Liberalism and the Economic Order 9780521457248 (Paperback)

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Economic history

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Cambridge university press

Liberalism and the Economic Order : Cambridge University Press : 9780521457248 : 0521457246 : 10 Jul 1993 : With the collapse of Communist totalitarianism, the countries of Eastern Europe and the former Soviet Union face political instabililty and an uncertain economic future. The people of the region are struggling to emulate the success of the West by moving toward Western-style democracy and markets. The essays in this volume address the liberal transition currently underway. Some of them explore the models offered by political theorists to guide the course of reforms. Some discuss obstacles to change posed by existing attitudes, institutions, and cultural traditions. Some examine the nature of liberalism itself, and consider whether democratic politics and free-market economics can coexist without undermining one another. Some offer alternatives to specific Western institutions, arguing that in certain cases it would be unwise for the East to follow the West. Addressing

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