Cookies on oxfam

We use cookies to ensure that you have the best experience on our website. If you continue browsing, we’ll assume that you are happy to receive all our cookies. You can change your cookie settings at any time. Find out more Accept

Feedback

Free returns

-

£3.95 standard UK delivery

-

All profits fight poverty

Keep up with Oxfam's Online Shop

© 2015. Oxfam is a registered charity in England and Wales (no 202918) and Scotland (SC039042). Oxfam GB is a member of Oxfam International.

The perilous road to the market

£4.99

Product description

This book examines the economic transformation of three of the largest countries in the world - Russia, China and India. Prem Shankar Jha traces the problems that each country has faced and argues that the process of economic transformation is highly unpredictable as its success depends upon the individual economic and political history of each country.

Jha reveals the problems inherent in conventional analyses of economic transition, which are all based upon a single macro-economic model developed by the World Bank and IMF, dubbed the Washington consensus. The premise of the Washington consensus is that markets are a natural extension of man's propensity to 'truck and barter', and that one has only to remove the state from the sphere of the economy for a market economy to emerge in a very short time.

Jha argues that this model is excessively simplistic because a market is not natural - it is a man-made institution. In Russia and, less obviously, in China, the pace of reform has outstripped the creation of the market economy. India, by contrast, had few changes to make but - due to lack of political will - reform has been very slow. Jha concludes that there can be no single strategy or set time frame for economic transition, and the state has a crucial role to play.

Item details

Author(s):
Prem Shankar Jha
Condition:
Fair
Dimensions:
215x135x18
EAN-13:
9780745318516
Format:
Paperback
ISBN-13:
9780745318516
Number of items:
1
Number of pages:
288
Publisher:
Pluto Press

Standard UK Delivery (£3.95 per order)

Ts and Cs
Delivery FAQs

Free returns

within 30 days.
Returns policy

About this item

This book examines the economic transformation of three of the largest countries in the world - Russia, China and India. Prem Shankar Jha traces the problems that each country has faced and argues that the process of economic transformation is highly unpredictable as its success depends upon the individual economic and political history of each country.

Jha reveals the problems inherent in conventional analyses of economic transition, which are all based upon a single macro-economic model developed by the World Bank and IMF, dubbed the Washington consensus. The premise of the Washington consensus is that markets are a natural extension of man's propensity to 'truck and barter', and that one has only to remove the state from the sphere of the economy for a market economy to emerge in a very short time.

Jha argues that this model is excessively simplistic because a market is not natural - it is a man-made institution. In Russia and, less obviously, in China, the pace of reform has outstripped the creation of the market economy. India, by contrast, had few changes to make but - due to lack of political will - reform has been very slow. Jha concludes that there can be no single strategy or set time frame for economic transition, and the state has a crucial role to play.

Author(s):
Prem Shankar Jha
Condition:
Fair
Dimensions:
215x135x18
EAN-13:
9780745318516
Format:
Paperback
ISBN-13:
9780745318516
Number of items:
1
Number of pages:
288
Publisher:
Pluto Press

Delivery & returns

This item will be dispatched to UK addresses via second class post within 7 working days of receipt of your order. Standard UK delivery is Standard UK delivery is £3.95 per order, so you're only charged once no matter how many items you have in your basket. Any additional courier charges will be applied at checkout as they vary depending on delivery address.

This item will be dispatched to UK addresses via second class post within 7 working days of receipt of your order. Standard UK delivery is currently free no matter how many items you have in your basket. Any additional courier charges will be applied at checkout as they vary depending on delivery address.

We offer a 30 day no quibble returns policy. You can find out more about delivery and returns in our help section. You have the option of a full refund or exchange for an alternative item from the range.


Volunteer listed

Wonder how this unique item ended up online?

Most of the second-hand items you see online have been donated, by supporters like you, to our high street stores. Each item is then priced, photographed and listed on this site by our amazing team of volunteers from across the country.

After you have bought your item, our team of volunteers package and dispatch it from the Shop straight to you or your chosen recipient.

All profits from the sales of our goods go towards funding Oxfam's work around the world. We rely on your donations to sell online so please keep the cycle of goodness going!

Oxfam Bookshop Cheltenham

Oxfam is the UK's largest second hand bookseller. Oxfam bookshops offer a wider selection of books than most shops, from modern fiction and leisure interest to more specialist subjects, classics, and rare or collectable books. We also sell a good selection of Fairtrade food and greetings cards. Come and browse!

View Shop