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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

Langue
Année de publication
2005
Reliure
(rigide),
État du livre
Bon
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23,99 €

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Titre
Beyond the Miracle of the Market: New Edition
Langue
Anglais
Publié
2005
Format
rigide
Pages
226
ISBN10
0521852692
ISBN13
9780521852692
Séries
Description
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.