Transformative Politics: Social Costs and Social Peace in East Central Europe
Transformative Politics: Social Costs and Social Peace in East Central Europe

Summary/Abstract: The various approaches to the political dilemmas of economic transformation in East-Central Europe are based on three uncontested assumptions and one highly debated question. The three uncontested assumptions are: (1) marketization will lower transaction costs in these economies, (2) privatization will lower production costs and increase the performance of these economies, (3) marketization and privatization will have high transitional social costs. The contested question is whether these societies will accept these costs-simultaneously a question of the assumed level of tolerance of these societies and the capacities of the newly installed democratic regimes to solve social conflicts related to the economic transformation. [...]

• Details
• Contents