The postcommunist countries were amongst the most fervent and committed adopters of neoliberal economic reforms. Not only did they manage to overcome the anticipated domestic opposition to 'shock therapy' and Washington Consensus reforms, but many fulfilled the membership requirements of the...

To understand the dramatic collapse of the socialist order and the current turmoil in the formerly communist world, this comprehensive work examines the most important common properties of all socialist societies. JNBnos Kornai brings a life-long study of the problems of the socialist system to...

The book provides unique insights into the process of housing reforms in post-socialist Europe during its transition to markets and democracy. It explores the relationships between housing policy and housing system performance in nine countries: Albania, Bulgaria, Bosnia and Herzegovina,...

A decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalised economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced...

Cover; Half Title; Series Page; Title; Copyright; Contents; Figures and diagrams; Tables; Boxes; Acknowledgements; Introduction; 1 Formal and informal institutions of the socialist era; 1.1 Political system and development; 1.1.1 The Communist Party of Czechoslovakia; 1.2 Legal and enforcing system;...