For many years a neglected figure, Nikolai Bukharin has recently been the subject of renewed interest in the West. Now regarded as a leading Marxist theorist, Bukharin's work has wide appeal to those interested in Soviet history and Marxist economics as well as to those concerned with theories of development and socialist economies.

The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.

For many years a neglected figure, Nikolai Bukharin has recently been the subject of renewed interest in the West. Now regarded as a leading Marxist theorist, Bukharin's work has wide appeal to those interested in Soviet history and Marxist economics as well as to those concerned with theories of development and socialist economies.

Countries covered in the empirical case studies are Russia, Estonia, Poland, the Czech and Slovak republics, the former East Germany, Hungary, and Bulgaria.

Transition Economies provides students with an up-to-date and highly comprehensive analysis of the economic transformation in former communist countries of Eastern and Central Europe and countries of the former Soviet Union. With coverage extending from the end of central planning to the capitalist varieties of the present, this text provides a comparative analysis of economic transformation and political-economic diversity that has emerged as a direct result. It covers differences between countries in terms of economic performance and integration into the world economy. Transition Economies seeks to explain and deepen understanding of these differences, chart the emerging forms of capitalism there, and provide country responses to the world financial crisis of 2008-2009.

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Following the death of Kim Jong Il, North Korea has entered a period of profound transformation laden with uncertainty. This authoritative book brings together the world's leading North Korea experts to analyze both the challenges and prospects the country is facing. Drawing on the contributors' expertise across a range of disciplines, the book examines North Korea's political, economic, social, and foreign policy concerns. Considering the implications for Pyongyang's transition, it focuses especially on the transformation of ideology, the Worker's Party of Korea, the military, effects of the Arab Spring, the emerging merchant class, cultural infiltration from the South, Western aid, and global economic integration. The contributors also assess the impact of North Korea's new policies on China, South Korea, the United States, and the rest of the world. Comprehensive and deeply knowledgeable, their analysis is especially crucial given the power consolidation efforts of the new leadership underway in Pyongyang and the implications for both domestic and international politics. Contributions by: Nicholas Anderson, Charles Armstrong, Bradley Babson, Victor Cha, Bruce Cumings, Nicholas Eberstadt, Ken Gause, David Kang, Andrei Lankov, Woo Young Lee, Liu Ming, Haksoon Paik, Kyung-Ae Park, Terence Roehrig, Jungmin Seo, and Scott Snyder.

Since the forced resignation of Todor Zhivkov in November of 1989, Bulgaria's transition to democracy has been marked by good beginnings ending in frustration or disappointment. It has avoided the violent ethnic confrontations that have characterized much of the "post-Communist" Balkans, but has also seen the development of an influential criminal

'One of the most powerful books in the social sciences ever written. ... A must-read' Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi's hugely influential work is a passionate call to protect our common humanity. 'Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative' Guardian 'Polanyi exposes the myth of the free market' Joseph Stiglitz With a new introduction by Gareth Dale