This book assumes transformation of former socialist countries of Europe to a market economy to be a political concept, having a start and an end. Transformation is analyzed from the perspective of the end (EU membership), and not of the inherited burdens from the socialist system. Additionally, the authors look at the results of transformation and its ability to improve social standards, income, and growth.
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About the Author
Hubert Gabrisch is Head of Division at the Institute for Economics Research, Germany. Jens Hölscher is Reader in Economics at Brighton Business School, University of Brighton.
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