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Das Sequenzing-Problem der Systemtransformation in Mittel- und Osteuropa

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Svindland, E. Das Sequenzing-Problem der Systemtransformation in Mittel- und Osteuropa. Credit and Capital Markets – Kredit und Kapital, 25(1), 65-93. https://doi.org/10.3790/ccm.25.1.65
Svindland, Eirik "Das Sequenzing-Problem der Systemtransformation in Mittel- und Osteuropa" Credit and Capital Markets – Kredit und Kapital 25.1, 1992, 65-93. https://doi.org/10.3790/ccm.25.1.65
Svindland, Eirik (1992): Das Sequenzing-Problem der Systemtransformation in Mittel- und Osteuropa, in: Credit and Capital Markets – Kredit und Kapital, vol. 25, iss. 1, 65-93, [online] https://doi.org/10.3790/ccm.25.1.65
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Das Sequenzing-Problem der Systemtransformation in Mittel- und Osteuropa

Svindland, Eirik

Credit and Capital Markets – Kredit und Kapital, Vol. 25 (1992), Iss. 1 : pp. 65–93

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Article Details

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Duncker & Humblot
DOI
https://doi.org/10.3790/ccm.25.1.65
Language
Multiple languages
Pages
29

Author Details

Eirik Svindland, Berlin

References

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  29. Winiecki, J., 1990a, Obstacles to Economic Reform of Socialism, The Annals of the American Academy of Political and Social Science, Bd. 507, S. 65 - 71.  Google Scholar
  30. Winiecki, J., 1990b, Post-Soviet-Type Economies in Transition: What Have We Learned from the Polish Transition Programme in Its First Year?, Weltwirtschaftliches Archiv, Bd. 126, S. 765 - 790.  Google Scholar
  31. Andersson, K., 1990, Taxation and the Cost of Capital in Hungary and Poland: A Comparison With Selected European Countries, IMF Working Paper/90/123, December 1990.  Google Scholar
  32. Bernholz, P., 1990, Probleme der Währungs- und Budgetpolitik beim Übergang von der zentralgeplanten zur marktwirtschaftlichen Ordnung, Kredit und Kapital 23, Heft 3, S. 295 – 317.  Google Scholar
  33. Brainard, L. J., Strategies for Economic Transformation in Eastern Europe: The Role of Financial Market Reform, Paper presented at the OECD Seminar on „Economic Transformation in Planned Economies“, Paris, Juni 1990.  Google Scholar
  34. Calvo, G. A. und J. A. Frenkel, 1991, From Centrally-Planned to Market Economies: The Road from CPE to PCPE, IMF Working Paper/91/17, Februar 1991.  Google Scholar
  35. Hayek, F. A. von, 1981, Recht, Gesetzgebung und Freiheit, Bd. 1-3, Landsberg am Lech.  Google Scholar
  36. Herrmann-Pillath, C., 1991, Systemtransformation als ökonomisches Problem, Außenpolitik, 42. Jhrg., Nr. 2, S. 171 – 181.  Google Scholar
  37. IMF, IBRD, OECD und EBRD, 1990, The Economy of the USSR, Summary and Recommendations, Washington, 21 Dezember 1991.  Google Scholar
  38. Kingston-Mann, E., 1991, Scapegoating the Majority: Perestroika Goes Sour, Challenge, Januar-Februar 1991.  Google Scholar
  39. Koop, M. J. und H. Schmieding, 1991, Privatisierung in Mittel- und Osteuropa. Konzepte für den Hindernislauf zur Marktwirtschaft, Institut für Weltwirtschaft, Kieler Diskussionsbeiträge, 165, Februar 1991.  Google Scholar
  40. Kornai, J., 1986, The Soft Budget Constraint, Kyklos, Bd. 39, Nr. 1.  Google Scholar
  41. Kornai, J., 1990, The Road to a Free Economy. Shifting from a Socialist System. The Example of Hungary. New York.  Google Scholar
  42. Landes, D. S., 1990, Why Are We So Rich and They So Poor?, American Economic Review, Bd. 80, Nr. 2.  Google Scholar
  43. Lange, O., 1936/37, On the Economic Theory of Socialism, Review of Economic Studies, Nr. 4, S.53 – 71 und 123 – 142.  Google Scholar
  44. Lipton, D. und J. Sachs, 1990a, Creating a Market Economy in Eastern Europe: The Case of Poland, Brookings Papers on Economic Activity, No. 1/1990, S. 75 – 147 (einschl. Kommentare und Diskussion).  Google Scholar
  45. Lipton, D. und J. Sachs, 1990b, Privatization in Eastern Europe: The Case of Poland, Brookings Papers on Economic Activity, No. 2/1990, S. 293 – 341 (einschl. Kommentar und Diskussion).  Google Scholar
  46. Lösch, D., 1990, Systemic Change in the Central and Eastern Europe: What can be learnt from the German Experience, Paper presented at the Joint Canada Germany Symposium on „Developments in Eastern Europe, Savings and Investments and Spillovers to North America and the LCDs“, University of Toronto, November 1990.  Google Scholar
  47. Nunnenkamp, P. und H. Schmieding, 1991, Zur Konsistenz und Glaubwürdigkeit von Wirtschaftsreformen: Einige Erfahrungen und Lehren für die Systemtransformation in Mittel- und Osteuropa, Institut für Weltwirtschaft, Kieler Diskussionsbeiträge, 166, März 1991.  Google Scholar
  48. Reform in Eastern Europe: The Third World Dimension, Chr. Stevens (Hrsg.), London: ODI, 1991.  Google Scholar
  49. Schrettl, W., 1990, Transition in Depression – Soviet Monetary Issues, Osteuropa-Institut München, Working Papers, 140, Oktober 1990.  Google Scholar
  50. Schrettl, W., 1991, Towards a Policy of Directional Shock: Against Hypercorruption and other Barriers to Transition from a Planned to a Market Economy, Osteuropa-Institut München, Working Papers, 143, März 1991.  Google Scholar
  51. State Banking Supervision & Banks in Hungary 1989, Budapest, Finanzministerium.  Google Scholar
  52. Sundararajan, V., Financial Sector Reform and Central Banking in Centrally Planned Economies, IMF Working Paper/90/120, Dezember 1990.  Google Scholar
  53. Svindland, E., 1990, Möglichkeiten einer breiten Streuung des volkseigenen Vermögens in der DDR im Zusammenhang mit seiner Privatisierung, Deutsches Institut für Wirtschaftsforschung, Berlin, mimeo.  Google Scholar
  54. Szomburg, J., 1991, The Socio-Political Barriers of Privatization in Poland, Paper prepared for the Project Liberty workshop on „Social and Political Consequences of Decentralization and Privatization“, Gdansk, April 1991.  Google Scholar
  55. Tanzi, V., 1991, Tax Reform in Economies in Transition: A Brief Introduction to the Main Issues, IMF Working Paper/91/23, März 1991.  Google Scholar
  56. Thieme, H. J., 1991, Reformen des monetären Sektors in sozialistischen Ländern; Ursachen, Transformationsbedingungen und institutionelle Voraussetzungen, Kredit und Kapital, Bd. 24, Heft 1, S. 15 – 35.  Google Scholar
  57. Valentinyi, A., 1990, Monetäre Reform in der Planwirtschaft – Das ungarische Experiment, Universität Frankfurt, Geld und Währung: Working Papers Nr. 17, August 1990.  Google Scholar
  58. Wingender, P. A., 1989, Westdevisen und Devisenschwarzmärkte in sozialistischen Planwirtschaften, Stuttgart.  Google Scholar
  59. Winiecki, J., 1990a, Obstacles to Economic Reform of Socialism, The Annals of the American Academy of Political and Social Science, Bd. 507, S. 65 – 71.  Google Scholar
  60. Winiecki, J., 1990b, Post-Soviet-Type Economies in Transition: What Have We Learned from the Polish Transition Programme in Its First Year?, Weltwirtschaftliches Archiv, Bd. 126, S. 765 – 790.  Google Scholar

