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SELHÁNÍ EXPERIMENTÁLNÍ FORMACE BÝVALÉ NDR POHLEDEM SOUDOBÝCH SOCIÁLNĚ-EKONOMICKÝCH PŘÍSTUPŮ K TEORII RŮSTU

100%
Kouba L.
Ekonomický časopis (Journal of Economics)
|
2010
|
vol. 58
|
issue 7
707-724
EN
The centrally planned GDR (German Democratic Republic) economy obtained a complete institutional framework of a capitalist economy of the FRG at the moment of reunification of Germany in 1990. According to the social-economic approaches to the growth theory based on formal conception of institutions, conditions for a dynamic economic development in East Germany were created. However, the author´s case study shows that the economy of East Germany got stuck in a long-term stagnation. The growth theory of the new institutional economics based on the North's path dependency concept offers more plausible explanations of the failure of East Germany transition: important causes of the long-lasting decline in productive activities lie in the incompatibility between West Germany formal institutions and East Germany informal institutions. He believes that this approach is the most general approach to the growth theory.
2

ALTERNATÍVNY PRÍSTUP K EKONOMICKÉMU RASTU V TEÓRII REGULOVANIA

86%
Přívarová M.
Ekonomický časopis (Journal of Economics)
|
2010
|
vol. 58
|
issue 3
292-304
EN
The paper describes the specific approach of Regulation School to growth theory and models. Contemporary neoclassical research is built upon a strong substitutability between labour and capital. Regulation Theory takes into account the rough complementarity of production factors, as evidenced by econometric studies. In the Regulation Approach, the study of the long run aims at formalizing the two sided relationship between economic trends, institutions, demography and technology. Finally, studies of the long run history, and relevant cross national analyses, might disentangle between trends and continuities, as well as qualitative and therefore quantitative changes. In the globalization, the relations between the financial, the economic, and the social 'poles' change deeply: the financial pole becomes dominates the other poles.
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