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First published in 1998, this book analyses and reconsiders one of the great economic dramas of Western history, the march to capitalism in Russia, Hungary, Poland, and the Czech Republic. The period is from 1989, after the fall of the Berlin Wall, when the liberated countries rushed headlong into democracy and capitalism. Special emphasis is on the role, often misunderstood, played by the Western-dominated aid agencies, the International Monetary Fund and the World Bank. They were called in while the Western countries dawdled and made empty promises. They basically financed and guided the transition, their own funds amounting to $50 billion, while issuing free-market strictures in the process. This reflected the supremacy of such ideology in the Thatcher-Reagan era. Russia, in its agony, offers a laboratory for the conflicting claims of free-market theory against a more pragmatic, experimental approach. China's hybrid-capitalism is also analyzed and compared.
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- PublisherRoutledge
- Publication date2019
- ISBN 10 1138336475
- ISBN 13 9781138336476
- BindingHardcover
- Edition number1
- Number of pages176
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The March to Capitalism in the Transition Countries
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Taylor & Francis 2019-06-05, London
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Book Description Hardcover. Condition: Brand New. 188 pages. 8.78x5.91x0.51 inches. In Stock. Seller Inventory # __1138336475
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Michelman, I: The March to Capitalism in the Transition Coun
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Book Description Gebunden. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Irving S. MichelmanFirst published in 1998, this book analyses and reconsiders one of the great economic dramas of Western history, the march to capitalism in Russia, Hungary, Poland, and the Czech Republic. The period is from 1989, after the fall of. Seller Inventory # 595394810
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