in Practice, 3rd Edition by Edward Lazear and Michael Gibbs gives readers a rigorous framework for understanding organizational design and the management of employees. Economics has proven to be a powerful approach in the changing study of organizations and human resources by adding rigor and structure and clarifying many important issues. Not only will readers learn and apply ideas from microeconomics, they will also learn principles that will be valuable in their future careers.
  benefits of centrally planned economy: Introductory Macroeconomics Dona Ghosh , Chandril Bhattacharyya , 2023-11-30
  benefits of centrally planned economy: Essays on the Structure and Reform of Centrally Planned Economic Systems Paul Jonas, 1990
  benefits of centrally planned economy: Trading and Exchanges Larry Harris, 2003 Focusing on market microstructure, Harris (chief economist, U.S. Securities and Exchange Commission) introduces the practices and regulations governing stock trading markets. Writing to be understandable to the lay reader, he examines the structure of trading, puts forward an economic theory of trading, discusses speculative trading strategies, explores liquidity and volatility, and considers the evaluation of trader performance. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
  benefits of centrally planned economy: East-Central European Economies in Transition , 1994 Distributed to some depository libraries in microfiche.
  benefits of centrally planned economy: East-Central European Economies in Transition John P. Hardt, Richard F. Kaufman, 2016-09-16 This volume makes JEC-commissioned expert studies of economic developments in East-Central Europe available to business people, educators and students. Coverage includes economic, political and social reform issues, regional relations, and the impact of Western assistance programmes.
  benefits of centrally planned economy: Mental Health Systems Compared R. Paul Olson, 2006 The primary objective of this book is to provide comprehensive descriptions and make comparative evaluations of each of the mental health systems of four Western, industrialized countries. The countries selected illustrate a continuum from a highly centralized and publicly financed, national health service in Great Britain to a predominantly decentralized and more privately financed market of mental health services in the United States. In between these two contrasting types are examples of national health services and insurance programs in Norway and Canada. Contributing experts from each country begin their chapters with an overview of the geographic, demographic, political, economic, and cultural contexts in which their mental health systems are situated. Thereafter, they (a) present national data to estimate the need for mental health services, (b) describe national mental health policies and programs designed to meet their population's need, (c) indicate how mental health services are organized and delivered, and (d) discuss how their system is financed and provided resources. A common chapter outline facilitates comparisons among all four systems on relevant evaluation criteria: (a) access and equity, (b) quality and efficacy, (c) cost and efficiency, (d) financing and fairness, (e) protection and participation, and (f) population relevance. In the final section of each chapter, the authors provide recommendations for improved performance of their mental health system. In the initial chapter, the editor provides an overview, introduces the four countries selected, and defines the evaluation criteria applied by all contributing authors. The final two chapters address convergence and divergence among the four systems and provide recommendations for improvement and for future comparative studies. The intended audience includes mental health policymakers, program administrators and managers; teachers of graduate level courses relat
  benefits of centrally planned economy: Ilc 77 - Record of Proceedings ,
  benefits of centrally planned economy: Transforming Economic Systems: The Case of Poland Manfred Kremer, Marion Weber, 2013-04-17 This book deals with the transformation of the Polish centrally-planned system to a western-type market system. Poland represents the most interesting case to study as it runs an unprecedentedly radical and fast course of reform. The book provides insights in the theoretical foundations of the transformation of an economic system as well as a critical assessment of first experiences in Poland. As the authors develop theoretical approaches as well as study the empirical situation, thebook offers valuable insights both to the reader who is rather theoreticallyinterested and to a pragmatically orientated audience. One of the main features of the book is the broad variety of the subjects chosen for analysis and of the respective approaches taken by the authors who mostly specialize in the fields they worked on for this book.
  benefits of centrally planned economy: Money in International Exchange Ronald I. McKinnon, 1979-06-21 Focusing on monetization of international trade per se, this text analyses common financial practices of merchants and manufacturers, commercial banks, and central banks.
  benefits of centrally planned economy: Economic Development in Chinese Societies Y. C. Jao, Victor Mok, Lok-sang Ho, 1989-01-01
  benefits of centrally planned economy: Black Sea and Central Asia Promoting Work and Well-Being OECD, 2008-06-11 This book analyses the opportunities and conditions of employment throughout the Black Sea region and Central Asia. It examines how different countries deal with social issues affecting well-being.
