Why Perestroika Failed

Why Perestroika Failed

Author: Peter J Boettke
Publisher: Taylor & Francis
Edition: 1
Published date: 1993
ISBN: 9780415085144

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Perestroika was acclaimed in the west but brought empty shelves in the east. Why Perestroika Failed argues that this was inevitable because it was not based on a sound understanding of market and political processes. Even if the perestroika programme had been carried out to the full it would have failed to bring about the structural changes necessa

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