EAN: 9783031370526

STUDIES IN ECONOMIC TRANSITION ROADBLOCKS TO ...

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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