The Constitution and Socio-Economic Change. By Henry Rottschaefer. (Ann Arbor: University of Michigan Law School. 1948. Pp. xvi, 253. $3.50.)

1949 ◽  
Vol 43 (4) ◽  
pp. 817-818
Author(s):  
Carl Brent Swisher
Keyword(s):  
Economic Change ◽  
Law School ◽  
University Of Michigan ◽  
Ann Arbor

Out of the Red: Building Capitalism and Democracy in Postcommunist Europe. By Mitchell A. Orenstein. Ann Arbor: University of Michigan Press, 2001. 184p. $54.50 cloth, $22.95 paper.

2002 ◽  
Vol 96 (4) ◽  
pp. 859-860
Author(s):  
Ellen Comisso
Keyword(s):  
Eastern Europe ◽  
Economic Reform ◽  
Economic Change ◽  
University Of Michigan ◽  
Economic Shocks ◽  
Economic Adjustment ◽  
Ann Arbor

Nowadays, it is easy to forget just how pessimistic observers were in 1990 about the possibility of simultaneously introducing capitalism and competitive politics to the ex-socialist states of Eastern Europe. Often, debates seemed to hinge simply on which would subvert which, that is, whether the economic shocks of reform would destabilize democratic governments or whether populist appeals to the losers of economic adjustment would derail economic reform. That popularly elected government and systemic economic change could mutually reinforce each other seemed, at the time, to describe a fool's paradise. Yet now that the dust has begun to settle, this appears to have been exactly what happened.

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