The Perilous Road to the Market: The Political Economy of Reform in Russia, India and China (Paperback)
  • The Perilous Road to the Market: The Political Economy of Reform in Russia, India and China (Paperback)
zoom

The Perilous Road to the Market: The Political Economy of Reform in Russia, India and China (Paperback)

(author)
£27.99
Paperback 320 Pages / Published: 20/09/2002
  • Publisher out of stock

Currently unavailable to order

This product is currently unavailable.

  • This item has been added to your basket
This book examines the economic transformation of three of the largest countries in the world - Russia, China and India. Jha traces the problems that each country has faced and argues that the process of economic transformation is highly unpredictable as its success depends upon the individual economic and political history of each country. Jha reveals the problems inherent in conventional analyses of economic transition, which are all based upon a single macro-economic model developed by the World Bank and IMF, dubbed the Washington consensus. The premise of the Washington consensus is that markets are a natural extension of man's propensity to 'truck and barter', and that one has only to remove the state from the sphere of the economy for a market economy to emerge in a very short time. Jha argues that this model is excessively simplistic because a market is not natural - it is a man-made institution. In Russia and, less obviously, in China, the pace of reform has outstripped the creation of the market economy. India, by contrast, had few changes to make but - due to lack of political will - reform has been very slow. Jha concludes that there can be no single strategy or set time frame for economic transition, and the state has a crucial role to play.

Publisher: Pluto Press
ISBN: 9780745318516
Number of pages: 320
Weight: 454 g
Dimensions: 215 x 135 x 18 mm

You may also be interested in...

Respect Yourself
Added to basket
£9.99
Paperback
Capitalism in the Web of Life
Added to basket
The Globalization Paradox
Added to basket
Earthly Necessities
Added to basket
Capitalism and Freedom
Added to basket
Capitalism: A Very Short Introduction
Added to basket
Why Capitalism?
Added to basket
False Dawn
Added to basket
£8.99
Paperback
The Truth About Markets
Added to basket
£14.99
Paperback
The Shape of a Pocket
Added to basket
The Enigma of Capital
Added to basket
Zombie Capitalism
Added to basket
£12.99
Paperback
Capitalism and slavery
Added to basket

Please sign in to write a review

Your review has been submitted successfully.