The political economy of “big bang”: free market vs. new Keynesian perspective
In the transition of Eastern Europe to democracy and capitalism a debate ensued between those who believed in establishing a market economy and those who preferred that post-communist countries move along some “third road”. However, within the camp of those who preferred capitalism, made up of both...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10629 |
| _version_ | 1828042407215628288 |
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| author | J. WINIECKI |
| author_facet | J. WINIECKI |
| author_sort | J. WINIECKI |
| collection | DOAJ |
| description | In the transition of Eastern Europe to democracy and capitalism a debate ensued between those who believed in establishing a market economy and those who preferred that post-communist countries move along some “third road”. However, within the camp of those who preferred capitalism, made up of both free marketeers and new Keynesians, there were substantial differences. The work highlights the impact of these differences on respective assessments of the political economy of transition.
JEL: P20, P26
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| first_indexed | 2024-04-10T17:29:53Z |
| format | Article |
| id | doaj.art-0d14fc3aac94458ebbfd790cdc09f4a8 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:29:53Z |
| publishDate | 2013-10-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-0d14fc3aac94458ebbfd790cdc09f4a82023-02-03T16:46:45ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-014618710.13133/2037-3643/10629The political economy of “big bang”: free market vs. new Keynesian perspectiveJ. WINIECKIIn the transition of Eastern Europe to democracy and capitalism a debate ensued between those who believed in establishing a market economy and those who preferred that post-communist countries move along some “third road”. However, within the camp of those who preferred capitalism, made up of both free marketeers and new Keynesians, there were substantial differences. The work highlights the impact of these differences on respective assessments of the political economy of transition. JEL: P20, P26 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10629Eastern Europetransition |
| spellingShingle | J. WINIECKI The political economy of “big bang”: free market vs. new Keynesian perspective PSL Quarterly Review Eastern Europe transition |
| title | The political economy of “big bang”: free market vs. new Keynesian perspective |
| title_full | The political economy of “big bang”: free market vs. new Keynesian perspective |
| title_fullStr | The political economy of “big bang”: free market vs. new Keynesian perspective |
| title_full_unstemmed | The political economy of “big bang”: free market vs. new Keynesian perspective |
| title_short | The political economy of “big bang”: free market vs. new Keynesian perspective |
| title_sort | political economy of big bang free market vs new keynesian perspective |
| topic | Eastern Europe transition |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10629 |
| work_keys_str_mv | AT jwiniecki thepoliticaleconomyofbigbangfreemarketvsnewkeynesianperspective AT jwiniecki politicaleconomyofbigbangfreemarketvsnewkeynesianperspective |