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Theoretical and Applied Economics
No. 10 / 2010 (551)

The Orient's Inneism

„The birth (and rebirth) of capitalism in the Orient resembles a child gifted by the gods to experience all the crises of growing up, together with meeting his school chores and the obligations of being the unique heir of the paternalist tradition.”


The experience of post-communist countries in approximating the pro-capitalist path has, essentially, the consistency of an experiment. Simply by referring to the developments structured on a theory contained in the Washington Consensus, witnessing the condition of the transformations is easy.

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