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Optimal Transition Trajectories?

László Csaba

Chapter 13 in Transition and Beyond, 2007, pp 263-277 from Palgrave Macmillan

Abstract: Abstract The nature of analytical social science is such that the search for the right measure is one of its core elements. For this reason the two decades of transition from communist to market order has been revolving around the big question of whether it could have been done better. Once we reject the wide-spread and self-condoning post hoc ergo propter hoc type of argumentation, the question if and to what degree, things could have been better done, if costs were excessive, or results less than justified, must figure eminently on the agenda. In the present chapter we try to address some of these normative issues. Both descriptive and interpretative evaluations of this historic process abound, and a ‘final word’ is as much unlikely to be spoken as over the French Revolution, for that matter.1

Keywords: European Union; Monetary Policy; International Monetary Fund; Common Agricultural Policy; European Monetary Union (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-59032-8_14

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DOI: 10.1057/9780230590328_14

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