Market Failure: A Guide to Eastern Europe's Economic Miracle - Softcover

Andor, Laszlo; Summers, Martin

 
9780745308852: Market Failure: A Guide to Eastern Europe's Economic Miracle

Synopsis

During the 1980s, there was increasing pressure exerted on various Eastern European societies to "structurally adjust" their economies to the international market. The authors of this text argue that this process did not deliver any of the benefits which were promised - rather a structural economic crisis has been transmitted to the region. Why is this reform process failing? Starting from a non-technical viewpoint, the theoretical and practical inadequacies of present policies are analyzed, providing pointers to the kinds of policies which might provide a more rational alternative.

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Other Popular Editions of the Same Title

9780745308869: Market Failure: A Guide to Eastern Europe's Economic Miracle

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ISBN 10:  0745308864 ISBN 13:  9780745308869
Publisher: Pluto Press, 1998
Hardcover