Cover; Title; Copyright; Dedication; Contents; List of figures; List of tables; Preface; Acknowledgments; List of abbreviations; Part I Introduction: the great unknowns; 1 The great unknowns: post-socialist economies and societies in motion; Introductory remarks; Where are they on the map?; Leading to...

This book, a third edition, has been significantly expanded and updated. It revisits the process of institutional change: its characteristics, determinants and implications for economic performance. New chapters address the significance of Post-Communist transition, the differences and...

Russia and many other transition countries are now facing the challenges of opening up, restructuring, and modernizing their economies, which requires addressing numerous institutional weaknesses and supply-side distortions. The papers in this collection examine these issues both in Russia and...

Two decades since the fall of the Berlin wall, Central and Eastern Europe and the former Soviet Union, is experiencing the deepest contraction and is expected to see the weakest recovery in output among all emerging and developing economy regions a result of the global financial and economic crisis.