Economic Transition in Central and Eastern Europe

Daniel Gros is the Director of the Centre for European Policy Studies, Brussels and is presently a member of the economic advisory council of the French Prime Minister. His major publications include Open Issues in European Central Banking (2000), EMU and Capital Markets (2000), European Monetary Integration, from the EMS to EMU (1992, 1998) and precursor to this volume, Winds of Change: Economic Transition in Central and Eastern Europe (1995) which he co-authored. Professor Alfred Steinherr is Rector at the Free University of Bolzano, Italy and Chief Economist of the European Investment Bank. His previous positions include Head of Research at the European Investment Bank, Economic Adviser to the European Commission and Adviser to the International Monetary Fund. He is author of Derivatives: The Wild Beast of Finance (2000) and is joint author of Winds of Change: Economic Transition in Central and Eastern Europe (1995).

"I found the book interesting and exciting." Slavic Review, John Marangos, Colorado State University

• Introduction; Part I. The Rise and Decline of Communism: An Overview: 1. From pre-war Russia to the fall of Communism; 2. The obsession with growth; Part II. Transition: 1990–2000: 3. Transition: the job; 4. Transition: ten years later; 5. Transition: unfinished business; Part III: Extreme Cases for Reform: Scope for Disagreements: 6. German unification: an example of big-bang reform; 7. The disintegration of the Soviet Union; 8. Russia: after a lost decade Phoenix rises from the ashes?; Part IV. The New Europe from the Atlantic to the Urals: 9. Eastern enlargement; 10. Saving the Balkans; 11. The outlook; Bibliography.