Ludek Rychetnik - Academia.edu (original) (raw)
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University of the Basque Country, Euskal Herriko Unibertsitatea
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Papers by Ludek Rychetnik
Eastern European Economics, 1969
Revue d’études comparatives Est-Ouest, 1988
The Euro-Asian World, 2000
This essay originated from the discussions of the role of central plan in an economic system with... more This essay originated from the discussions of the role of central plan in an economic system with a functioning market mechanism. Such discussions emerged because of the implementation of the 'New Economic System'in Czechoslovakia. Under the old system, the role of the plan was considered clear and well defined. The introduction of the new system reopened controversies that had been discussed years ago. Can central planning be combined with market mechanism? Should the market be subordinated to the plan or vice versa? What is the relation between conscious activity and spontaneity in the process of economic evolution?
Journal of the Operational Research Society, 1984
Economics of Planning, 1968
This paper describes four mechanisms of income differentiation which generate inequalities both a... more This paper describes four mechanisms of income differentiation which generate inequalities both at national and international levels. They are: (i) Increasing returns to scale, (ii) cost of capital (interest) hidden in prices, (iii) economic rent derived from scarce natural resources, and (iv) exploitative state and private structures. Only the third and fourth mechanisms have been analyzed as they generate inequities, ie. inequalities which can be considered as unfair. It is argued that the effect of the third mechanism can be moderated by taxation paid from the rent. The fourth mechanism disrupts governance and economic activities in many developing countries and adversely affects the post communist states as well. International institutions as the World Bank pay increasing attention to it through their Governance and Anti-Corruption programmes. However a substantial improvement can be achieved by consistent effort of domestic forces in each country.
Economics of Planning, 1988
Eastern European Economics, 1969
Revue d’études comparatives Est-Ouest, 1988
The Euro-Asian World, 2000
This essay originated from the discussions of the role of central plan in an economic system with... more This essay originated from the discussions of the role of central plan in an economic system with a functioning market mechanism. Such discussions emerged because of the implementation of the 'New Economic System'in Czechoslovakia. Under the old system, the role of the plan was considered clear and well defined. The introduction of the new system reopened controversies that had been discussed years ago. Can central planning be combined with market mechanism? Should the market be subordinated to the plan or vice versa? What is the relation between conscious activity and spontaneity in the process of economic evolution?
Journal of the Operational Research Society, 1984
Economics of Planning, 1968
This paper describes four mechanisms of income differentiation which generate inequalities both a... more This paper describes four mechanisms of income differentiation which generate inequalities both at national and international levels. They are: (i) Increasing returns to scale, (ii) cost of capital (interest) hidden in prices, (iii) economic rent derived from scarce natural resources, and (iv) exploitative state and private structures. Only the third and fourth mechanisms have been analyzed as they generate inequities, ie. inequalities which can be considered as unfair. It is argued that the effect of the third mechanism can be moderated by taxation paid from the rent. The fourth mechanism disrupts governance and economic activities in many developing countries and adversely affects the post communist states as well. International institutions as the World Bank pay increasing attention to it through their Governance and Anti-Corruption programmes. However a substantial improvement can be achieved by consistent effort of domestic forces in each country.
Economics of Planning, 1988