Roadblocks to the Socialist Modernization Path and Transition Evidence from East Germany and Poland

This open access book examines how different economic systems impacted the development of East Germany and Poland. Through comparing these countries while they were centrally planned socialist economies with the periods when they transitioned to capitalism, the inability of socialist economies to mo...

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Other Authors: Günther, Jutta (Editor), Jajeśniak-Quast, Dagmara (Editor), Ludwig, Udo (Editor), Wagener, Hans-Jürgen (Editor)
Format: Electronic Book Chapter
Language:English
Published: Cham Springer Nature 2024
Series:Studies in Economic Transition
Subjects:
Online Access:OAPEN Library: download the publication
OAPEN Library: description of the publication
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520 |a This open access book examines how different economic systems impacted the development of East Germany and Poland. Through comparing these countries while they were centrally planned socialist economies with the periods when they transitioned to capitalism, the inability of socialist economies to modernize effectively and produce sustained economic growth is highlighted. Particular attention is given the role of technological progress in economic growth, peculiar institutions, the creation and transfer of knowledge, and post-socialist transformations. The book presents a detailed analysis of the barriers to modernization and growth implied by Soviet-type state socialism and the differences and similarities between the transition of East Germany and Poland to capitalist market economies. It will be relevant to students and researchers interested in comparative systems and the political economy. 
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653 |a Post-socialist transformations 
653 |a Socialist elites 
653 |a Transfer of knowledge 
653 |a Entrepreneurial talent 
653 |a Radical institutional change 
653 |a Economic modernization 
653 |a Structural change and innovation 
653 |a Technological progress 
653 |a Macroeconomic transformation 
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856 4 0 |a www.oapen.org  |u https://library.oapen.org/handle/20.500.12657/76736  |7 0  |z OAPEN Library: description of the publication