Very Good in Very Good dust jacket. Hardcover. 8vo. Edward Elgar Publishing. 2001. 336 pgs. DJ in excellent shape, unclipped and with no tears present. No ownership marks present. Text is clean and free of marks, binding tight and solid, boards clean with no wear present. Photos sent upon request. 630; Elgar Monographs; 1.1 x 9.3 x 6.2 Inches; 336 pages; The essays in this volume describe, analyze and compare the achievements and the failures of societies that adopted market-based economies within a democratic polity after a long period of communist rule (Russia and Eastern Europe) or military authoritarianism (Latin America). Together, they also trace the rocky course of liberal economic policies over the whole twentieth century. Area experts from various disciplines seek to establish the extent to which the historical experience of the several countries explains successful transitions as well as the less successful efforts to adapt institutions to the needs of a market economy. The papers further show the dilemmas faced in both Eastern Europe and Latin America in reconciling the efficiency benefits of market economies and the need to achieve or maintain socially acceptable patterns of income distribution among the strata of income receivers. In addition to the essays themselves, comments are provided to further explore specific issues. Researchers and students in economics, economic history, political science and regional studies, and others interested in the economics of transition to a market system will find this comprehensive collection an invaluable resource.
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