conditions, external factors, and reform strategies. This paper summarizes the macroeconomic performance of the transition … economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the … policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the …

The main focus of this paper is on the process and progress of economic reform in Russia. But I start with four …'s approach to reform is similar to that in several East European countries. It differs in having started with a major price … restructuring policy that goes beyond privatization. The paper concludes with a discussion of the interrelated questions of inter …