What causes prosperity – Some evidence from Romania

1What causes prosperity ? Some evidence from Romania Being born in 1984, we are too young to remember concrete facts participating the commie regime. We mostly know what we?ve been told and read about in our history books. Nonetheless,Orwell?s novel seems far from utopian however for those of us who had the good fortune of spending only a few years living under collectivism. We can?t help feeling shivers at every turn of the page. That collectivism has done great harm is only an understatement. Proof resides in thecountries in Eastern Europe that struggle still as ?developing economies? plane though many, likeRomania, were relatively wealthy in the 1920s. Rumanian society bears the mark of 40 years ofcommunism hitherto after the last decade and a half of mucky transition to a market economy. Afterthe initial euphoria with the gunstock of the communist regime, people found themselves in a piece beings ofpolitical confusion and judiciary and economic chaos. A thorough pliant of the judiciary system was needed for the cornerstone of a unthaw society. Unfortunately, only slight reform was carried out, in order non to interfere with special interestgroups like spring active members of the communist Party and/or the secret services (the?Securitate?). They managed to become the ?rulers of our pertly formed democracy?. As anexample, a proposed law prohibiting cause communist party members from holding positions in apolitical or public institution, didn?t even fail debated in Parliament, in spite of having great popularsupport. Private property rights should have been a key starting point for a denationalization process. The 1991 Romanian Constitution protected private property, but did not notice anything aboutguaranteeing the right to private property .1 Consequently, this was not enough to while formerowners of fascinateting their nationalized properties back. Moreover, in the early 1990s, the governmentsold the nationalized houses to the people who... ! If you want to get a full essay, order it on our website: BestEssayCheap.com

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