Does market liberalization promote democracy? The accepted answer from scholars, pundits, and politicians alike has been yes. However, the contributors to this innovative study of market reforms and political change in Mexico and the People's Republic of China argue that this easy equation is not only empirically uncertain but methodologically flawed. Using comparative contextual analysis, the contributors carefully identify the elective affinities between these two very different polities to reveal key variables that determine how markets will affect democracy, particularly law as the 'rudder of democracy' and the role of political culture in civil society.

Transition from central planning to a market economy, involving large-scale institutional change and reforms at all levels, is often described as the greatest social science experiment in modern times. As more than two decades have passed since the fall of the Berlin Wall and the collapse of the Soviet Union, it is now an excellent time to take stock of how the transition process has turned out for the economies that have moved on from socialism and the command economy. This new handbook assembles a team of leading experts, many of whom were closely involved in the transition process as policymakers and policy advisors, to explore the major themes that have characterized the transition process. After identifying the nature of initial conditions and the strengths and weaknesses of institutions, the varying paths and reforms countries have taken are fully analyzed – from the shock therapy, privatization or gradualism of the early years to the burning issues of the present including global integration and sustainable growth. Topics covered include the socialist system pre-transition, economic reforms, institutions, the political economy of transition, performance and growth, enterprise restructuring, and people and transition. The country coverage is also extensive, from the former socialist countries of the USSR and the satellite states of Central and Eastern Europe to the Asian countries of China, Vietnam and others. The rise of China as a key actor in the drama is chronicled, along with the emergence of a new, more confident, oil-rich Russia. The comparative prosperity of the Central European countries such as Poland and the Czech Republic is contrasted with the mixed fortunes of the former USSR, where some countries are stagnating while others boom. This Handbook of the Economics and Political Economy of Transition is the definitive guide to this new order of things in the former Communist world.

What the contributors to this volume offer is neither a romantic version of the course of Polish history nor a jubilant account of the recovery of national independence and political choice. Rather, they offer a variety of tough-minded analytic perspectives on what comes when "the party's over" - not just the PSPR but the celebration marking its downfall. They focus on Poland's movement toward an internationally competitive market economy, a political democracy in which plural interests compete, and the constitution of a civil society that both tolerates and ameliorates conflict. The multidisciplinary contributors include Jan Mujzel, Keith Crane, Benjamin Slay, Kazimierz Poznanski; Jan Bossak, Wojciech Bienkowski, Wlodzimierz Wesolowski, Edmund Wnuk-Lipinski, Adam Sarapata, Andrzej Sicinski, Piotr Lukasiewicz, Krzysztof Nowak, David S. Mason, Adrzej Rychard, Krzysztof Jasiewicz, Jack Bielasiak, Janusz Reykowski, Stanislaw Gebethner, Miroslawa Marody, Edmund Mokrzycki, and Michael D. Kennedy.

Political and Socio-Economic Change in the Middle East and North Africa examines the shortcomings of the economic development policies in the region before and after the Arab uprisings. Many MENA countries tried to pursue neoliberal policies to boost economic growth. However, the outcome was associated with rising and disproportionate unemployment among the youth and women. The focal point of the book is the role of gender and the ways in which policies translate into economic outcomes. Particular attention is paid to women's entrepreneurship, especially as owners of small and medium enterprises, which, as the authors argue, can potentially reduce unemployment and poverty for the population as a whole. The book offers perspectives on wholesome policies that take account of issues concerning gender and youth and, thus, contribute to lower unemployment and reduced poverty and inequity.

A much-needed examination of the impact of neo-liberalism in East Asia in the years since the 1997 to 1998 Asian Economic Crisis. These leading contributors tackle the nature of neo-liberalism, and the forces and institutions driving it. With fresh case studies of Indonesia, Thailand, South Korea, Malaysia, China and Vietnam, showing how domestic elites are critical to the ways in which the neo-liberal agenda is manifested, modified and rejected. They also engage with the key question of why there has been a dramatic restructuring of state and economic power, with some elements of domestic elites having been decimated, others reinventing themselves, while important new elements have been constituted. This book was previously published as a special issue of the leading Journal of Development Studies.

First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

A comparative study of the political economy of the transition from communism in East and Southeast Asian countries (China, North Korea, Vietnam, Laos and Cambodia), addressing the key theoretical questions generated from the debate between shock-therapists and gradualists. While accurately defining the pre-reform model, this book explores the causal variables that have contributed to reform efforts within Asia, examining the significance of the sequencing of political and economic transition and the interplay between politics and the economy in determining variations in transition outcomes. Comparing the 'real world' experiences of transition nations in communist Asia with Eastern Europe, prominent questions are brought to the fore; will market capitalism or market socialism prevail after the grand failure of communism? This book makes an important contribution to the political economy theory of comparative communist and post-communist studies and provides detailed analytical insights that will prove influential in future theoretical work.

Government and Markets is the first book to tackle systematically and in a multidisciplinary fashion the role of democratic governments during and after the transition from plan to market. The role of governments during the transformation is important for eliminating the obstacles and putting into place the conditions for the emergence of a viable market economy. Moreover, governments need to play a key role in establishing a political-legal order that promotes political liberties and economic freedom. In contrast to other literature on the transformation process in formerly planned systems, this volume focuses also on the creation of autonomous and accountable governments as part of the liberal economic order. Finally, the volume analyzes the role of the legal state in creating a competitive market economy. Government and Markets addresses itself to scholars, politicians policy makers interested in the establishment of a democratic, competitive order in formerly planned political economic systems.

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