What Comes First in the Transition from Communism: Democracy or Private Enterprise?

When Central and Eastern European countries emerged step up of the red in 1989, they faced the double task of simultaneously dismantling the nonagenarian socialist say apparatus and redundant structures of over-industrialized economies, and constructing a untested state and a new economic base that would be capable of integrating into world markets and sustaining steady progress. Dismantling was fundamentally done through privatisation, which means transferring state owned enterprises into cliquish ownership. This of course was no simple task, and its challenges will be discussed by and by on in this paper. As with the construction of new state institutions, Central and Easter European countries chose to follow the democratic representative of their Western neighbours. This of course entailed adopting the economic base of capitalism to go with it. This paper will investigate the relationship between country and privatisation, and how what role they played in the transition process. It was indeed the complexities and contradictions of the dual task of simultaneously dismantling and constructing, and the resulting systemic vacuum, which was the cause of a great deal of the economic disruption suffered in these countries during the transition from communism to graceful market economies.

The question is whether it is even possible to carry out political and economic reform at the same time, or if one needs to precede the other. But before we watch any deeper on this question, we must picture at wherefore Central and Eastern European countries specifically chose to build land and capitalism ? structures that were completely opposite of what they had experienced for the last 40 years ? instead of following some other path, similar that of China, which combined the socialist state with a market economy. The rejoinder to this one is fairly simple; we only need to look at the experience of those 40 years to understand wherefore these countries wanted to stay as far away as possible from any form of authoritarian state.... If you want to modernize a full essay, order it on our website: Orderessay

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