The Emergence and Evolution of Markets

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Horst Dieter Brezinski, Michael Fritsch
Edward Elgar, Jan 1, 1997 - Business & Economics - 226 pages
'This book could profitably be read by more than economists or specialists on Hungary. It does not require a sophisticated technical knowledge, and it goes well beyond a country study. What Kornai makes clear is that post communist transition is a process of worldwide significance to be explored with the whole array of tools provided by the social sciences.' - Marie Lavigne, Slavic Review '. . . the book can be recommended as a valuable attempt at rethinking transition economics. One may hope that further attempts in this direction will contribute to enriching economics itself.' - Philippe Fontaine, the Economic Journal the Emergence and Evolution of Markets examines the development of markets based on empirical examples from Western economies and from the post-socialist economies of Eastern Europe. It provides an historical dimension to the present problems of transition.

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Spotmarkets hierarchies networks and the problem of economic transition
List of figures
The concept of market from a historical point of view

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