Systemic Change in Post-Communist Economies: Selected Papers from the Fifth World Congress of Central and East European Studies, Warsaw, 1995

Since the collapse of communism in central Europe and the former USSR, different countries in the region have adopted quite diverse approaches to transition. Some were quick to commit to rapid reforms, while others encountered severe political and economic obstacles. This book analyzes the issues which characterize the early transition phase. A selection of country studies explore the implications of the old system for the course of postcommunist reform, the nature of the former USSR, and shock therapy versus gradualism as alternative reform strategies.