This book is a result of the 5th Biennual Conference of the European Association for Comparative Economic Studies "Economies in Transition and the Variety of Capitalisms: Features, Changes, Convergence" held in Varna, Bulgaria, 10-12 September 1998. It includes 28 papers from all discussed...

This article is an attempt to contribute to the broader debate on growth theory in academic economics on the basis of empirical experience of two decades in transition countries. It analyses whether financial sector reform is urgent and thus should be sequenced from the very outset of transition...