The Theory of International Trade with an International Cartel or a Centrally Planned Economy

1976 ◽  
Vol 42 (3) ◽  
pp. 364 ◽  
Author(s):  
Raveendra N. Batra
Keyword(s):  
International Trade ◽  
Planned Economy ◽  
Centrally Planned Economy ◽  
International Cartel

Transitional Property Rights and Local Developmental History in China

Urban Studies ◽  
2011 ◽  
Vol 48 (3) ◽  
pp. 553-568 ◽  
Author(s):  
Daniel Abramson
Keyword(s):  
Property Rights ◽  
Urban Space ◽  
Global Economy ◽  
Development Process ◽  
Developmental History ◽  
Planned Economy ◽  
Official Discourse ◽  
Societal Development ◽  
Weak Property ◽  
Centrally Planned Economy

Among the societies that are moving from a centrally planned economy with weak property rights towards a market-oriented economy with stronger and more privatised property rights, China is undergoing an especially rapid and extensive urbanisation that obscures the diversity and relevance of local pre-Reform property arrangements. Official discourse emphasises the formalisation, clarification and, to some extent, the privatisation of property rights in the name of overall societal development and gradual integration with the global economy. In local informal, popular practice and discourse, however, the invocation of property rights reflects the continuing political relevance of both revolutionary and traditional notions of rights to urban space that challenge a unitary, linear view of the development process.

scholarly journals Accountancy in Poland in the period of centrally planned economy – oral history

2018 ◽  
Vol 2018 (97 (153)) ◽  
pp. 161-178
Author(s):  
Anna Karmańska
Keyword(s):  
Oral History ◽  
Market Economy ◽  
Research Method ◽  
Status Quo ◽  
Planned Economy ◽  
Accounting Practice ◽  
Basic Reason ◽  
Centrally Planned Economy ◽  
The Status ◽  
History Of

This article presents an account of an interview with Zdzisław Fedak, PhD, who participated in the work on the systemic solutions in accounting in the People’s Republic of Poland (PRL), and currently is an animator of improvements in Polish accounting practice in the conditions of market economy. The basic reason for this publication is the need to fill the gap in the picture of the determinants and characteristics of accountancy in Poland in the period of non-market economy, taking advantage of the expertise and experience of people knowing the status quo in this area. This text is part of the trend to document the history of accountancy by means of a research method known as oral history.

scholarly journals Backwardness of Central and Eastern Europe as a Heritage of the Soviet Period

2020 ◽  
Vol 43 (338) ◽  
pp. 61-66
Author(s):  
Sandris Ancans
Keyword(s):  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Communist Regime ◽  
European Region ◽  
Eastern European ◽  
Planned Economy ◽  
Command Economy ◽  
Centrally Planned Economy ◽  
Communist Countries ◽  
The Eu

AbstractThe economy of Latvia lags behind economically developed nations approximately fourfold in terms of labour productivity in the tradable sector, which is the key constituent of a modern economy, thereby affecting future sustainable development in the entire country, including the rural areas. The economic backwardness is characteristic of the entire Central and Eastern Europe. This is the heritage of a communist regime that lasted for about half a century and the economic system termed a (centrally) planned economy or a command economy. However, such a term for the communist-period economy is not correct, as it does not represent the purpose it was created for. Accordingly, the paper aims to assess the effect of the communism period on the economic backwardness of the Central and Eastern European region of the EU. A planned economy that existed in all communist countries, with the exception of Yugoslavia, was not introduced to contribute to prosperity. It was intended for confrontation or even warfare by the communist countries under the guidance of the USSR against other countries where no communism regime existed, mostly Western world nations with their market economies. For this reason, it is not correct to term it a (centrally) planned economy or a command economy; the right term is a mobilised (war) economy. An extrapolation of a geometric progression for GDP revealed that during the half a century, Latvia as part of the USSR was forced to spend on confrontation with the West not less than EUR 17 bln. (2011 prices) or approximately one gross domestic product of 2011. The research aim of the paper is to assess the effect of the communism period on the economic backwardness of the Central and Eastern European region of the EU.

Information and the Market Economy

2016 ◽  
Author(s):  
David Sarokin ◽  
Jay Schulkin
Keyword(s):  
Soviet Union ◽  
Market Economy ◽  
Invisible Hand ◽  
Planned Economy ◽  
Large Measure ◽  
Subprime Mortgage ◽  
Market Signals ◽  
The Soviet Union ◽  
Mortgage Crisis ◽  
Centrally Planned Economy

The Soviet Union tried to manage the information needed to run a centrally-planned economy. Their efforts failed in large measure due to information shortcomings. Capitalism is a much better information processor, relying on the ‘invisible hand” to recognize and respond to market signals. But capitalism can have information failures too, as evidenced by Enron, the subprime mortgage crisis, and the work of information economists.

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