By: Max Spoor
182 pages, Tabs
By comparing a series of case studies of agrarian transformation from developing countries (LDCs) and former socialist economies, the book shows the similarities between structural adjustment programmes (SAP) in LDCs, and market transition strategies (MTS) in the transitional countries. It demonstrates that, in the adjustment processes, the crucial links between macro, sectoral and micro transformations are mostly missing. With many important lessons to be learnt, The `Market Panacea' is of interest to economists, planners, and all those active in development issues.
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