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...

Starting from the observation that some of the East European post-socialist governments produced coherent reform policies which successfully transformed their countries’ economies into capitalist ones, while others lingered behind muddling through half hearted reforms, this paper takes a...