The Neoliberal Revolution in Eastern Europe: Economic Ideas by Paul Dragos Aligica, Anthony John Evans

By Paul Dragos Aligica, Anthony John Evans

Only a few reviews have ventured to discover the shift in fiscal principles that have been this kind of severe consider shaping and realizing the East eu transition technique. Paul Dragos Aligica and Anthony J. Evans have seized upon the capability that this significant case has to light up the bigger phenomenon of diffusion and adoption of financial principles. diverse yet similar examine agendas are built: the examine of the unfold of 'neoliberalism' as visible from the point of view of jap eu post-communist evolutions and the research of jap ecu transition as noticeable from an ideas-centered standpoint. Combining a particular synthesis of the present facts concerning the unfold of neoliberal fiscal principles in primary and japanese Europe with an research of the strategies at paintings, the authors problem a sequence of misunderstandings and myths concerning the unfold of neoliberal monetary principles. The disputed themes contain: the parable of an japanese eu rush to include the theories and concepts which may be thought of the mark of 'market fundamentalism'; the inspiration harsh 'neoliberal dogmatism' used to be one way or the other imposed at the quarter from outdoor; the concept that the standardization and regimentation of financial considering used to be as a result of the the unfold of the Western means of doing economics; and the idea that the japanese Europeans passively embraced this uniformity and standardization as a result of strain from the Westerners. This strange synthesis will entice students in economics, political technology, communist/post-communist stories and new institutionalism, in addition to policymakers.

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Extra resources for The Neoliberal Revolution in Eastern Europe: Economic Ideas in the Transition from Communism (New Thinking in Political Economy)

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2. Western economic ideas and the fragile hegemony of Marxism: the pre-1989 setting Despite the fact that officially most East European economists were supposed to share the standard interpretation of Marxism, in reality, the dominance of the Marxist paradigm was not uniform. There were large variations from country to country in both the degree of commitment to the official interpretation and the willingness to elaborate or bypass Marxist doctrine. The comparative overview of the countries of the region offered by the comprehensive national reports on the state of economics in Eastern Europe published by Kaase et al.

In the Bulgarian case, these contradictions were more down to earth than in the Romanian one: the contradiction between ‘the owner and manager’, the ‘extensive growth against intensive growth’, the tension between workers’ and directors’ incentives, etc. Analyzing this phenomenon, Dimitrov concludes that ‘actually it was more about pseudo changes pseudo-scientifically argued that about searching for solutions’ (Dimitrov, 2002). The ‘economic contradictions’ played a pivotal part in the Romanian Marxists’ worldview as the contradictions were seen as the ‘motive power of all social and socio-economic development’.

That process of transformation is extremely complex and the magnitude of change and the difficulties it encountered are hard to overstate.

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