Following German reunification in 1990, East Germany's centrally planned economy was abolished and replaced by West Germany's social market economy. Western Germany has since provided vast financial support to aid the transformation, and enable eastern Germany to catch-up with western Germany's...

Contents: Preface -- PART I A historic transformation: heterogeneity in CESEE in a changing global context -- 1 Looking back on 30 years of transition - and looking 30 years ahead / Robert Holzmann -- 2 1989: the year of the great ambivalence / Anton Pelinka -- 3 The price of unity: the...

During the 1990s over two dozen countries in Europe and Asia underwent a transition from centrally planned to more market-oriented economies. In Constructing a Market Economy, Richard Pomfret reviews their diverse experiences and assesses the outcome of transition in each case. The book includes...

Since 1986 Laos has been engaged in radical reform designed to transform its repressed socialist economy into a market economy open to international trade and investment. The Economics of Transition in Laos analyses the successes and failures of economic transition in the context of the...

Research suggests that innovation and technological change are crucial for the economic recovery of the former centrally planned countries in Central and Eastern Europe. This book analyses the development of innovation systems and technology policy in this region from various perspectives,...

The Chinese Economy in Transition provides an analysis of the economic reforms introduced under Deng Xiaoping. It attempts to answer the question: what was the economic system that the Chinese were trying to reform and what approach have they adopted to reform it? Whilst the book focuses...

This book explores the nature of the flexibility of Estonia's rapid growth, that enables it to swiftly seize opportunities and weather crises without undue cost. The distinguished cast of contributors draws upon detailed data on individual firms and households to explore the basis for Estonia's...

The essays in this volume describe, analyse and compare the achievements and the failures of societies that adopted market-based economies within a democratic polity after a long period of communist rule (Russia and Eastern Europe) or military authoritarianism (Latin America). Together, they...