Applied Economics Journal

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Applied Economics Journal

ISSN 0858-9291

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Book Review: Necroeconomics: The Political Economy of Post-Communist Capitalism


Roger Frantz


Vladimer Papavas book discusses the state of post-Communist economies with an emphasis on the nation of Georgia. His views are especially anti-central planning at least in part because the economies which were under the thumb of the central planners were left for dead at the end of the Communist era: they were necro-economies. Papava discusses the state of these economies, reform policies in general, and Georgia in particular. Papava has a strong preference for conservative economic ideas, many of them brought to life in the U.S.

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