Beyond the Miracle of the Market: The Political Economy of Agrarian Development in Kenya

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Beyond the Miracle of the Market: The Political Economy of Agrarian Development in Kenya by Robert H. Bates, 9780521852692
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  • ISBN: 9780521852692 | 0521852692
  • Cover: Hardcover
  • Copyright: 5/9/2005

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As capitalism defeated socialism in Eastern Europe, the market displaced the state in the developing world. Robert Bates focuses on Kenya, a country that continued to grow while others declined in Africa, and criticizes the neo-classical turn in development economics. Attributing Kenya's exceptionalism to its economic institutions, Bates relates its subsequent economic decline to the change from the Kenyatta to the Moi regime--and the subsequent use of the power of economic institutions to redistribute rather than to create wealth.
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