What is Eastern Europe? There are geographical and political interpretations of the term. “Eastern Europe,” the territory east from the river Elbe, is first of all a historical category, for the region has evolved over thousands of years. Eastern Europe was already displaying specific traits...

The paper addresses some debated questions and popular misconceptions concerning Hungary’s transformation process. These debated questions include the historical role of the Hungarian market reforms and how they helped the country in rapid transition later on; the first years of transition and...

This paper was originally published as a chapter in the author’s recent book Europe since 1980 (Cambridge University Press, 2010). The book tells the dramatic story of the economic, social, political, and cultural transformation of Europe during the transition from the Cold War to the European...

1. Variations on a theme : Iceland, Greece, and Ireland's road toward the crisis -- 2. The fall of 2008 : from the financial crisis to the crisis of the euro -- 3. The economic causes : contemporary European capitalism :the financialized, deregulated market system in the globalized world economy...