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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.

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

Idioma
Publicado en
2005
Encuadernación
(Tapa dura),
Estado del libro
Bueno
Precio
23,99 €

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Título
Beyond the Miracle of the Market: New Edition
Idioma
Inglés
Publicado en
2005
Formato
Tapa dura
Páginas
226
ISBN10
0521852692
ISBN13
9780521852692
Serie
Descripción
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.