ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Strategies for a Viable Transition-Lessons from the Political Economy of Renewal

Lessons from the Political Economy of Renewal Alice Amsden Michael Intriligator Robert Mclntyre Lance Taylor The poor economic performance and the resulting political instability of the post-socialist countries have stemmed from copying the wrong capitalist model voluntarily or otherwise. Until they learn from both their own past and the experience of successful late-industrialisers and piece together their own sensible policies, specifically geared to their current status, their efforts to restructure and to make a transition to a market economy will continue to sputter.

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