Human Costs of Post-communist Transition: Public Policies and Private Response

  title={Human Costs of Post-communist Transition: Public Policies and Private Response},
  author={Alexei Izyumov},
  journal={Review of Social Economy},
  pages={125 - 93}
  • Alexei Izyumov
  • Published 1 March 2010
  • Economics, Political Science
  • Review of Social Economy
Abstract The transition to capitalism in former communist countries of Eastern Europe and the USSR was achieved at a very high human cost, leading to unprecedented increases in poverty, inequality, and other forms of deprivation. This paper surveys the literature and data on human costs of post-communist transition and discusses differences in responses to poverty among countries of the region. It argues that human costs of transition to the market were strongly influenced by policy choices… 
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