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Beyond the Miracle of the Market: New Edition

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The book examines the transition from socialism to capitalism in Eastern Europe and its effects on developing nations, specifically focusing on Kenya's unique economic trajectory. Robert Bates critiques neo-classical development economics, attributing Kenya's initial growth to its strong economic institutions. However, he argues that the shift from the Kenyatta to the Moi regime led to a decline, as economic institutions were repurposed for wealth redistribution rather than wealth creation, ultimately impacting the country's economic stability.

Acquisto del libro

Beyond the Miracle of the Market: New Edition, Robert H. Bates

Lingua
Pubblicato
2005
Rilegatura
(Copertina rigida),
Condizioni del libro
In buone condizioni
Prezzo
23,99 €

Metodi di pagamento

Titolo
Beyond the Miracle of the Market: New Edition
Lingua
Inglese
Pubblicato
2005
Formato
Copertina rigida
Pagine
226
ISBN10
0521852692
ISBN13
9780521852692
Serie
Descrizione
The book examines the transition from socialism to capitalism in Eastern Europe and its effects on developing nations, specifically focusing on Kenya's unique economic trajectory. Robert Bates critiques neo-classical development economics, attributing Kenya's initial growth to its strong economic institutions. However, he argues that the shift from the Kenyatta to the Moi regime led to a decline, as economic institutions were repurposed for wealth redistribution rather than wealth creation, ultimately impacting the country's economic stability.