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CSPAN2 Book TV December 31, 2012

That actually allowed the market to be efficient at all. When did this change occur from centralized next . Most of these countries, the late developed countries, they underwent a period where they had to actually involve the masses in order to gain support. And legitimacy. When this process, for a variety of reasons began to create problems for the regimes in power, and when external support and pressure for some of these regimes and for some of the directions that were unable at the time moving towards a market economy around the 1980s took place, you saw a lot of these third world regimes, or the global south, begin to move from a central economy to more market oriented economy and the International Financial institutions like the imf and the world bank played a role in doing so, because they would literally place condition now is on loans. The conditionality and called moving markets into the economy. What role does t ....

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