Creating capitalism [electronic resource] : transitions and growth in post-Soviet Europe / Patricia Dillon, Frank C. Wykoff.
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TextPublication details: Cheltenham, U.K. ; Northampton, Mass. : Edward Elgar, c2002Description: 1 online resource (xiv, 328 p.) : ill., mapISBN: 9781843765561 (e-book)Subject(s): Capitalism -- Europe, Eastern | Capitalism -- Former Soviet republics | Europe, Eastern -- Economic conditions -- 1989- | Former Soviet republics -- Economic conditionsGenre/Form: Electronic books.Additional physical formats: No titleDDC classification: 338.947 LOC classification: HC244 | .D5 2002Online resources: Click here to access online | Item type | Current library | Call number | URL | Status | Date due | Barcode | Item holds |
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HC244 .D5 2002 (Browse shelf(Opens below)) | Link to resource | Available |
Includes bibliographical references and index.
pt. 1. Theoretical foundations -- pt. 2. Country chapters -- pt. 3. Appendices.
Employing historical analysis and building on growth theory and modern political economy, Dillon and Wykoff explain Soviet disintegration and analyze efforts to create capitalism in newly independent states. They show how five fundamental economic reforms generate growth, and use an original model to test the connections between reforms, elections and economic performance. The authors examine the progress of six countries (Bulgaria, Czech Republic, Estonia, Hungary, Russia and Slovakia) in terms of each country's history and its successful application of the five reforms. Anyone interested in how capitalism works and why pro-market reforms encounter resistance in spite of their potential for generating higher living standards will find this book essential reading.

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