Government and Markets

1. Front Matter

   Pages i-xiii

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2. Government and Markets: An Introduction

   • Bernard Steunenberg, Hendrikus J. Blommestein

   Pages 1-14

3. Markets and Government in Advanced Market Economies: Experiences and Lessons

   • Hendrikus J. Blommestein

   Pages 15-37

4. Democracy within Constitutional Limits

   • James M. Buchanan

   Pages 39-47

5. Democracy, Legal State, and Constitutional Change

   • Huib M. de Jong, Dick W. P. Ruiter

   Pages 49-69

6. Political Culture and Political Consolidation

   • Max Kaase

   Pages 71-114

7. The Economic Role of Government

   • Rolf Alter

   Pages 115-128

8. The Role of Government Institutions in the Process of Privatization

   • Paul G. Hare, Anna Canning, Timothy Ash

   Pages 129-157

9. Property Rights, Institutions, and Market Reform

   • Holger Schmieding

   Pages 159-173

10. Privatization in Hungary: Implementation Issues and Local Government Complications

    • Laurence J. O’Toole Jr.

    Pages 175-194

11. Competition Policy and Privatization: An Organizational Perspective

    • James Langenfeld, Dennis A. Yao

    Pages 195-218

12. The Role of Banks and Financial Markets in the Process of Privatization

    • Tad M. Rybczynski

    Pages 219-229

13. Monetary and Fiscal Management During the Transformation

    • George Kopits

    Pages 231-246

14. Financial Sector Reforms: Banking, Securities, and Payments

    • Timothy D. Lane

    Pages 247-267

15. Labor in Transition to a Market Economy

    • Cees van Beers, Jules Theeuwes

    Pages 269-290

16. Financial Management in the Health Sector

    • Peter B. Boorsma, Ron J. H. A. Crijns

    Pages 291-310

17. Back Matter

    Pages 311-321

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Government and Markets is the first book to tackle systematically and in a multidisciplinary fashion the role of democratic governments during and after the transition from plan to market. The role of governments during the transformation is important for eliminating the obstacles and putting into place the conditions for the emergence of a viable market economy. Moreover, governments need to play a key role in establishing a political-legal order that promotes political liberties and economic freedom. In contrast to other literature on the transformation process in formerly planned systems, this volume focuses also on the creation of autonomous and accountable governments as part of the liberal economic order. Finally, the volume analyzes the role of the legal state in creating a competitive market economy.
Government and Markets addresses itself to scholars, politicians policy makers interested in the establishment of a democratic, competitive order in formerly planned political economic systems.

• Institution
• Policy
• Privatization
• competition
• competition policy
• economy
• transformation
• transition

• Netherlands Centre for Security and Co-operation in Europe, University of Twente, The Netherlands

  Hendrikus J. Blommestein

• Faculty of Public Administration and Public Policy, University of Twente, The Netherlands

  Bernard Steunenberg

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