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The Great Rebirth: Lessons from the Victory of Captialism over Communism

The fall of communism 25 years ago transformed the political and economic landscape in more than two dozen countries across Europe and Asia. In this volume political leaders, scholars and policymakers assess the lessons learned from the “great rebirth” of capitalism, highlighting the policies that were most successful in helping countries make the transition to stable and prosperous market economies, as well as those cases of countries reverting to political and economic authoritarianism. The authors of these essays conclude that visionary leadership, and a willingness to take bold and comprehensive steps, achieved the best outcomes, and that privatization of state-owned enterprises and deregulation were essential to success. Recent backsliding, such as the reversal of economic and democratic reforms in Russia and Hungary, has cast a shadow over the legacy of the transition a quarter century ago, however. This volume grew out of a two-day symposium of experts and practitioners reflecting on the past, present and future of reform, held in Budapest, Hungary, on May 6-7, 2014.

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Author: Anders Aslund

Editor/Translator: Anders Aslund, Simeon Djankov,

Binding: Paperback

Condition: New

Manufacturer: Institute for International Economics,U.S.

Number of items: 1

Number of pages: 320

Product group: Book

Studio: Institute for International Economics,U.S.

Publication Date: October 29, 2014

Publisher: Institute for International Economics,U.S.

Pages: 320

EAN: 9780881326970

ISBN: 0881326976

ASIN: 0881326976

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Simeon Djankov
Simeon Djankov, nonresident senior fellow at the Peterson Institute for International Economics, was deputy prime minister and minister of finance of Bulgaria from 2009 to 2013. In this capacity, he represented his country at the Ecofin meetings of finance ministers in Brussels. Prior to his cabinet appointment, Djankov was chief economist of the finance and private sector vice presidency of the World Bank.