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From Shock to Therapy

The Political Economy of Postsocialist Transformation

Grzegorz W Kolodko author

Format:Hardback

Publisher:Oxford University Press

Currently unavailable, and unfortunately no date known when it will be back

From Shock to Therapy cover

The great transformation undertaken by the countries of the former communist bloc exhibits immense diversity–in terms of initial conditions, shifting target models, consistency, paths, speed, progress to date, and economic performance. This is the first comprehensive study of the economics and politics of postsocialism to be written by an author so deeply–and so successfully–involved in the reform process. Many people writing on the reform process offer advice that is not really credible; as a member of the Polish government, and architect of the successful Polish reform, Grzegorz Kolodko actually solved many of the difficulties of transition, which allows him to come forward here with policy proposals and long-term forecasts. The treatment of the transition from plan to market as a historical process is an important feature of the book. The author claims that there is no historical fatality–that sound policies in the present are more determining than the favourable or unfavourable legacies of the past. The aim is to create and maintain the conditions for sustainable growth and durable development.

worth having in one's library * SEER, Vol.79, No.3 *
this is one of the best treatments of the transformation process thus far available * SEER, Vol.79, No.3 *
His [Kolodko] analysis of the old system and where it went wrong under the megalomaniacal dominance of Soviet leaders is a valuable contribution to our understanding of the past and present in the region * SEER, Vol.79, No.3 *
provides a highly readable and sensible critique of the so-called 'Washington consensus' on the recipe for transformation of former Soviet-type economics * SEER, Vol.79, No.3 *

ISBN: 9780198297437

Dimensions: 242mm x 163mm x 29mm

Weight: 775g

470 pages