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

Hungarian Kornai (economics, Harvard U.) analyzes stabilization and reform in eastern Europe and appeals for solidarity and individual rights. He characterizes the problems of stabilization and adjustment as painful but necessary conditions of sustainable growth, and the reforms of what he calls premature welfare states as disproportionately large in relation to the resources available. He emphasizes the ethical implications and historical roots of the problems and the political conditions and consequences of change. Annotation c. by Book News, Inc., Portland, Or.