A Study Of The Market Reforms In Post-Communist Eastern Europe With A Specific Case Study Of Poland


A Study Of The Market Reforms In Post-Communist Eastern Europe With A Specific
Introduction
Poland, as well as it's fellow post-communist countries, face an arduous
task in re-inventing their economies to match the dominant Western style
currently dominating the world. The difficulties lie in the areas of ideology,
structural needs (massive changes required), world recession(current) and debt
load.

Communist Economics
Why did the economics of the communist bloc fail so miserably? Why has
every single socialist, fascist, communist and other non-democratic country had
to implement economic change in order to survive? This is due to some inherent
problems in the command economy ...

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skill were
demanded (command economies have neither), Flexible production to meet a variety
of needs (command economies have large factories to keep production high - they,
thus, did not have the funds or ability to affect the necessary changes to their
means of production), the "information age" meant that the communist bloc had to
deny the new prevalent types of technology, which would spread Western ideas,
and thus they fell behind), and "software" became essential to the growth of
industry (the "hardware" focus of the East could not absorb this new approach.
As well, the changes are being attempted in a deep period of economic
crisis that make an already difficult process even more difficult.

Changing the Economy
Systematic transformation requires institutional innovations, the
internal liberalization of the economy, the external liberalization and the
adjustment of the real economy as well as the monetary system.
Not only does there need to be a different institutional ...

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in 1918. Again partitioned by Germany and the
USSR at the beginning of World War II, it was reestablished as a Soviet
satellite state in 1945, and remained a Communist-dominated "people's republic"
until 1989.
Mikhail Gorbachev's appointment as Kremlin leader in March 1985 was the
signal that the Polish opposition had been waiting for. Exploiting the new
liberalization in the region, Lech Walesa and Solidarity, Pope John Paul II and
the church hierarchy, and ordinary citizens stung by the deepening economic
recession combined to force the Communists to sit down at roundtable talks in
1989. They secured far-reaching political concessions and exploited the
resulting opportunities ...

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"A Study Of The Market Reforms In Post-Communist Eastern Europe With A Specific Case Study Of Poland." Essayworld.com. January 6, 2005. Accessed May 21, 2018. http://www.essayworld.com/essays/Study-Market-Reforms-Post-Communist-Eastern/20124.
"A Study Of The Market Reforms In Post-Communist Eastern Europe With A Specific Case Study Of Poland." Essayworld.com. January 6, 2005. Accessed May 21, 2018. http://www.essayworld.com/essays/Study-Market-Reforms-Post-Communist-Eastern/20124.
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PAPER DETAILS
Added: 1/6/2005 01:12:03 AM
Category: Economics
Type: Premium Paper
Words: 3467
Pages: 13

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