How capitalism was built : the transformation of Central and Eastern Europe, Russia, the Caucasus, and Central Asia / Anders Åslund.

By:

Åslund, Anders, 1952-

Material type: Text

TextPublication details: Cambridge : Cambridge University Press, 2012.Edition: 2nd edDescription: 1 online resourceContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781139776875
1139776878
9781139207850
1139207857
9781139779913
1139779915
1139782908
9781139782906
9781283741477
1283741474

Subject(s): Genre/Form:

Electronic books.

Additional physical formats: Print version:: How capitalism was built.DDC classification:

330.9470009/049 23

LOC classification:

HC336.27 .A8395 2012eb

Other classification:

BUS068000

Online resources:

Click here to access online

Contents:

Introduction : a world transformed -- 1. Communism and its demise -- 2. Radical reform versus gradualism -- 3. Output : from slump to recovery and boom -- 4. Liberalization : the creation of a market economy -- 5. From hyperinflation to financial stability -- 6. Privatization : the establishment of private property rights -- 7. The social system -- 8. The politics of transition -- 9. From crime toward law -- 10. The importance of the European Union -- 11. The global financial crisis, 2007-2012 -- Conclusions : a world transformed.

Summary: "Anders Åslund is known for making bold predictions, which initially arouse controversy but become common wisdom a few years later. He foresaw the collapse of the Soviet Union in his book Gorbachev's Struggle for Economic Reform (1989). He depicted the success of Russia's market transformation in How Russia Became a Market Economy (1995), when others saw little but chaos. After Russia's financial crisis of 1998, ijlund insisted that Russia had no choice but to adjust to the world market (Building Capitalism, 2002), although most observers declared the market economic experiment a failure. - Why did not Russia choose Chinese gradual reforms? - Why are the former Soviet countries growing much faster than the Central European economies? - How did the oligarchs arise? - Where are the postcommunist countries heading? These are just some of the questions answered in his new book How Capitalism Was Built which tells the story how all but three of twenty-one former communist countries were transformed into market economies from 1989 to 2011, but less than half of them became democracies. Anybody who wants to understand the often confusing dramas unfolding in the region and to obtain an early insight into the future will find this book useful and intellectually stimulating"-- Provided by publisher.

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Item type	Home library	Collection	Call number	Materials specified	Status	Date due	Barcode
Electronic-Books	OPJGU Sonepat- Campus	E-Books EBSCO			Available

"Anders Åslund is known for making bold predictions, which initially arouse controversy but become common wisdom a few years later. He foresaw the collapse of the Soviet Union in his book Gorbachev's Struggle for Economic Reform (1989). He depicted the success of Russia's market transformation in How Russia Became a Market Economy (1995), when others saw little but chaos. After Russia's financial crisis of 1998, ijlund insisted that Russia had no choice but to adjust to the world market (Building Capitalism, 2002), although most observers declared the market economic experiment a failure. - Why did not Russia choose Chinese gradual reforms? - Why are the former Soviet countries growing much faster than the Central European economies? - How did the oligarchs arise? - Where are the postcommunist countries heading? These are just some of the questions answered in his new book How Capitalism Was Built which tells the story how all but three of twenty-one former communist countries were transformed into market economies from 1989 to 2011, but less than half of them became democracies. Anybody who wants to understand the often confusing dramas unfolding in the region and to obtain an early insight into the future will find this book useful and intellectually stimulating"-- Provided by publisher.