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Books > Social sciences > Politics & government > Political ideologies > Marxism & Communism
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From Triumph to Crisis - Neoliberal Economic Reform in Postcommunist Countries (Hardcover)
Loot Price: R2,416
Discovery Miles 24 160
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From Triumph to Crisis - Neoliberal Economic Reform in Postcommunist Countries (Hardcover)
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Donate to Against Period Poverty
Total price: R2,436
Discovery Miles: 24 360
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The postcommunist countries were amongst the most fervent and
committed adopters of neoliberal economic reforms. Not only did
they manage to overcome the anticipated domestic opposition to
'shock therapy' and Washington Consensus reforms, but many
fulfilled the membership requirements of the European Union and
even adopted avant-garde neoliberal reforms like the flat tax and
pension privatization. Neoliberalism in the postcommunist countries
went farther and lasted longer than expected, but why? Unlike
pre-existing theories based on domestic political-economic
struggles, this book focuses on the imperatives of re-insertion
into the international economy. Appel and Orenstein show how
countries engaged in 'competitive signaling', enacting reforms in
order to attract foreign investment. This signaling process
explains the endurance and intensification of neoliberal reform in
these countries for almost two decades, from 1989-2008, and its
decline thereafter, when inflows of capital into the region
suddenly dried up. This book will interest students of political
economy and Eastern European and Eurasian politics.
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