  benefits of centrally planned economy: Soviet Economy in a Time of Change United States. Congress. Joint Economic Committee, 1979
  benefits of centrally planned economy: Soviet Economy in a Time of Change , 1979
  benefits of centrally planned economy: Democratic Economic Planning Robin Hahnel, 2021-05-31 Democratic Economic Planning presents a concrete proposal for how to organize, carry out, and integrate comprehensive annual economic planning, investment planning, and long-run development planning so as to maximize popular participation, distribute the burdens and benefits of economic activity fairly, achieve environmental sustainability, and use scarce productive resources efficiently. The participatory planning procedures proposed provide workers in self-managed councils and consumers in neighbourhood councils with autonomy over their own activities while ensuring that they use scarce productive resources in socially responsible ways without subjecting them to competitive market forces. Certain mathematical and economic skills are required to fully understand and evaluate the planning procedures discussed and evaluated in technical sections in a number of chapters. These sections are necessary to advance the theory of democratic planning, and should be of primary interest to readers who have those skills. However, the book is written so that the main argument can be followed without fully digesting the more technical sections. Democratic Economic Planning is written for dreamers who are disenamored with the economics of competition and greed want to know how a system of equitable cooperation can be organized; and also for sceptics who demand hard proof that an economy without markets and private enterprise is possible.
  benefits of centrally planned economy: Social Security Bulletin , 1992
  benefits of centrally planned economy: Economic Sanctions Against a Nuclear North Korea Suk Hi Kim, Semoon Chang, 2015-05-12 United States economic sanctions against North Korea began on June 28, 1950, three days after the outbreak of the Korean War. Since then, the United States, its allies, and the United Nations have increasingly imposed economic sanctions against North Korea in an attempt to destabilize and manipulate the North Korean regime. This book first provides a thorough historical overview of U.S. and U.N. sanctions against North Korea since 1950. Then, several essays propose ways to make such sanctions more politically effective while limiting their harmful humanitarian consequences. Finally, the book discusses the impact of the newest, six-nation agreement signed in February 2007 which would shut down North Korea's nuclear facility in return for economic aid and a security guarantee. Several appendices provide brief guides to the history of North Korea and the country's nuclear weapons program.
  benefits of centrally planned economy: Essentials of Economics Glenn Hubbard, Anne Garnett, Phil Lewis, 2012-10-17 Real examples. Real companies. Real business decisions. Covering the core economics principles and providing engaging, relevant examples within just nineteen Chapters, Hubbard Essentials of Economics is the perfect teaching and learning resource for a one semester unit. The authors present economics as a dynamic, relevant discipline for Australasian students. The key questions students of first year economics ask themselves are: `Why am I here?” and “Will I ever use this?’ Hubbard Essentials of Economics answers these questions by demonstrating that real businesses use economics to make real decisions every day. Each chapter of the text opens with a case study featuring a real business or real business situation, refers to the study throughout the Chapter, and concludes with An Inside Look—a news article format which illustrates how a key principle covered in the Chapter relates to real business situations or was used by a real company to make a real business decision.
  benefits of centrally planned economy: 经济学原理 谭亮, 2017-01-01 本书共三个部分,十四个章节。第一部分是导言,共两章,分别是“经济学概要”和“经济学分析框架”,介绍经济学的研究对象以及研究方法。第二部分是微观经济学,共六章,分别是“需求、供给与弹性”“消费者理论”“厂商理论”“完全竞争和垄断”“垄断竞争和寡头”和“博弈论与信息经济学”。第三部分是宏观经济学,共六章,分别是“国民收入”“通货膨胀与失业”“经济增长”“总需求与总供给”“短期经济波动”“中国在世界经济中的位置”和“国际经济学”。本书从全英文经济学教学的实际需求出发,力求用精练的语言阐明基本的理论,简化数学推导,并在每章都附有补充阅读材料,其中大部分是与中国经济有关的案例分析,这样更能体现本书洋为中用的指导思想。本书可作为本科院校经济管理、国际商务和企业管理等相关专业的经济学原理课程教材,也可作为有兴趣学习经济学原理的相关人员的学习用书。
  benefits of centrally planned economy: Growth and Reforms in Centrally Planned Economies George R. Feiwel, 1977
  benefits of centrally planned economy: Newsletter United States. Department of State, 1976
  benefits of centrally planned economy: Agriculture, Rural Development, and Related Agencies, Appropriations for 1992 United States. Congress. House. Committee on Appropriations. Subcommittee on Agriculture, Rural Development, and Related Agencies, 1991
  benefits of centrally planned economy: Handbook of Alternative Theories of Economic Development Erik S. Reinert, Jayati Ghosh, Rainer Kattel, 2016 The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today's mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy. Contributors: M. Alacevich, R. Arocena, J.G. Backhaus, E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L. Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastøl, G. Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J. Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R. Kattel, J.A. Kregel, B.-Å. Lundvall, A.C. Macedo e Silva, J.A. Mathews, L. Mjøset, S. Moyo, R.R. Nelson, G. Omkarnath, E. Özveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A. Reinert, P.R. Rössner, A. Saltelli, M. Shafaeddin, A. Singh, I.G. Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. Ünal, L. Weiss, T. Xu, P. Yeros, X. Zhao
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