Looking back on 30 years of transition - and looking 30 years ahead

Robert Holzmann

Chapter 1 in 30 Years of Transition in Europe, 2020, pp 2-6 from Edward Elgar Publishing

Abstract: With the fall of the Iron Curtain, a long and difficult, yet unavoidable journey of transition began for the Central, Eastern and Southeastern European (CESEE) countries – a transition from dysfunctional command economies to flourishing market economies. This chapter pays tribute to this historic event by revisiting the political and economic transition that has taken place in CESEE over the last 30 years. However, transition – in the sense of adjustment to a changing and challenging environment – is a permanent process. With this in mind, this chapter will explore not only driving factors of the successful transition to date but also key challenges CESEE will be facing in the years and decades to come.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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