期刊名称：International Journal of Economics and Research
电子版ISSN：2229-6158
出版年度：2011
卷号：2
期号：4
页码：98-110
出版社：Sanben Agency
摘要：The economic transition that started some two-and-half decades ago1 Since the 1990s, studies on issues confronting the transition economies have grown in volumes and sophistication. has been one of the most profound experiments in the modern history, with the livelihood of about 30% of the world population being directly affected in every way imaginable. Disappointed with the slow improvements in the standard of living, pronounced economic inefficiency, and serious resource misallocation, countries that installed the Soviet-type command system have all made attempts, at a varying degree, to break away from it. The effort is intended to overcome the shortcomings of the previous practice by putting the economies onto a more market-based, outward-looking, and private-sector-led growth path. The transition in the economic front has been accompanied and reinforced by significant political, social, and cultural changes, with long-lasting implications for geopolitics and the world economy as a whole.
