Necroeconomics – The Theory of Post-Communist Transformation of an Economy

International Journal of Social Economics, Vol. 29, No. 9-10, pp. 796-805, 2002

10 Pages Posted: 30 Nov 2012

See all articles by Vladimer Papava

Vladimer Papava

Ivane Javakhishvili Tbilisi State University

Date Written: November 29, 2012

Abstract

In the last decade, nearly a dozen countries, once part of the USSR, have undertaken the transition to market economies. In some cases, the new economic systems that have developed cannot be squeezed into any theoretically generalized models of capitalism. The main reason these systems evade classification is the existence of what can be termed a 'necroeconomy,' in which there is production without demand. The article describes the nature of necroeconomy.

Keywords: Post-Communist economy, economic transition, necroeconomics, economic reforms

JEL Classification: P20, P21, P23, P26, P31

Suggested Citation

Papava, Vladimer, Necroeconomics – The Theory of Post-Communist Transformation of an Economy (November 29, 2012). International Journal of Social Economics, Vol. 29, No. 9-10, pp. 796-805, 2002 . Available at SSRN: https://ssrn.com/abstract=2182398 or http://dx.doi.org/10.2139/ssrn.2182398

Vladimer Papava (Contact Author)

Ivane Javakhishvili Tbilisi State University ( email )

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Tbilisi, Tbilisi 0179
Georgia
+995 32 222-0241 (Phone)
+995 32 222-5107 (Fax)

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