How Capitalism Was Built by Anders Åslund
The Transformation of Central and Eastern Europe, Russia, and Central Asia
A concise analysis of the post-communist transition in Central and Eastern Europe, Russia, and Central Asia, arguing that rapid liberalization, stabilization, and privatization—paired with institution building and openness—built market economies faster than widely assumed. It contrasts successful reformers with laggards, examining the roles of state capture, oligarchs, and rule-of-law deficits, and reassesses debates over “shock therapy.” The narrative distills policy lessons on macroeconomic stabilization, property rights, and integration with global markets.
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- Published
- 2007
- Nationality
- British
- Length
- Moderate
- Pages
- 350-450
- Original Language
- English
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- Alternate Titles
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