This work focuses on major transitions in the 1990s: the transition from central planning and communism to market capitalism and the global integration of national financial systems.
This work focuses on major transitions in the 1990s: the transition from central planning and communism to market capitalism and the global integratio...
Economic Lessons from the Transition focuses on major transitions in the 1990s: the transition from central planning and communism to market capitalism and the global integration of national financial systems. The transitions were supposed to raise most peoples' standard of living; instead they dramatically worsened the lives of most people in the countries involved. While most attempts to explain this failure focus on policies, the authors of this book argue that failure of economic theory to fully understand these transitions has led to bad policies that made the transitions unnecessarily...
Economic Lessons from the Transition focuses on major transitions in the 1990s: the transition from central planning and communism to market capitalis...
