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The Emergence and Evolution of Markets

By Horst Brezinski (Editor), Michael Fritsch (Editor)
Hardcover
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By Horst Brezinski (Editor), Michael Fritsch (Editor)
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The Emergence and Evolution of Markets examines the development of markets based on empirical examples from Western economies and from the post-socialist economies of Eastern Europe. It provides an historical dimension to the present problems of transition.

The Emergence and Evolution of Markets clearly demonstrates that liberalization, privatization and changes to formal institutions are not in themselves sufficient to create a successful market economy. In the first part, there is an analy...

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