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Shock therapy and the transfer of institutions: the new debate and some lessons from the post-1806 reforms in Prussia and in southwestern Germany
There is a new debate on shock therapy versus gradualism in economics, this time referring to developing and emerging countries. The French Revolution and its impact on the other European nations has repeatedly been highlighted as a historical example for both the merits and pitfalls of the Big Bang...
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| Published in: | Constitutional political economy 2011-06, Vol.22 (2), p.122-140 |
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| Format: | Article |
| Language: | English |
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| cites | cdi_FETCH-LOGICAL-c510t-8e73502f8b7fde8e227521b6c9eb716e3fb7c208486f80b0ed89bd074acca3883 |
| container_end_page | 140 |
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| container_start_page | 122 |
| container_title | Constitutional political economy |
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| creator | Zweynert, Joachim |
| description | There is a new debate on shock therapy versus gradualism in economics, this time referring to developing and emerging countries. The French Revolution and its impact on the other European nations has repeatedly been highlighted as a historical example for both the merits and pitfalls of the Big Bang strategy. The present paper argues that a comparison between the post-1806 reforms in Prussia and in the southwestern states of Germany offers a particularly interesting historical case study that in the economics literature has not yet received the attention it deserves. In particular, the case study shows how deeply intertwined the economic and political dimension of social transformations are, and that different economic reforms strategies cannot and should not be evaluated without taking political starting conditions into account. In view of recent reform experiences it is particularly interesting to see that Prussia offers maybe the first historical case of state capture by the East-Elbian
Junkers
. |
| doi_str_mv | 10.1007/s10602-010-9095-3 |
| format | article |
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Junkers
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Junkers
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Junkers
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| ispartof | Constitutional political economy, 2011-06, Vol.22 (2), p.122-140 |
| issn | 1043-4062 1572-9966 |
| language | eng |
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| source | EconLit s plnými texty; International Bibliography of the Social Sciences (IBSS); Social Science Premium Collection; ABI/INFORM Global; Politics Collection; Worldwide Political Science Abstracts; Springer Link |
| subjects | 19th century B 52 Case studies Civil society Constitution Constitutional Law Constitutions Developing Countries Economic Change Economic decline Economic reform Economic Theory/Quantitative Economics/Mathematical Methods Europe Federal Republic of Germany French Revolution Germany Institutions N 43 Open access Original Research Political behavior Political economy Political Science Political Science and International Relations Political Science and International Studies Prussia Reform Revolutions Social Change Southwestern Germanies Studies Transfer of institutions Transplants & implants Violence |
| title | Shock therapy and the transfer of institutions: the new debate and some lessons from the post-1806 reforms in Prussia and in southwestern Germany |
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