How Long to Read Highway and Byways: Studies on Reform and Postcommunist Transition

How Long Does it Take to Read Highway and Byways: Studies on Reform and Postcommunist Transition?

It takes the average reader 4 hours and 20 minutes to read Highway and Byways: Studies on Reform and Postcommunist Transition by Janos Kornai

Assuming a reading speed of 250 words per minute. Learn more

Description

Hungarian economist Janos Kornai first used the metaphor of a single path to postsocialist transition in his earlier book, The Road to a Free Economy. The new metaphor that frames this collection of eight recent studies reflects a broader perspective and understanding of the complexities of transition: every highway and byway leads eventually to capitalism, Kornai observes, but to what kind, how fast, and at what cost? Who wins and who loses? Kornai draws from his experiences of Hungarian reform as well as from countries of the former Soviet Union to make several major points. The first three studies describe what went wrong in countries that tried to mix elements of planned and market economies. Efforts made by communist countries to introduce market socialism (the "middle road") contained an inherent contradiction between the logic of socialism and the logic of a free enterprise system, and were doomed to failure. In the studies that follow, Kornai analyzes the on-going dilemmas. The transition from communism to free enterprise is filled with daunting hurdles; it requires no less than redefining ownership, changing values concerning the distribution of wealth, transferring the control of political power, creating financial institutions and enforcing financial discipline, and making deep economic sacrifice. Kornai closes with an overall survey of postsocialist transition, describing the stages that countries tend to go through, that will be particularly useful to scholars of comparative economic systems.

How long is Highway and Byways: Studies on Reform and Postcommunist Transition?

Highway and Byways: Studies on Reform and Postcommunist Transition by Janos Kornai is 260 pages long, and a total of 65,000 words.

This makes it 88% the length of the average book. It also has 79% more words than the average book.

How Long Does it Take to Read Highway and Byways: Studies on Reform and Postcommunist Transition Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 55 minutes to read Highway and Byways: Studies on Reform and Postcommunist Transition aloud.

What Reading Level is Highway and Byways: Studies on Reform and Postcommunist Transition?

Highway and Byways: Studies on Reform and Postcommunist Transition is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Highway and Byways: Studies on Reform and Postcommunist Transition?

Highway and Byways: Studies on Reform and Postcommunist Transition by Janos Kornai is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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