Building Capitalism: The Transformation of the Former Soviet Bloc

Building Capitalism: The Transformation of the Former Soviet Bloc

by Anders Aslund
     
 

ISBN-10: 0521801397

ISBN-13: 9780521801393

Pub. Date: 02/28/2008

Publisher: Cambridge University Press

This book offers the most comprehensive empirical analysis of the economic transformation of the countries comprising the former Soviet bloc during the first decade after communism. It debunks many myths, seeing transition as a struggle between radical reformers and those thriving on rent seeking. Privatization has undoubtedly been beneficial, and its positive effects…  See more details below

Overview

This book offers the most comprehensive empirical analysis of the economic transformation of the countries comprising the former Soviet bloc during the first decade after communism. It debunks many myths, seeing transition as a struggle between radical reformers and those thriving on rent seeking. Privatization has undoubtedly been beneficial, and its positive effects will grow over time. The main problem has been the continuation of large, unregulated and ubiquitous state apparatuses living on corruption, while no country has suffered from too radical reforms. Where malpractices of the elite can be checked, market reforms and democracy have proceeded together.

Product Details

ISBN-13:
9780521801393
Publisher:
Cambridge University Press
Publication date:
02/28/2008
Pages:
532
Product dimensions:
5.98(w) x 8.98(h) x 1.30(d)

Table of Contents

List of Tables and Charts
Acknowledgments
List of Abbreviations
Introduction1
1What Communism Actually Was20
2The Decline and Fall of Socialism39
3Strategic Policy Choices70
4Changes in Output and Their Causes113
5Liberalization159
6Financial Stabilization197
7Privatization255
8Social Developments and Policy304
9State and Politics in the Transformation348
10Role of the Outside World396
11Conclusions441
Bibliography457
Index491

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