The contributors to this volume analyze the general problems of economic transition in countries of the former Eastern bloc: changing the ownership structure, abolishing the command economy, and integrating with the world economy. Because unique political, economic and social conditions in each nation require individual policy solutions, the contri

chapter |8 pages


ByPeter Havlik

part Part One|29 pages

General Issues

chapter |19 pages

Transition from Command to Market Economies

ByHubert Gabrisch, Kazimierz Laski

chapter |7 pages

From Command to Exchange Economies

ByRaimund Dietz

part Part Two|114 pages

Selected Aspects of Transition

chapter |25 pages

The Role of Money and Monetary Policy in Hungary

ByKatalin Mérö

chapter |23 pages

The Inefficiency of Monetary Policy in a Socialist Country - Yugoslavia’s Experiences

ByAnte Čičin-Šain, Neven Mates

chapter |17 pages

Exchange Rate Policies and Convertibility in the CMEA Countries

ByPeter Havlik

chapter |20 pages

Eastern and East-West Energy Prospects

ByTodor Balabanov, Raimund Dietz

chapter |10 pages

Unemployment and Social Security Measures in Eastern Europe

ByHermine Vidovic

part Part Three|124 pages

Country-Specific Transition Policies

chapter |16 pages

Bulgaria: Delayed Transition Exacerbates Economic Crisis

ByIlse Grosser

chapter |15 pages

Czechoslovakia: Changes in Economic Practice Lag Behind Rhetoric

ByFriedrich Levcik, Zdenek Lukas

chapter |20 pages

Economic Prospects for East Germany after the DM-Shock

ByRaimund Dietz

chapter |17 pages

Hungary: Slow but Determined Reform Policies

ByMichael Friedländer

chapter |11 pages

Transition by Shock in Poland

ByKazimierz Laski, Hubert Gabrisch

chapter |13 pages

Poland: From Plan to Market through Crash?

ByGian Paolo Caselli, Gabriele Pastrello

chapter |17 pages

USSR: Economic Decline and Reform Disputes Continue

ByPeter Havlik

chapter |8 pages

Yugoslavia: Drop in Living Standards

ByHermine Vidovic