Democracy and the Market Political and Economic Reforms in Eastern Europe and Latin America

ISBN-10: 052142335X
ISBN-13: 9780521423359
Edition: 1991
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Description: The quest for freedom from hunger and repression has triggered in recent years a worldwide movement toward political democracy and economic rationality. Never have so many people experimented with democratic institutions. At the same time,  More...

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Book details

List price: $57.00
Copyright year: 1991
Publisher: Cambridge University Press
Publication date: 7/26/1991
Binding: Paperback
Pages: 228
Size: 5.25" wide x 8.50" long x 0.75" tall
Weight: 0.594
Language: English

The quest for freedom from hunger and repression has triggered in recent years a worldwide movement toward political democracy and economic rationality. Never have so many people experimented with democratic institutions. At the same time, traditional strategies of economic development have collapsed in Eastern Europe and Latin America and entire economic systems are being transformed on both continents. What should we expect in the countries that venture on the paths to democracy and markets? Will these transitions result in democracies or in new dictatorships? What economic system, new or old, will emerge? This major book analyzes recent events in Eastern Europe and Latin America, focusing on transitions to democracy and market-oriented economic reforms. The author underscores the interdependence of political and economic transformations and draws on extensive local data as part of his analysis. A distinctive feature of the book is that it employs models derived from politics, economics, and game theory. This book will be of particular interest to scholars and graduate students in political science and sociology.

Jon Elster is Professor of Rationalit� et sciences sociales at College de France, and Robert K. Merton Professor of Social Sciences at Columbia University. He is author of Closing the Books: Transitional Justice in Historical Perspective .

Introduction
A prologue: the fall of communism
Democracy
Transitions to democracy
Capitalism and socialism
The political dynamics of economic reform
References
Author index
Subject index

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