Bővebb ismertető
The future prosperity and security of Europe depends upon devising policies whsch transform the former communist states into socially just and environmentally sustainable markét economies. That is the goal of this study, which goes beyond the arid debate over "shock therapy" and "gradualism" and faces up to the question of what is to be done next. The future will be best served by social democratic policies: by fostering the dynamism of markets whilst never presuming that markets are socsally efficient; by equality of opportunity, for equality is efficient; by dedication to social justice, by wide paricipation in decision maksng; and by identifying economic progress with substainabfe development. Economic success demands: efficient public administration, a secure legal environment, financial stability, representative trades unions, and an enterprising structure of corporate governance. These form the institutional bedrock of economic efficiency, typically overlooked by economists of the Right, who pass from an abstract conception of markets direct to specific policies without ever confronting reality in between. The result of widespread consultation in central and eastern Europe, this study has been prepared by the members of the Economic Programme Group of the European Forum for Democracy and Solidarity. The members of the Group are John Eatwell, Michael Ellman, Mats Karlsson, D. Mario Nuti and Judith Shapiro.