micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market … economy. We use data from the Czech Republic because it is a leading transition economy in which the communist grid remained … firms during the transition. Our estimates also indicate that men’s wage-experience profile was concave in both regimes and …

The Russian experience showed that macroeconomic performance in the transition economy is crucially dependent of the …

This article provides a general account of the Polish transition from socialist central planning to a market economy … and tries to explicate the main causes of the relative success of this transition. The second section offers an overview … section identifies the relative merits of the Polish economic transition. Five facets of success are cited: the ?shock therapy …

The author highlights the striking difference between the economic transition of the Czech Republic and Hungary. These …

Hungarian economist János Kornai first used the metaphor of a single path to postsocialist transition in his earlier … perspective and understanding of the complexities of transition: every highway and byway leads eventually to capitalism, Kornai … ongoing dilemmas. The transition from communism to free enterprise is filled with daunting hurdles; it requires no less than …

The transition from socialism to capitalism in former socialist economies is one of the main economic events of the … research in transition shows not only that institutions matter but also how their evolution toward higher efficiency depends on … initial conditions and on sustained political support. Unlike early policy literature on transition economics, which focused …

The transition of the former socialist and otherwise centrally planned economies into the world trading and financial … address the principal issues raised by this transition. The chapters, which cover fourteen countries of East and Central … possible difficulty of sustaining rapid transition reforms and globalization in the face of rising unemployment. The countries …

the transition. The Czech Republic and Hungary have had some success moving into the production and export of more …