PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIES

The Eastern bloc fell with the unification of Germany and the fall of Soviet Union, Czechoslovakia and Yugoslavia. After the year 1991, the countries that consisted the old Eastern Bloc went in a pursuit of a new economical and political system. Generally, all of the transiting countries have adopte...

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Main Author: Yrd. Doç. Dr. Remzi Bulut
Format: Article
Language:English
Published: Mehmet Akif Ersoy University 2021-07-01
Series:Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
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Online Access:https://dergipark.org.tr/en/download/article-file/1514381
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author Yrd. Doç. Dr. Remzi Bulut
author_facet Yrd. Doç. Dr. Remzi Bulut
author_sort Yrd. Doç. Dr. Remzi Bulut
collection DOAJ
description The Eastern bloc fell with the unification of Germany and the fall of Soviet Union, Czechoslovakia and Yugoslavia. After the year 1991, the countries that consisted the old Eastern Bloc went in a pursuit of a new economical and political system. Generally, all of the transiting countries have adopted a transition towards a market economy. Because of this reason, the ex Eastern Bloc countries are also known as "Transition Countries" or "Transition Economies". These countries have started the reforms of transition to a market economy after the first years of the disbanding of the Eastern Bloc. With the beginning of the reforms, macro economical problems rose due to the change of systems. The most important of these problems are; inflation, unemployment and injustices in income distribution. In this work, theoretical information is provided about transition economies, transition periods and transition reforms. Besides, the problems of income distribution, unemployment and inflation in the select transition countries are discussed. As a result of this study it was concluded that transition reforms have an impact on inflation and unemployment and unemployment and inflation have an impact on per capita income.
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spelling doaj-art-5d215a64793345ad8cfae12ec5a49e052025-01-27T14:06:32ZengMehmet Akif Ersoy UniversityMehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi2149-16582021-07-01821020103510.30798/makuiibf.862687273PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIESYrd. Doç. Dr. Remzi Bulut0https://orcid.org/0000-0003-1169-2949MEHMET AKIF ERSOY UNIVERSITY, BURDUR VOCATIONAL SCHOOLThe Eastern bloc fell with the unification of Germany and the fall of Soviet Union, Czechoslovakia and Yugoslavia. After the year 1991, the countries that consisted the old Eastern Bloc went in a pursuit of a new economical and political system. Generally, all of the transiting countries have adopted a transition towards a market economy. Because of this reason, the ex Eastern Bloc countries are also known as "Transition Countries" or "Transition Economies". These countries have started the reforms of transition to a market economy after the first years of the disbanding of the Eastern Bloc. With the beginning of the reforms, macro economical problems rose due to the change of systems. The most important of these problems are; inflation, unemployment and injustices in income distribution. In this work, theoretical information is provided about transition economies, transition periods and transition reforms. Besides, the problems of income distribution, unemployment and inflation in the select transition countries are discussed. As a result of this study it was concluded that transition reforms have an impact on inflation and unemployment and unemployment and inflation have an impact on per capita income.https://dergipark.org.tr/en/download/article-file/1514381geçiş ekonomileridoğu blokuenflasyoni̇şsizlikmilli gelirtransition economieseastern blocinflationunemploymentnational income
spellingShingle Yrd. Doç. Dr. Remzi Bulut
PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIES
Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
geçiş ekonomileri
doğu bloku
enflasyon
i̇şsizlik
milli gelir
transition economies
eastern bloc
inflation
unemployment
national income
title PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIES
title_full PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIES
title_fullStr PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIES
title_full_unstemmed PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIES
title_short PROBLEMS OF INFLATION, UNEMPLOYMENT AND INCOME DISTRIBUTION IN THE TRANSITION OF EASTERN BLOC COUNTRIES TO MARKET ECONOMY: EXAMPLES FROM SELECTED REGIONAL COUNTRIES
title_sort problems of inflation unemployment and income distribution in the transition of eastern bloc countries to market economy examples from selected regional countries
topic geçiş ekonomileri
doğu bloku
enflasyon
i̇şsizlik
milli gelir
transition economies
eastern bloc
inflation
unemployment
national income
url https://dergipark.org.tr/en/download/article-file/1514381
work_keys_str_mv AT yrddocdrremzibulut problemsofinflationunemploymentandincomedistributioninthetransitionofeasternbloccountriestomarketeconomyexamplesfromselectedregionalcountries