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- 226 pages
- 8 hours of reading
More about the book
The book examines the transition from socialism to capitalism in Eastern Europe and its effects on developing nations, specifically focusing on Kenya's unique economic trajectory. Robert Bates critiques neo-classical development economics, attributing Kenya's initial growth to its strong economic institutions. However, he argues that the shift from the Kenyatta to the Moi regime led to a decline, as economic institutions were repurposed for wealth redistribution rather than wealth creation, ultimately impacting the country's economic stability.
Book purchase
Beyond the Miracle of the Market: New Edition, Robert H. Bates
- Language
- Released
- 2005
- Binding
- (Hardcover),
- Book condition
- Good
- Price
- €23.99
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- Title
- Beyond the Miracle of the Market: New Edition
- Language
- English
- Authors
- Robert H. Bates
- Publisher
- Cambridge University Press
- Released
- 2005
- Format
- Hardcover
- Pages
- 226
- ISBN10
- 0521852692
- ISBN13
- 9780521852692
- Series
- Categories
- Tags
- Politics, USA, Professional Literature, Local History, Africa, African American Literature, Development, Industry, Economic Policy, Political Economy, Kenya, Food Industry, Central Africa
- Description
- The book examines the transition from socialism to capitalism in Eastern Europe and its effects on developing nations, specifically focusing on Kenya's unique economic trajectory. Robert Bates critiques neo-classical development economics, attributing Kenya's initial growth to its strong economic institutions. However, he argues that the shift from the Kenyatta to the Moi regime led to a decline, as economic institutions were repurposed for wealth redistribution rather than wealth creation, ultimately impacting the country's economic stability.