The article presents a comparative analysis of the current economic situation in twenty-seven postsocialist countries of Europe and Asia, as reflected by the latest available data from various international sources. The ultimate aim is to assess the economic and social effects of transformation...

This paper analyzes the real economic convergence between the new EU entrants in Central and Eastern Europe (CEE-8) and the EU core (EU-12 or EU-15). It includes new estimates on the speed of income-level convergence and new findings about the conformity of cyclical changes. The results offer...