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Political Economy of Transition and Development. Institutions, Politics and Policies.

Political Economy of Transition and Development. Institutions, Politics and Policies.

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  • ISBN:9781402075506
  • Editorial: Kluwer Academic Publishers
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  • Nº Pág.:279
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The economic and political transition in Central and Eastern Europe has now entered its second decade. Although the post-communist countries shared many similarities at the outset of the transition, their economic and political experiences have been strongly divergent. Some countries succeeded in stabilizing their economies and are now set on course toward rapid growth, convergence, and accession to the European Union. Others, however, experienced severe and protracted recessions and their prospects for sustained recovery are still doubtful. On the political front, the past decade was marked similarly by important achievements but also grave setbacks. While democracy became firmly embedded in a number of post-communist countries, other transition countries reverted to authoritarian rule and/or experienced breakdowns of law and order, inter-ethnic conflicts, or even outright civil wars

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