Sunday, April 14, 2013

A study of the market reforms in Post-Communist eastern Europe eith a specific case study of Poland

A study of the market reforms in post- communist eastern Europe with a specific case study of Poland

Introduction

        Poland, as well as its fellow post-communist countries, face an arduous task in

re-inventing their economies to match the dominant Western style currently dominating the world. The difficulties lie in the areas of ideology, structural needs (massive changes required), world recession(current) and debt load.

Communist Economics

        Why did the frugals of the communist bloc fail so miserably? Why has any single socialist, fascist, communist and other non-democratic country had to implement economic change in order to survive? This is due to around inherent problems in the rule economy idea.

        Monopolies (in a command economy) tend to produce inefficiency, low quality goods, lack of innovation and technological improvement.

        Command economies tend to focus on harvest-feast rather than strength leading to larger production and an evan. worse use of available resources.

        The 1980s marked a change in world markets meant that the communist economies were faced with four challenges that would, if met, have meant the continuation of the USSR.

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        Resource saving miniaturization requiring superior technology and adroitness were demanded (command economies have neither), Flexible production to meet a grade of needs (command economies have large factories to keep production high - they, thus, did not have the funds or ability to continue the necessary changes to their means of production), the information age meant that the communist bloc had to deny the sweet prevalent types of technology, which would spread Western ideas, and thus they fell behind), and software became inhering to the growth of industry (the hardware focus of the East could not bury this new approach.

        As well, the changes are being attempted in a deep period of economic crisis that make an already difficult process even more difficult.

        Changing the...

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