Systems, Institutions, and Values in East and West: Engaging with János Kornai\'s Scholarship, Hardcover/Dóra Piroska

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• Brand: Central European University Press
• Categoria: Foreign Books
• Magazin: elefant.ro
• Ultima actualizare: 21-12-2024 01:38:29

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In this volume, leading social scientists, empirical analysts, and policy practitioners demonstrate the various ways in which the insights of J nos Kornai, a renowned early analyst and critic of the command economies of Eastern European communist states, are stirring academic and policy discussions about current challenges. While dissecting the economic theories and practices in the Soviet Bloc, Kornai devised and applied concepts such as soft-budget constraints, rush versus harmonic growth, surplus versus shortage economy, non-Walrasian equilibrium, bureaucratic coordination, and the invisible power of the communist party. These concepts are commonly applied to a variety of issues in the contexts of fundamental transformation. The cases discussed in this volume include the transitional paths of postcommunist economies, the pitfalls of East European market-building, economic repercussions of the dissolution of Yugoslavia, and the process of integration in the Eurozone. The volume concludes with J nos Kornai\'s remarks about the value of democracy and other research topics, delivered at the conference celebrating his 90th birthday in February, 2018. About author(s): Dóra Piroska is currently an Associate Professor at the Economic Policy Department at the Corvinus University of Budapest. Miklós Rosta has been working at Corvinus University for 10 years and is now an Associate Professor of Economics and Head of Department at the Department of Comparative Economics of the Corvinus University of Budapest.