Social costs of transformation to a market economy in post-socialist countries : the case of Poland, the Czech Republic, and Hungary / Jan Adam.

New York : St. Martin's Press, ©1999.

1 online resource. (xiv, 212 pages)

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The transformation provisions have brought about a replacement of the planning system by a capitalist system. This change engendered many positive results, but at high social costs. Some of the costs, as a dramatic decline in output and decline in the standard of living have been transitory, but some as unemployment, widening of income inequalities, weakening of social programmes and expansion of poverty are a permanent feature of the new system. The focus of this book is on social costs of transformation. It examines the active employment policy and its effect. Great attention is devoted to the reforms of pension and health care system. It analyses the reasons for the expansion of poverty and the chances of reducing it. The book also discusses the performance of the economies of the subject countries and gives a critical evaluation of privatisation, primarily of the Czech voucher privatisation.

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Print version: Adam, Jan, 1920- Social costs of transformation to a market economy in post-socialist countries. New York : St. Martin's Press, ©1999

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English

April 19, 2018

Includes bibliographical references and index.

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