Constructing a Market Economy: Diverse Paths from Central Planning in Asia and Europe

Constructing a Market Economy: Diverse Paths from Central Planning in Asia and Europe

by Richard Pomfret

Hardcover

$127.00
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Overview

Offering a cross-comparative study of the transition regimes of the countries formerly characterized by Soviet central planning, Pomfret (economics, U. of Adelaide) argues that the imposition of the Washington consensus has been a qualified success across the board. A major theme of the work is whether economists were able to accurately predict the economic behavior and results of the transition economies and whether they were able to learn from discrepancies. His analysis of this is surprisingly positive, although the arguments for the immediate benefits of mass privatization are noted to be deficient (in hindsight for Pomfret). Annotation c. Book News, Inc., Portland, OR

Product Details

ISBN-13: 9781840646863
Publisher: Elgar, Edward Publishing, Inc.
Publication date: 01/01/2002
Pages: 168
Product dimensions: 6.12(w) x 9.25(h) x (d)

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