Global financial turbulence severely affected countries in transition from planned towards market economies. Policy responses of Russia, Poland, the Czech Republic and Hungary are reviewed and compared in this book. Each country analysis is critically discussed. Contributors to this volume include Claudia Buch, Stephen F, Frowen, Jens Holscher, Alexander Karmann, Jens Linne, Roman Matousek, Zbigniew Polanski, Bruno Schonfelder, Vladislav Semenkov, Johannes Stephan, Adam Torok, Horst Tomann, Trantisek Turnovec and Uwe Vollmer.