Abstract

The Problem of Sequencing the System Transformation in Central and Eastern Europe

Why is it that economic transformation in the former socialist countries in Central and Eastern Europe deviates so crucially from the perceptions of a relatively simple transformation process which we still had two years ago? Have problems been underestimated, or have governments been wrongly advised? This contribution discusses six of the especially important domestic economic problem areas, namely: (1) The existing laws are fundamentally different from the legal systems that form the basis of individualistically oriented market economy systems. (2) The responsibility for social services and the social system must be shifted from overmanned unproductive jobs to new public authorities and insurance companies. (3) The often overdimensioned industrial and commercial organizations must be restructured in an economically meaningful way so as to allow investment decisions to be reached in future by enterprises that act independently and do – as far as this is possible – not exercise monopoly power. (4) The responsibilities of the public sector must be redefined; it must be reorganized and provided with the revenues it needs for discharging its tasks without printing money. (5) The credit sector institutions (central bank, banks, capital market) must be developed under conditions that are extremely unfavourable; the business start-up debts represent high risks, whilst existing companies, which accumulated large amounts of debts in the past (with “soft” budget restrictions), must learn in a situation of economic depression to make ends meet with limited financial resources (with “tough” budget restrictions). (6) Inflation must be stopped precisely in a period of a purchasing power overhang inherited from the times of central economic planning. A description of these problems shows that interdependencies exist between problem solutions which are studied against the background of the following question: What must the sequencing of the system reform steps and political actions be that it conforms to the logic of economic interconnections and defuses conflicting interests? One obvious approch would be to begin at the open and of a network of interdependent problems. A study of the logic of this approach shows that corporate.

Table of Contents

Section Title Page Action Price
Eirik Svindland: Das Sequenzing-Problem der Systemtransformation\rin Mittel- und Osteuropa 65
I. Das Problem 65
II. Geschäftsbedingungen 67
III. Transitorische Arbeitsmarktkonflikte 70
IV. Demonopolisierung und Privatisierung 72
V. Staatsbudget und Inflation 75
VI. Kreditbeschränkungen 78
VII. Währungsreform und Kreditwesen 81
VIII. Interdependenzen 83
IX. Lösung des Sequenzing-Problems 85
Literatur 89
Zusammenfassung: Das Sequenzing-Problem der Systemtransformation in Mittel- und Osteuropa 90
Summary: The Problem of Sequencing the System Transformation in Central and Eastern Europe 91
Résumé: Le problème séquentiel de la transformation des systèmes en Europe centrale et en Europe de l'Est 92

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