Why perestroika failed
the politics and economics of socialist transformation
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Word Count
49,750 words, Guess
Page Count
199 pages
Identifiers
- Open LibraryOL1715691M
- ISBN-100415085144
- OCLC Control Number52200540
- OCLC Control Number26053957
- OCLC Control Numberwhyperestroikafa00boet
and 3 more
- Library of Congress Control Number92018067
- Goodreads1646716
- LibraryThing2314214
Classifications
- DDC338.947
- LCCHC336.26 .B64 1993
Description
Gorbachev's reforms brought high hopes in the West and empty shelves in the East. Why Perestroika Failed argues that successful reform is only possible on the basis of a sound understanding of market and political processes. Using an Austrian market process approach to analyse the economics of the Soviet system, and a public choice one to sound understanding of market and political address the political dimension, Boettke argues that Gorbachev's reforms were always destined to fail. In part perestroika failed because it was never really implemented. But nonetheless, even if all the major proposals and decrees had been scrupulously adhered to, they would not have produced the structural changes necessary to revive the former Soviet economy. Knowing why perestroika failed is crucially important as the former Soviet republics and East and Central Europe try and chart a new course.
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- Why perestroika failed: the politics and economics of socialist transformation
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