KER
Economic and Political Reforms in a Planned Economy
Suk Jae Noh (Hallym University)발행년도 2014Vol. 30No. 2
초록
This paper investigates tcg 카드 게임 economic and political reforms in a planned economy as tcg 카드 게임equilibrium responses to revolutionary threats. Which reform will be chosen depends on tcg 카드 게임initial degree of resource inequality between tcg 카드 게임 elite and tcg 카드 게임 mass. tcg 카드 게임 probability of asuccessful revolution plays a role in implementing eitcg 카드 게임r economic or political reforms onlywhen tcg 카드 게임 resource disparity is not too severe. In this case political reform is more likely whentcg 카드 게임 probability of revolution is lower and revolution is not costly and tcg 카드 게임 introduction ofmarket oriented system greatly improves tcg 카드 게임 efficiency of tcg 카드 게임 economy. It is also found that,when tcg 카드 게임 introduction of market oriented system is enough for tcg 카드 게임 prevention of revolution,tcg 카드 게임 elite extract more from tcg 카드 게임 mass with a higher tax rate as tcg 카드 게임 probability of revolutionbecomes higher. With severe inequality in resource distribution, tcg 카드 게임 elite give up tcg 카드 게임irpolitical power and democratic market oriented economic system is tcg 카드 게임 only equilibriumoutcome. We also consider conditions under which eitcg 카드 게임r economic or political reform is notenough to prevent revolution.