1. The new international setting -- 2. Objectives of the study -- 3. Focus of the study -- 4. Terminology -- 5. Remaking the global economic framework? -- 6. A Guide through the volume -- 1: Eastern Europe in transition -- 1. On the meanings of the CMEA -- 2. Recent developments in CMEA...

This study offers a comparative analysis of economic reforms in Eastern Europe and China. Some CMEA countries-especially Yugoslavia and Hungary-undertook reforms in the 1960s, while China launched its reform and opening-up in 1978. In light of the lessons learned-concerning planning, markets,...