ABSTRACT
This conclusion presents some closing thoughts on the concepts covered in the preceding chapters of this book. The most ambitious and activist approach to the transition from the state-controlled to the market economy is based on the neo-liberal economic model. For several years it has been widely used not only as an analytical tool, but also as a foundation for reform policies in post-Communist countries. Post-Communist societies of Eastern Europe and the former Soviet Union display a complex, contradictory, and uneven pattern of socio-economic transformations. The book examines the real state of knowledge about market economy in the late Communist societies as well as the motives of the opposition politicians who, after they came to power, started market reforms. Knowledge about the modern capitalist market economy among the experts of the late Soviet period was far from perfect. The most economists possessed little adequate knowledge of the market while their understanding of market transition was even more limited.
