Struggle and Hope: Essays on Stabilization and Reform in a Post-socialist Economy (Studies in Comparative Economic Systems)

by Janos Kornai

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This major book presents an objective and penetrating economic analysis of stabilization and reform in Eastern Europe, combined with a compassionate plea for individual rights and solidarity.

Janos Kornai - one of the most famous Hungarian economists of his generation - focuses on two main issues: first, the problems of stabilization and adjustment, which are painful but necessary conditions of sustainable growth and second, the reform of the 'premature welfare state' of Eastern European countries, which is disproportionately large in relation to the resources available and which was hitherto managed in a highly centralized, bureaucratic and paternalistic way.

Struggle and Hope goes beyond most other books on the transition process by placing considerable emphasis on the understanding of the ethical implications and the historical roots of each problem, and also the political conditions and consequences of change. Although economic efficiency is extremely important, it is not the exclusive criterion; ethical principles of individual sovereignty and solidarity must also receive particular attention.

Professor Kornai's insightful analysis will become required reading for all those concerned with the process of post-socialist transition.

  • ISBN10 1840641401
  • ISBN13 9781840641400
  • Publish Date 26 May 1999 (first published 15 December 1997)
  • Publish Status Active
  • Publish Country GB
  • Imprint Edward Elgar Publishing Ltd
  • Format Paperback
  • Pages 304
  • Language English