Roads in a Market Economy

Roads in a Market Economy
Author: Gabriel Joseph Roth
Publisher:
Total Pages: 304
Release: 1996
Genre: Business & Economics
ISBN:

This work, based on the propositon that roads exhibit typical command economy characteristics (congestion, chronic lack of funds), then shows roads in a market economy framework, employing concepts of ownership, market pricing and profitability to achieve

The Market Economy

The Market Economy
Author: James Doti
Publisher: OUP USA
Total Pages: 0
Release: 1991-01-01
Genre: Business & Economics
ISBN: 9780195332582

The Market Economy: A Reader outlines the characteristics and philosophical underpinnings of the market economy and its usefulness in the allocation of resources. This anthology offers a comprehensive set of authentic, primary source selections that demonstrate how the tenets of classical economic liberalism provide the foundation for an efficient economic system—while also maximizing individual freedom. The readings also provide a structure for analyzing economic and philosophical issues. The book includes selections from several authors who are not economists but whose work is important in terms of their contribution to economic thought, such as Henry David Throeau and Ayn Rand. It also features classic readings such as Adam Smith's invisible hand from his Wealth of Nations, David Ricardo's original explanation of comparative advantage from Principles of Political Economy and Taxation, and John Stuart Mill's eloquent expression of the limits of government in On Liberty. Latter day proponents of private enterprise include Friedrich Hayek, Ludwig von Mises, and Milton Friedman. These authors and others address how the market economy responds to such topical issues as the environment, income distribution, and free trade.

The Chinese Market Economy, 1000–1500

The Chinese Market Economy, 1000–1500
Author: William Guanglin Liu
Publisher: State University of New York Press
Total Pages: 394
Release: 2015-09-01
Genre: History
ISBN: 1438455690

Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world's largest market economy, a position traditional China held a millennium ago. William Guanglin Liu's bold and fascinating book is the first to rely on quantitative methods to investigate the early market economy that existed in China, making use of rare market and population data produced by the Song dynasty in the eleventh century. A counterexample comes from the century around 1400 when the early Ming court deliberately turned agrarian society into a command economy system. This radical change not only shrank markets, but also caused a sharp decline in the living standards of common people. Liu's landmark study of the rise and fall of a market economy highlights important issues for contemporary China at both the empirical and theoretical levels.

Economic Management And Transition Towards A Market Economy: An Asian Perspective

Economic Management And Transition Towards A Market Economy: An Asian Perspective
Author: Anthony Theng Heng Chin
Publisher: World Scientific Publishing Company
Total Pages: 696
Release: 1996-10-04
Genre: Business & Economics
ISBN: 9813103183

Much attention has been focused in recent years on the transformation of the economies of Eastern and Central Europe and the former Soviet Union. However, a growing demand for policy advice, technical assistance and expertise is also coming from Asian reforming countries such as China, Mongolia, Vietnam, Laos and Cambodia. In addition, business communities abroad are increasingly interested in exploring investment and marketing opportunities in these reforming countries. Such developments are too important to overlook or ignore.The transformation of socialist economies towards market-based systems entails an unusually wide range of problems. Studies of related topics are complicated by the speed of the changes and the lack of clear historical precedents. Although the structural features of Asian reforming economies are in important ways different from those of the Eastern European economies, all socialist economies share similar fundamental conditions on the eve of economic reform which raise a similar set of reform issues.This volume brings together a rich collection of expertise and information in an attempt to shed some light on the transitional process in Asia. The contributions are by no means exhaustive. However, they provide the reader and analyst with an excellent starting point to the problems and prospects which are specific to Asian transforming economies.

The Roman Market Economy

The Roman Market Economy
Author: Peter Temin
Publisher: Princeton University Press
Total Pages: 318
Release: 2013
Genre: Business & Economics
ISBN: 069114768X

The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century.The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.

Geographical Disadvantage

Geographical Disadvantage
Author: Anthony Venables
Publisher: World Bank Publications
Total Pages: 38
Release: 1999
Genre: Benchmark
ISBN:

"What effect does distance have on costs for economies at different locations? Exports and imports of final and intermediate goods bear transport costs that increase with distance. Production and trade depend on factor endowments and factor intensities as well as on distance and the transport intensities of different goods"--Cover.

From Market-Places to a Market Economy

From Market-Places to a Market Economy
Author: Winifred Barr Rothenberg
Publisher: University of Chicago Press
Total Pages: 308
Release: 1992-11-15
Genre: Business & Economics
ISBN: 9780226729534

Through innovative use of little used archival material, Rothenberg finds that the relevant economic magnitudes - farm commodity prices, wages for day and monthly farm labor, and the determinants of rural wealth holding - behaved as if they had been formed in a market. This ground breaking discovery reveals how an agricultural economy that lacked both an important export staple and technological change could experience market-led growth. To understand this impressive economic development, Rothenberg discusses a number of provocative questions.

Transition from Socialist to Market Economies

Transition from Socialist to Market Economies
Author: S. Ichimura
Publisher: Springer
Total Pages: 286
Release: 2009-10-21
Genre: Business & Economics
ISBN: 023024498X

20 years after the collapse of communism in Central Eastern European countries and 30 years after the start of market-oriented reforms in China, this book provides a framework for understanding the differing emphasis and sequencing of two reforms and explores in-depth these issues in the demise of communism and the triumph of the market economy.

The Transition to the Market Economy

The Transition to the Market Economy
Author: Paul G. Hare
Publisher: Psychology Press
Total Pages: 506
Release: 1997
Genre: Business & Economics
ISBN: 9780415124348

This collection of articles examines the development of one of the most significant economic transformations ever undertaken covering a wide range of countries and economic sectors

Tradition, Revolution, and Market Economy in a North Vietnamese Village, 1925–2006

Tradition, Revolution, and Market Economy in a North Vietnamese Village, 1925–2006
Author: Hy Van Luong
Publisher: University of Hawaii Press
Total Pages: 353
Release: 2010-08-15
Genre: Social Science
ISBN: 0824860829

Tradition, Revolution, and Market Economy in a North Vietnamese Village examines both continuity and change over eight decades in a small rural village deep in the North Vietnamese countryside. Son-Duong, a community near the Red River, experienced firsthand the ravages of French colonialism and the American war, as well as the socialist revolution and Vietnam’s recent reintegration into the global market economy. In this revised and expanded edition of his 1992 book, Revolution in the Village, Hy V. Luong draws on newly available archival documents in Hanoi, narratives by villagers, and three field seasons from the late 1980s to 2006. He situates his finely drawn village portrait within the historical framework of the Vietnamese revolution and the recent reforms in Vietnam. The richness of the oral testimony of surviving villagers enables the author to follow them throughout political and economic upheavals, compiling a wealth of original data as they actively restructure their daily lives. In his analysis of the implications of these data for theoretical models of agrarian transformation, Luong argues that local traditions have played a major role in shaping villagers’ responses to colonialism, socialist policies, and the global market economy. His work, spanning eight decades of sociocultural change, will interest students and scholars of the Vietnamese revolution, agrarian politics, peasant societies, French colonialism, and socialist transformation.