Why Perestroika Failed

1st Edition

Peter J Boettke

Routledge
Published April 27, 2015
Reference - 208 Pages
ISBN 9781138880870 - CAT# Y179954

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Summary

Perestroika was acclaimed in the west but brought empty shelves in the east. Why Perestroika Failed argues that this was inevitable because it was not based on a sound understanding of market and political processes. Even if the perestroika programme had been carried out to the full it would have failed to bring about the structural changes necessary to transform what was the Soviet economy.

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