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4) Read "Seven Things I Learned about Transition from Communism" by Andrei Shleifer found
here. a) According to Shleifer, who dominated politics in many of the transitioning countries? b)
Why does Shleifer not Eelieve that incentives by themselves are sufficient for countries to
benefit from a market economy? c) Shleifer contends that the economic transition evolved
similarly in all countries. What transition led to more distinct outcomes?

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4) Read Seven Things I Learned about Transition from Communism by A.pdf

  • 1. 4) Read "Seven Things I Learned about Transition from Communism" by Andrei Shleifer found here. a) According to Shleifer, who dominated politics in many of the transitioning countries? b) Why does Shleifer not Eelieve that incentives by themselves are sufficient for countries to benefit from a market economy? c) Shleifer contends that the economic transition evolved similarly in all countries. What transition led to more distinct outcomes?