The post-2008 slowdown in economic convergence by countries of east central Europe towards the level of western Europe is interpreted with the help of a concept of dependent capitalism. Convergence appeared to be rapid up to that year, but then stalled, albeit with differing results depending on...

Machine generated contents note: Introduction -- Part I The political economy of state socialism -- Chapter 1 The system of state socialism -- Chapter 2 The successes and failures of central planning -- Chapter 3 From reform to breakdown -- Part II Macro-economic transformations: From shock to...