Der Zusammenbruch von Partei- und staatlicher Dominanz in Gesellschaft und Wirtschaft, überließ die Länder Osteuropas einer entmutigenden Herausforderung: sich hin zu einer kompetitiven Marktwirtschaft orientieren und zur gleichen Zeit die neuerreichte Demokratie zu festigen. Die...

Introduction: the art of engineering prosperity in unlikely places -- The tyranny of litanies -- Unpleasant truths about institutional and financial development -- The economics of chance: policy prescriptions as laundry lists -- The mechanics of failure and the secrets of success -- Ambitious...

Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....