Market Failure by Martin Summers and Lazlo Andor http://www.amazon.co.uk/Market-Failure-Eastern-Europes-Economic/dp/0745308856 Contributor Laszlo Andor and editor Martin Summers review the implementation of economic reforms in Eastern Europe. They present a strong critical analysis of the effect of economic reforms on the people in the post Soviet bloc countries. In great detail, they cover the fight to implement Western financial investment policies in order to break communist political legacies. The authors express their dissatisfaction with the results of reforms in the last decade. This is an important book for individuals who want another perspective on the rush to implement western financial policies globally. However, the book assumes some strong background knowledge of the regionâs political history and the financial concept of globalization.
About the Authors Laszlo Andor was a lecturer at the Budapest University of Economic Sciences. Martin Summers is a former East European Desk Officer for the Catholic Fund for Overseas Development and East European Project Worker at the New Economics Foundation.
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