Socialism.Capitalism.Transformation

The book entitled Socialism.Capitalism.Transformation, authored by Leszek Balcerowicz summarizes some of twenty years of his research into the connections between economic and political institutions and human behaviour, institutional change, and the way such occurs. It was published in 1995 by the CEU Press.

Balcerowicz summarizes the research on institutions, institutional change, and human behavior that he has undertaken since the late 1970s, including the Polish model of economic reform.

Part 1: Problems with the definition of socialism in todays world; On the 'socialist market economy'; 'Socialist calculation debate' and reform discussions; On the reformability of the Soviet-type economic systems; Towards an analysis of ownership; Political and economic regimes Part 2: Understanding post-communist transitions; Economic transition in Central/ East Europe; Various roads to a private market economy; Macropolicies in transition to a market economy; Common fallacies in the debate on economic transition Part 3: Polish economic reform 1981-88; Political economy of economic reform in Poland 1989-92; Transition to a market economy - Poland 1989-93 Conclusion