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...

This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk...

Cover -- Half-title -- Title -- Copyright -- Dedication -- Contents -- Foreword Russia in the New Century -- The "Wild Nineties" -- The New Economy -- Acknowledgments -- Prologue -- Capitalism Russian-style: introducing the book -- A decade like no other -- August 1988: the music stops -- 1 The...

The social market economy forms a fundamental theory of the market economy and an integrated economic and ethical theory of the economic order in which the political and societal conditions for the working of the market are included in the theory of the market economy. The social market economy...