This book compares the experiences of structural adjustment in developing countries and the transition from centrally planned to market economies in the former socialist countries. It aims to query whether the market-led approach which has characterized both Structural Adjustment Programmes in developing countries and the transition from planned to market economies in the eastern block is likely to alleviate the stagnation caused by intervention.
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Max Spoor is Senior Lecturer in Development Economics at the Institue of Social Studies in The Hague, Europe's largest institution for post-graduate education and research in the field of Development Studies.
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