Economic Transition in Central Europe and the Commonwealth of Independent States

Download or read book Economic Transition in Central Europe and the Commonwealth of Independent States written by T. Mickiewicz and published by Springer. This book was released on 2005-11-11 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 the main themes in the economics of transition literature.