Re: Re: Re: RE: Re: Re: Re: Yen still overvalued

[Peter Dorman <dormanp@xxxxxxxxxxxxx>]

In this context I'm referring to the specific problem of changing over the installed
capital stock.  There is another "restructuring" problem in the CEE, which is more
social (i.e. social relations of production) and has to do with disseminating a
management system capable of competing with W. Europe.  Again, this is not about
what should take place in a better world -- simply adapting to the dictates of the
existing capitalist context, under the (possibly false) assumption that countries
smaller than the US have little leeway on these questions.

Peter

phillp2@xxxxxxxxxxxxxxx wrote:

> Peter,
>
> What are you suggesting here?  What kind of restructuring are you
> referring to? As someone who has spent the last 10 years studying
> and publishing on the Slovenian transition process, I'm mystified at
> what you are referring to.
>
> Paul Phillips,
> Economics,
> Universityof Manitoba
>
> > 2. Except for Slovenia (where there was arguably not too much restructuring to
> > perform), it hasn't been completed yet.