Overview
The contributions in this book clearly demonstrate that in spite of the fundamental changes in redirecting state and economy in CEE towards democracy and market economy, many questions remain open, and many developments, seen from today, have not taken the intended direction. Summarizing, one can certainly blame the enormous decline in economic output and the related financial problems. But it can also be shown that institutional development that goes beyond the most basic requirements of transformation is a long-term project.Synopsis
The contributions in this book clearly demonstrate that in spite of the fundamental changes in redirecting state and economy in CEE towards democracy and market economy, many questions remain open, and many developments, seen from today, have not taken the intended direction. Summarizing, one can certainly blame the enormous decline in economic output and the related financial problems. But it can also be shown that institutional development that goes beyond the most basic requirements of transformation is a long-term project.
Booknews
Based on a research project of the Commission of the European Union that assumed that countries in eastern and central Europe, though anticipating accession to the European Union and its market, must develop their endogenous potential. Looks at the status a decade into Transformation from perspectives of conditions and challenges; the industrial development of structures, products, and markets; institutions between state and industry; and the prospects. Does not include an index. Annotation c. Book News, Inc., Portland, OR (booknew.com)