Adjusting to reality: beyond "state veresus market" in economic development c.2

By:

Klitgaard, Robert

Material type: Text

TextPublication details: New Delhi; Tata McGraw - Hill; 1993Description: 303 pISBN:

74622048

Subject(s):

Developing Countries- Economic policy

DDC classification:

338.9 KLI

Summary: Bribes, tribes, and markets that fail... These three go hand in hand in countries struggling to switch from a state-controlled economy to the free market, according to Robert Klitgaard. More than fifty countries in Eastern Europe, Africa, Asia, and Latin America are attempting that switch so-called structural adjustment. It's nothing less than a worldwide economic revolution, and now the time has come for Adjusting to Reality. In the developing world, corrupt governments, ethnic strife, and weak markets are the reality. And where markets are flawed, even economic reform does not automatically improve the lives of peasants, the urban poor, or oppressed ethnic and religious minorities. In fact, when countries attempt to decentralize, allow freer trade, and improve flows of information, some problems become more apparent, not less.

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Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	338.9 KLI (Browse shelf(Opens below))	Available		57560

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Previous	338.9 KHA Current problems of Indian economy	338.9 KHU Managing the Indian economy	338.9 KHU Unfinished agenda: India and the world economy	338.9 KLI Adjusting to reality: beyond "state veresus market" in economic development	338.9 KUR Development : where do we go from here ?	338.9 KUZ Economic growth and structure: selected essays	338.9 MAH Social, economic and political development in India: leading issues and emerging crises	Next

Bribes, tribes, and markets that fail... These three go hand in hand in countries struggling to switch from a state-controlled economy to the free market, according to Robert Klitgaard.
More than fifty countries in Eastern Europe, Africa, Asia, and Latin America are attempting that switch so-called structural adjustment. It's nothing less than a worldwide economic revolution, and now the time has come for Adjusting to Reality.
In the developing world, corrupt governments, ethnic strife, and weak markets are the reality. And where markets are flawed, even economic reform does not automatically improve the lives of peasants, the urban poor, or oppressed ethnic and religious minorities. In fact, when countries attempt to decentralize, allow freer trade, and improve flows of information, some problems become more apparent, not less.

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