Market Failure, State Failure, Institutions, and Historical Constraints in the East European Transition
Abstract
This paper attempts to extend these arguments to the way in which the transition in the Soviet bloc has been conceived. We first review some of the questionable approaches to the role of the market that underpins so much thinking about the transition. We then attempt to situate the transition in a broader historical perspective before finally suggesting that recent attempts to learn from 'the mistakes' of the early transition years reflect a far less substantial rethinking than is actually necessary. Much transitology still bears all the hallmarks of belief in a theory 'in the face of commanding evidence to the contrary'. [ABSTRACT FROM AUTHOR] (Ebsco)Citation
Journal of European Area Studies, 10(1): 110-129Publisher
Oxford: Carfax PublishingJournal
Journal of European Area StudiesAdditional Links
https://www.tandfonline.com/doi/abs/10.1080/14608460220148464Type
Journal articleLanguage
enISSN
146084641469946X
ae974a485f413a2113503eed53cd6c53
10.1080/14608460220148464