Increased death rate:Privatisation and Rapid Reform Responsible

by Amitjha | January 14, 2009 at 09:58 pm
84 views | 12 Recommendations | 2 comments

The research is valid or not ,very tough to say....but timing is perfect for publication of such research.When world is facing tough times handling the finance, and whole system of open policy is under attack , this kind of research will certainly attract attention.

The rapid mass privatisation which followed the break up of the Soviet Union fuelled an increase in death rates among men, research suggests.

The UK study blames rapidly rising unemployment resulting from the break-neck speed of reform.

The researchers said their findings should act as a warning to other nations that are beginning to embrace widespread market reform.

The study features online in The Lancet medical journal.

 

The researchers examined death rates among men of working age in the post-communist countries of eastern Europe and the former Soviet Union between 1989 and 2002.

They conclude that as many as one million working-age men died due to the economic shock of mass privatisation policies.

Following the break up of the old Soviet regime in the early 1990s at least a quarter of large state-owned enterprises were transferred to the private sector in just two years.

This programme of mass privatisation was associated with a 12.8% increase in deaths.

The latest analysis links this surge in deaths to a 56% increase in unemployment over the same period.

However, it found some countries with good social support networks withstood the turmoil better than others.

Where 45% or more of the population were members of at least one social organisation, such as a church group or labour union, mass privatisation did not increase mortality.

But Russia, Kazakhstan, Latvia, Lithuania and Estonia were worst affected, with a tripling of unemployment and a 42% increase in male death rates between 1991 and 1994.

Countries that adopted a slower pace of change, gradually phasing in free-market conditions and developing appropriate institutions, fared much better.

The best were Albania, Croatia, Czech Republic, Poland and Slovenia, which experienced only a 2% increase in unemployment - and a 10% fall in male mortality.

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Paschen

Interesting, we had post about this issue in relation to the consequences the end of the Soviet Union and how it lead to an abusive Capitalistic system.

http://my.nowpublic.com/world/freitar-uprising-japan

  

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Amitjha

Thanks paschen, is just capitalism led or it is valid in reverse case also.Means if we head for socialism rapidly what will be the consequences?

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pankaj kumar
First Flagged at 4:29 AM, Jan 15, 2009 by pankaj kumar

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