Abstract
Marketizing reforms are often suggested as remedies for the problems that plague socialist economies. Introducing market reforms is a complex problem. This article examines the obstacles to such reforms. It employs an institutional-choice perspective to study the conditions that are necessary to make marketization effective and discusses the likely outcomes of incomplete marketization.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 53-64 |
| Number of pages | 12 |
| Journal | The ANNALS of the American Academy of Political and Social Science |
| Volume | 507 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jan 1990 |
All Science Journal Classification (ASJC) codes
- Sociology and Political Science
- General Social Sciences