An Introduction to the Symposium

Howard Stein () and Steven Rosefielde ()
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Howard Stein: Department of Economics, Roosevelt University
Steven Rosefielde: Department of Economics, University of North Carolina

Eastern Economic Journal, 1999, vol. 25, issue 4, 379-387

Abstract: This paper presents an introduction to the EEJ symposium. It initially focuses on the problems that have arisen in the wake of the ascendancy of the neo-liberal model into the realm of international Policymaking. Liberalization, privatization, and stabilization have been introduced with little regard to the stages, history, organizational capabilities and institutional settings of individual developing and transitional economies. Although liberalization engenders shifts in political and economic power, the architects of reform have failed to concern themselves with the potential implications to social structures of countries. The introduction focuses on three issues that concatenate the papers in the symposium: problems with property rights, theoretical and practical problems with the stabilization model, and the weaknesses embedded in the theory underlying financial liberalization. In the conclusions, they briefly point the way to alternatives to orthodox reform.

JEL-codes: O10 P10 (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eej:eeconj:v:25:y:1999:i:4:p:379-387

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