Recent proposals for swift privatization of all social property in Eastern Europe overlook the unique history and culture of that region. The neoclassical model of development treats private property and free markets as virtual guarantees of prosperity, stability, and political democracy....

Tremendous challenges face those charged with reconstructing the economies and workforces of the formerly Communist Eastern European ations. The temptation is great to apply proven Western European and American models to the problem. There are clear dangers in doing so if an attempt is made to...

Eastern Europe and, perhaps most importantly, the Soviet Union are becoming increasingly accessible to the West. With glasnost taking hold and trading relations beginning to thaw, this article examines the opportunities for trade that COMECON present.

Written by leading east European scholars, this book provides a wide-ranging overview of fifty years of economic thinking under communist rule in Europe and during the first phase of post-communist economic transformation