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Liberalization and its Consequences - A Comparative Perspective on Latin America and Eastern Europe (Hardcover)
Loot Price: R3,960
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Liberalization and its Consequences - A Comparative Perspective on Latin America and Eastern Europe (Hardcover)
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The essays in this volume describe, analyse and compare the
achievements and the failures of societies that adopted
market-based economies within a democratic polity after a long
period of communist rule (Russia and Eastern Europe) or military
authoritarianism (Latin America). Together, they also trace the
rocky course of liberal economic policies over the whole twentieth
century. Area experts from various disciplines seek to establish
the extent to which the historical experience of the several
countries explains successful transitions as well as the less
successful efforts to adapt institutions to the needs of a market
economy. The papers further show the dilemmas faced in both Eastern
Europe and Latin America in reconciling the efficiency benefits of
market economies and the need to achieve or maintain socially
acceptable patterns of income distribution among the strata of
income receivers. In addition to the essays themselves, comments
are provided to further explore specific issues. Researchers and
students in economics, economic history, political science and
regional studies, and others interested in the economics of
transition to a market system will find this comprehensive
collection an invaluable resource.
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