The postsocialist transition and the state: reflections in the light of Hungarian fiscal problems
Article Abstract:
Countries that are making the transition from socialism to a democracy may face economic problems. The fiscal problems in Hungary are an example of the problems that can occur in any country making the postsocialist transition. Hungary must deal with problems related to reductions in administrative expenditures, economic assistance to unprofitable firms, the taxation of the growing private sector and welfare expenditures. The state can influence, but not control, the economy. Hungary shows signs of economic growth, and other postsocialist countries are eventually expected to prosper.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1992
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Economic policy, economic performance, and elections
Article Abstract:
The way in which reelection pressures influence economic policy is examined, and a model of the reelection process is developed. The model assumes that voters are not sure of the outcomes of various policies. The model shows that the reelection process is dependent upon the amount of economic activity during a politician's term in office, as well as the previous policies of the politician. Politicians are more likely to implement policies that the public will accept to improve their chances of reelection if they believe that voters are uncertain about the policies.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1993
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The reform of the welfare state and public opinion
Article Abstract:
Public opinion is one of the factors that govern the future of post-socialist nations' welfare sectors. In such countries with stable institutions of parliamentary democracy, welfare reforms are subject to the democratic political system. The enactment of the reforms will depend on legislative bodies which are influenced by political parties. These parties, in turn, are controlled by the voters. The success of the reforms is thus a problem of the political economy.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1997
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