Péter Ákos Bod

Institutions of Economic Policy

A Comparative Analysis

Semi-openness and quasi-markets: reforming the regime

The above description may look like a bit of a caricature, but it is not that at all – it all fits rather well in Stalin’s five-year-planning. The overproduction of low quality products, and the shortages of food and basic amenities were the unintended consequences of the regime. Famine killed millions (!) of people in Ukraine. The worst features, though, were not due to planning as such. Rather, they were due to the lack of planning. Harsh, and even cruel, decisions were taken out of voluntarism, and were due to the culture of deception, the neglect for human rights, and the subordination of the individual to the consideration of high politics.

Tartalomjegyzék

Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2020

ISBN: 978 963 059 970 2

Gazdaság

The reader is introduced to the purpose, structure, and organizational features of the most important institutions of market economy, such as the Treasury (Ministry of Finance), central (national) bank, bodies responsible for structural changes, supervision of competition, and regulators of strategic industries. The focus of the book is on open trade dependent states, with particular emphasis new member states of the European Union where the institutional order has been shaped by legacies of previous era as well as by policy transfer and policy advice through membership in EU, OECD, IMF and other international institutions. The bulk of the book deals with the comprehensive analysis of institutions of fiscal, monetary, competition, social, spatial policies, and with the emerging trends of new practices.

Hivatkozás: https://mersz.hu/bod-institutions-of-economic-policy//

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