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...

This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk...

Conjectures about the post-crisis future of the global economy are path-dependent, i.e. they necessarily depend on the course of events envisaged for getting out of the crisis. By and large, the economic system emerging from the crisis is bound to be substantially very similar to the pre-crisis...