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Essay

Whence Reform? A Critique Of The Stiglitz Perspective

Essay specific features

 

Issue:

Business

 

Written by:

Beverly G

 

Date added:

August 24, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

54 / 15097

 

Was viewed:

5102 times

 

Rating of current essay:

 
Essay content:

Although some of the points Stiglitz makes are important for understanding what has happened in the transition, this paper argues that his perspective mis-interprets the key facts of the Chinese transition, misdescribes the facts of the Russian transition and fails to consider the theoretical and policy implications of the success of a “third model”, which is represented by some Central European and Baltic transitions...
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Introduction. That the transition from communism is largely over can be seen in the fact that the battle over its historical interpretation has begun1. An early salvo in this battle has been fired by Joseph Stiglitz [1999a and 1999b], at the time Senior Vice-President of the World Bank, in a blistering attack aimed at both the Washington consensus (of the IMF, World Bank and US Treasury) which, he claims, foisted tragically mistaken policies on the countries emerging from communism, and at unnamed ‘western advisers’ who misunderstood both the true nature of capitalism and the nature of the reform process...
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General issues of this essay:
Policy Proposal for Economic Reform in Russia China's Economic Growth Due To Recent Foreign Policies Chinese Economic Reform Under Communist Rule India Economic Reform Rapid Economic Growth In East Asian Countries Stiglitz And Financial Markets The Development Of Private Enterprises In China’S Economic Reform Process – A Case Study Of The Yantai North Andre Group Juice Co., Ltd. Whence Reform? A Critique Of The Stiglitz Perspective 30 Years Of China's Reform And Open Up Chinese Economic Reform Chinese economic reform Economic Education Reform in the United States Further option for china's farmland reform(chinese translation included) Some Effects of Rapid Population Growth What are the Problems Associated with Rapid Urban Growth?
 

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