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Struggle and Hope - Essays on Stabilization and Reform in a Post-socialist Economy (Paperback, New edition)
Loot Price: R1,102
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Struggle and Hope - Essays on Stabilization and Reform in a Post-socialist Economy (Paperback, New edition)
Series: Studies in Comparative Economic Systems series
Expected to ship within 12 - 17 working days
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This major book presents an objective and penetrating economic
analysis of stabilization and reform in Eastern Europe, combined
with a compassionate plea for individual rights and solidarity.
Janos Kornai - one of the most famous Hungarian economists of his
generation - focuses on two main issues: first, the problems of
stabilization and adjustment, which are painful but necessary
conditions of sustainable growth and second, the reform of the
'premature welfare state' of Eastern European countries, which is
disproportionately large in relation to the resources available and
which was hitherto managed in a highly centralized, bureaucratic
and paternalistic way. Struggle and Hope goes beyond most other
books on the transition process by placing considerable emphasis on
the understanding of the ethical implications and the historical
roots of each problem, and also the political conditions and
consequences of change. Although economic efficiency is extremely
important, it is not the exclusive criterion; ethical principles of
individual sovereignty and solidarity must also receive particular
attention. Professor Kornai's insightful analysis will become
required reading for all those concerned with the process of
post-socialist transition.
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