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 busy the communist regime. We mostly know what we?ve been told and read about in our history books. Nonetheless,Orwell?s novel seems far from utopian level so 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 fabianism 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 even after the last decade and a half of torpid transition to a market economy. Afterthe initial euphoria with the tear of the communist regime, people found themselves in a piece beings ofpolitical confusion and judiciary and economic chaos. A thorough correct of the judiciary system was needed for the cornerstone of a disengage society. Unfortunately, only slight reform was carried out, in order not 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 impertinently formed democracy?.

As anexample, a proposed law prohibiting condition 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 starti ng point for a denationalization process. Th! e 1991 Rumanian Constitution protected private property, but did not award anything aboutguaranteeing the right to private property .1 Consequently, this was not enough to envision formerowners of shake upting 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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