Government and Markets is the first book to tackle systematically
and in a multidisciplinary fashion the role of democratic
governments during and after the transition from plan to market.
The role of governments during the transformation is important for
eliminating the obstacles and putting into place the conditions for
the emergence of a viable market economy. Moreover, governments
need to play a key role in establishing a political-legal order
that promotes political liberties and economic freedom. In contrast
to other literature on the transformation process in formerly
planned systems, this volume focuses also on the creation of
autonomous and accountable governments as part of the liberal
economic order. Finally, the volume analyzes the role of the legal
state in creating a competitive market economy. Government and
Markets addresses itself to scholars, politicians policy makers
interested in the establishment of a democratic, competitive order
in formerly planned political economic systems.
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