More than fifteen years after the fall of the Berlin Wall, many issues regarding the transition from a centrally planned economy to a market economy are still being debated. This book presents an evaluation of the transition in Central Eastern Europe, and focuses on the socialist legacy, the...

Years after commencement of the systemic reforms in Central East Europe and the former Soviet Union the debate on the way of conducting reforms is still on. The main question remains: gradualism or radicalism? Unfortunately many countries decided to embark on a radical way of transformation...