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How Capitalism Was Built: The Transformation of Central and Eastern Europe, Russia, and Central Asia Paperback – August 27, 2007

ISBN-13: 978-0521683821 ISBN-10: 0521683823 Edition: 1st

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How Capitalism Was Built: The Transformation of Central and Eastern Europe, Russia, and Central Asia + Institutions, Transition Economies, And Economic Development (Political Economy of Global Interdependence)
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Product Details

  • Paperback: 372 pages
  • Publisher: Cambridge University Press; 1 edition (August 27, 2007)
  • Language: English
  • ISBN-10: 0521683823
  • ISBN-13: 978-0521683821
  • Product Dimensions: 9.1 x 5.9 x 0.8 inches
  • Shipping Weight: 1.1 pounds
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #1,111,741 in Books (See Top 100 in Books)

Editorial Reviews

Review

"Describing and assessing the course, successes, and failures of transforming the former Soviet Union and seven other countries into market economies, this study has no equals in comprehensiveness and specificity.... Highly recommended." - Choice

Book Description

How Capitalism Was Built tells the story of how the former communist countries in East and Central Europe, Russia, and Central Asia became market economies from 1989 to 2006. It discusses preconditions, political breakthroughs, and alternative reform programs. Three major chapters deal with the deregulation of prices and trade, price stabilization, and privatization.

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Most Helpful Customer Reviews

0 of 1 people found the following review helpful By Koo Tat Kee on January 27, 2014
Format: Paperback Verified Purchase
Lucid and comprehensive in coverage. The readers are guided to understand the many aspects of political and economic transitions of postcommunist countries and other transition economies alike.

It might be interesting to read this book with Acemoglu's "Why nations fail" in order to see how politics interact with economics in producing different economic and political outcomes.
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