USSR, Poland, Hungary Essay Example for Free

USSR, Poland, Hungary EssayThe get down of the 1990s marked profound sparing and social stagnation of the spring Communist states. That stagnation was the result of the deep and anticipated sparing transformations following the collapse of communism in Eastern Europe. The administrative command system and its economic and social inconsistence has become the major driver of the economic stagnation in Europe the system of centralized planning and administration was not really an economic system at all (Hall Elliott, 1999). The soviet-oriented economy did not maximize wealth, but rather maximized the utility shape of the then political elites (Hall Elliott, 1999). The goal of the communist economy was not to improve the product, to increase customer satisfaction, or to increase profit margins on the contrary, the centralized decisions were taken to unless maximize the military power of the easterly European states, and to enhance the responsiveness of economy to centralize d control (Maital, 2003).The low intrinsic value of money, overmuchness demand, and centralized control over natural resources have led to the situation when national population was socially dissatisfied, politicized, and subject to central decision-making models. Those economic conflicts and social dissatisfaction have ultimately caused to the general collapse of communism across Europe. In their post-communist economic development, Poland, Russia, and Hungary followed similar economic patterns, although Poland remains the brightest example of the post-soviet economic and social success.At the beginning of the 1990s, Polish GDP was declining faster than that in Russia and Hungary, but Poland was able to regain its economic positions faster than its European counterparts Poland experienced smooth transition from centrist to liberal political coalition that implemented mature economic reforms (Maital, 2003). Russia greatly suffered the worsening demographic indices and life expecta ncy, but was able to quickly restore after the 1998 crisis for the name of the constantly growing oil prices (Algieri, 2007).In Hungary, the recycling of parties could potentially undermine all efforts to transform Magyar command economy, but economic plans in Hungary remained quite liberal in content and consequences (Swaan Lissowska, 2006). Poland, Russia and Hungary have already accomplished much to merge with the rest of the European states. Evidently, the coming decade will mark further economic reconciliation between post-communist and developed European economies, in which Russia, Poland, and Hungary will have more decision-making powers.As the reforms proceed, the individuals, organizations and regions that are successfully adapting and becoming better off economically are an emerge constituency for the continuing reforms. This emerging constituency will be associated with the creation of new firms rather than with the transformation of existing firms. (Algieri, 2007) T hat means that further democratisation and liberalization will help post-communist countries find their place in the international economy and market.ReferencesAlgieri, B. (2007). Trade specialty dynamics in Russia. Comparative Economic Studies, 49 74-76. Maital, S. (2003). Russia and Poland the anatomy of transition. Challenge, 36 (2) 80-85. Swaan, W. Lissowska, M. (2006). Capabilities, routines, and East European economic reform Hungary and Poland before and after the 1989 revolutions. Journal of Economic Issues, 40 (4) 8-22. Hall, T. Elliott, J. E. (1999). Poland and Russia One decade after infract therapy. Journal of Economic Issues, 33 (2) 182-197.