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The fall of communism 25 years ago transformed the political and economic landscape in more than two dozen countries across Europe and Asia. In this volume political leaders, scholars and policymakers assess the lessons learned from the "great rebirth" of capitalism, highlighting the policies that were most successful in helping countries make the transition to stable and prosperous market economies, as well as those cases of countries reverting to political and economic authoritarianism. The authors of these essays conclude that visionary leadership, and a willingness to take bold and comprehensive steps, achieved the best outcomes, and that privatization of state-owned enterprises and deregulation were essential to success. Recent backsliding, such as the reversal of economic and democratic reforms in Russia and Hungary, has cast a shadow over the legacy of the transition a quarter century ago, however. This volume grew out of a two-day symposium of experts and practitioners reflecting on the past, present and future of reform, held in Budapest, Hungary, on May 6-7, 2014.
- Sales Rank: #308923 in Books
- Brand: Ingramcontent
- Published on: 2014-10-29
- Original language: English
- Number of items: 1
- Dimensions: 8.90" h x .70" w x 6.00" l, 1.10 pounds
- Binding: Paperback
- 320 pages
- The Great Rebirth Lessons from the Victory of Capitalism Over Communism
Review
...[P]rovides a good overview of the most momentous political development of the late twentieth century, allowing readers to compare the former Soviet states' early experiences with privatization, macroeconomic stabilization, and foreign trade and investment, as well as their later reforms dealing with taxes, pensions, and the rule of law. (Foreign Affairs)
About the Author
Anders Åslund was a senior fellow at the Peterson Institute for International Economics from 2006 to May 2015. He examined the economic policies of Russia, Ukraine, and Eastern Europe, as well as the broader implications of economic transition. Aslund served as an economic adviser to the governments of Russia in 1991-94 and Ukraine in 1994-97. He is a leading specialist on postcommunist economic transformation with more than 30 years of experience in the field.
Simeon Djankov, nonresident senior fellow at the Peterson Institute for International Economics, was deputy prime minister and minister of finance of Bulgaria from 2009 to 2013. In this capacity, he represented his country at the Ecofin meetings of finance ministers in Brussels. Prior to his cabinet appointment, Djankov was chief economist of the finance and private sector vice presidency of the World Bank. In his 14 years at the Bank, he worked on regional trade agreements in North Africa, enterprise restructuring and privatization in transition economies, corporate governance in East Asia, and regulatory reforms around the world. He is the founder of the World Bank's Doing Business project. He is author of Inside the Euro Crisis: An Eyewitness Account (2014) and principal author of the World Development Report 2002.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Must read for a macroeconomist, civil activist/politician or even a housewife - to not take the current CSE wellfare for granted
By Amazon Customer
As a translator of the official Ukrainian edition, I strongly recommend it for anybody who is looking for a summary of post-Soviet transition history, results and outlooks.
As to the quality, just a few hiccups (less than ten) have been noticed - fairly excellent for such for a huge volume of about dozen different authors.
0 of 2 people found the following review helpful.
Five Stars
By Danylo
Very informative
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