Cover image for The economics of transition : from socialist economy to market economy
The economics of transition : from socialist economy to market economy
Lavigne, Marie, 1935-
Personal Author:
Second edition.
Publication Information:
New York : St. Martin's Press, 1999.
Physical Description:
xx, 328 pages : illustrations ; 24 cm

Format :


Call Number
Material Type
Home Location
Item Holds
HC244 .L3749 1999 Adult Non-Fiction Central Closed Stacks

On Order


Author Notes

Marie Lavigne, Ph.D., Emeritus Professor of Economics, taught at the Universities of Strasbourg, Pari, and Pau. At the University of Paris, she chaired the Centre for International Economics of the Socialist Countries, the first academic research unit in France dealing with centrally planned economies. In 1996 she became Senior Research Fellow at ISMEA (Institute for Applied Mathematics and Economics), Paris.

Reviews 1

Choice Review

Lavigne (Univ. of Pau, France) is an internationally known scholar on the economies of Eastern Europe and the Former Soviet Union (FSU). In this volume she explains the nature and performance of the socialist centrally planned economic system in these areas and the reasons for its collapse. Then she examines the transition toward a capitalist regulated market economy, analyzing in detail macroeconomic stabilization, privatization, integration with the world economy, and Western assistance to the transition. The work contains many tables and charts, a statistical appendix, helpful suggestions for further reading, and a long bibliography. Comprehensive but concise, this authoritative study presents an insightful and balanced assessment of the issues. It differs from other recent volumes on the economics of transition. Barry Bosworth and Gur Ofer's Reforming Planned Economies in an Integrating World Economy (CH, Dec'95) attempts to cover briefly some aspects of economic reform in the FSU, Eastern Europe, and China. The Transformation of the Communist Economies, ed. by Ha-Joon Chang and Peter Nolan (1995), assembles 14 varied papers on China, Eastern Europe, and the FSU from a 1992 conference. Lavigne's book is much superior to these volumes and is highly recommended for both economics and area studies collections. Clearly written, it is accessible to upper-division undergraduates and is an excellent introduction to the subject for graduate students and nonspecialist faculty and researchers. M. Bornstein; University of Michigan

Table of Contents

Part 1 The Past: Real Socialism
The Bases of the Socialist Economic System History The Reforms: Experiences and Failures The Performance International Economic Relations
Part 2 The Present: Transition in the Making
The End of the System Macroeconomic Stabilisation Privatization and Structural Reforms Reintegrating the World Economy When is Transition Over?