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Shvoong Home>Business & Economy>It>Market Failure Summary

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Market Failure

Book Abstract by: getAbstract    

Original Author: Laszlo Andor and Martin Summers
Contributor Laszlo Andor and editor Martin Summers review the implementation of economic reforms in Eastern Europe. They
present a strong critical analysis of the effect of economic reforms on the people in the post Soviet bloc countries. In great detail, they cover the fight to implement Western financial investment policies in order to break communist political legacies. The authors express their dissatisfaction with the results of reforms in the last decade. This is an important book for individuals who want another perspective on the rush to implement western financial policies globally. However, the book assumes some strong background knowledge of the region’s political history and the financial concept of globalization. getAbstract recommends this book to anyone who does business in Eastern Europe or who is intrigued by the politics of economic reform.
Published: April 20, 2009
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