This article provides a general account of the Polish transition from socialist central planning to a market economy … and tries to explicate the main causes of the relative success of this transition. The second section offers an overview … section identifies the relative merits of the Polish economic transition. Five facets of success are cited: the ?shock therapy …

The author highlights the striking difference between the economic transition of the Czech Republic and Hungary. These …

transition countries. The paper is based on the idea that the process of convergence can, to a large extent, be viewed via … developments in real exchange rates. Key issues associated with real exchange rate developments in transition countries are defined … data since the outset of transition, though it has slowed in the past two years. Now it appears that the most economically …

all of the transition countries. The cost of trans- formation of the Czech banking was extremely high. The text is focused …