Screen LibraryMeasuring national income in the centrally planned economies : why the West underestimated the transition to capitalism /
"In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world marke...
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| Main Authors: | |
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| Published: |
Routledge, Taylor & Francis Group,
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| Publisher Address: | Abingdon, Oxon ; New York, NY : |
| Publication Dates: | 2015. |
| Literature type: | Book |
| Language: | English |
| Series: |
Routledge studies in the modern world economy ; 136. |
| Subjects: | |
| Summary: |
"In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world market in history. And yet, according to national income measurements of the CIA, OECD, World Bank and IMF, this gigantic expansion of market production, led to a decline in market production in the very countries where it was introduced. How to explain this paradox?This book traces the origin of the West's national income measurements, from their origin in the 1923/4 Balance developed in the USSR, to the USA in the early 1930s via two Soviet exiles, Simon Kuznets and Wassily Leontief, and then back to the USSR again, after a vigorous debate, through a protege of Kuznets ... |
| Carrier Form: | xxiv, 158 pages ; 24 cm. |
| Bibliography: | Includes bibliographical references (page 153) and index. |
| ISBN: |
9781138818323 (hardback) : 1138818321 (hardback) |
| Index Number: | HC244 |
| CLC: | F112.2 |
| Call Number: | F112.2/J452 |