Kornai János: Struggle and Hope. Essays on Stabilization and Reform in a Post-Socialist Economy (Cheltenham, 1997) / angol nyelven

STRUGGLE and HOPE This major new 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. János 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 states’ of Eastern European countries, which are disproportion­ately large in relation to the resources available and which were 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.

Next