The postsocialist experience and the resistible learning process of economic science

Por • 23 feb, 2020 • Sección: Economía

Chavance B.

Abstract: The paper gives a critical assessment of the reaction of various trends of economics, when confronted with the diversified experience of postsocialist transformation and accompanying surprises, like the initial depression, the unexpected consequences of fast privatisation, or the unconventional policies and performance of China and Vietnam. It discusses the mainstream transition doctrine, and its gradual qualification, as well as institutionalist and evolutionary approaches of the systemic transformation problems. It concludes that this grand and painful historical experience has until now failed to substantially modify mainstream economics, even though its unfolding has strongly questioned the latter’s theoretical and methodological premises.

Keywords: Eastern Europe; economic transition; economics; neo-liberalism; learning; postsocialism.

Reference to this paper should be made as follows: Chavance, B. (2011) ‘The postsocialist experience and the resistible learning process of economic science’, Int. J. Management Concepts and Philosophy, Vol. 5, No. 2, pp.159–170.

Biographical notes: Bernard Chavance is an Economist and a Professor at the University of Paris 7 (Paris Diderot). He has written and edited numerous books on the economic transition in the former states of the Soviet bloc and the wider processes of change in modern capitalism. His 2007 volume on L’économie Institutionnelle has been translated into English, Japanese, Italian, Korean and Russian. He has also translated books by Janos Kornai and Wlodzimirez Brus into French. He is a member of the Centre d’études des modes d’industrialisation of l’Ecole des Hautes Études en Sciences Sociales.




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