Where is Socialism Heading? -- Theory and Evidence of Economic System Transformation

Author: Joseph E. Stiglitz (USA), Zhou Liqun, et al.
Publisher:
Publish Date: 1999-09-01
Features: "Pascha Dasgupta, a professor of economics at Cambridge University, commented on this book by noting that Stiglitz's innovation lies in his introduction of the asymmetric problem in modern economics. In exploring this classical issue of real public organizations, the book employs this theoretical innovation to provide an interpretation. In terms of depth and breadth, the nourishment we can draw from this outstanding work is no less than what we gain from the works of contemporary most distinguished social thinkers. The book reflects the application of recent developments in economics to economic transition issues. It is an important theoretical work on the study of transition economies."