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Beyond the Miracle of the Market: The Political Economy of Agrarian Development in Kenya / Edition 2
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Barnes and Noble
Beyond the Miracle of the Market: The Political Economy of Agrarian Development in Kenya / Edition 2
Current price: $33.99
Barnes and Noble
Beyond the Miracle of the Market: The Political Economy of Agrarian Development in Kenya / Edition 2
Current price: $33.99
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As capitalism defeated socialism in Eastern Europe, the market displaced the state in the developing world. Robert Bates focuses on Kenya, a country that continued to grow while others declined in Africa, and criticizes the neo-classical turn in development economics. Attributing Kenya's exceptionalism to its economic institutions, Bates relates its subsequent economic decline to the change from the Kenyatta to the Moi regimeand the subsequent use of the power of economic institutions to redistribute rather than to create wealth.