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Fifteen years ago, twenty-seven countries in Europe and Central Asia embarked on their economic transition paths. For some, the outcome was a considerable success. Several others are still struggling to shed the inheritance of the past and to correct more recent policy mistakes. Why were post-Communist recessions so long in some countries and growth disappointing? Why was fiscal performance so different? Was democracy a factor, which facilitated reforms or rather slowed them down? This book discusses these questions in the context of new empirical evidence, including a critical examination of...

This book provides a comparative analysis of the emerging corporate control structures in the transition economies of Russia and Poland. It explores what kind of ownership structures are emerging and examines the directions of secondary ownership flows in both countries, and the impact of the government on corporations.

This book examines the emergence of open unemployment is an unavoidable consequence of postcommunist transition.