Essays on Growth and Development in Post-Socialist Countries

摘要: This dissertation seeks to contribute the ongoing debate on variety of post-socialist developmental trajectories by analyzing specific country cases and factors. The origins distinct development paths are traced early policy decisions, formation tax regimes, shifting balance between demand for, supply of, redistribution. An important feature transition economies is varying propensity policy-makers control speed market reforms. Policy discretion has been restricted self-imposed economic transnationalization, i.e., opening financial production sectors penetration foreign capital. Post-socialist have varied with respect timing their transnationalization strength associated monetary discipline, which far-reaching implications for competitiveness. The examination existing delayed reforms, such as in Belarus, further uncovers nuances divergent trajectories. process riddled an inescapable conflict backward advanced sectors. Domestic social forces often unable reach a negotiated, consensual solution this conflict, thus avenue transnationalization. If left unresolved, dual tend emerge, characterized coexistence sector subsidized enterprises profit-making more efficient companies. In order trace dynamics economies, develops two analytical models encapsulating factors behind inter-sectoral instruments, including taxation repression form directed lending. A continuous use these instruments clear-cut investment growth over long run. case made show conditions under sustained prolonged periods, but do not necessarily become stable. first model predicts that – ceteris paribus at converge income level most countries reduced legacies industrial employment ideological hostilities towards second model, captures some properties Chinese economy, demonstrates can lead growth, it occurs expense savers’ well-being.