Lajos Bokros is a Member of the European Parliament, former Minister of Finance of Hungary, Professor of Economics and Public Policy at Central European University, Budapest.

Lajos Bokros is a prominent academic economist and an extremely experienced practitioner of fiscal and market reforms, not only in his native Hungary but also - as an advisor - in many other transition countries. This rare combination of skills has allowed him to write a very interesting book, based on a massive knowledge and a clear analysis. I recommend it not only to the readers in the post-socialist countries but also to those in the West as his book contains important lessons about the value of free markets and the dangers of statism." - Leszek Balcerowicz, Warsaw School Economics

• Foreword, Introduction, 1. Communism as an Economic and Societal System in the Twentieth Century, 2. Transition to Market and Democracy in Central and Eastern Europe, 3. Transition for the Twenty-First Century, References, Index

Lajos Bokros is a Member of the European Parliament, former Minister of Finance of Hungary, Professor of Economics and Public Policy at Central European University, Budapest.

Lajos Bokros is a prominent academic economist and an extremely experienced practitioner of fiscal and market reforms, not only in his native Hungary but also - as an advisor - in many other transition countries. This rare combination of skills has allowed him to write a very interesting book, based on a massive knowledge and a clear analysis. I recommend it not only to the readers in the post-socialist countries but also to those in the West as his book contains important lessons about the value of free markets and the dangers of statism." - Leszek Balcerowicz, Warsaw School Economics

• Foreword, Introduction, 1. Communism as an Economic and Societal System in the Twentieth Century, 2. Transition to Market and Democracy in Central and Eastern Europe, 3. Transition for the Twenty-First Century, References, Index

Lajos Bokros is a Member of the European Parliament, former Minister of Finance of Hungary, Professor of Economics and Public Policy at Central European University, Budapest.

Lajos Bokros is a prominent academic economist and an extremely experienced practitioner of fiscal and market reforms, not only in his native Hungary but also - as an advisor - in many other transition countries. This rare combination of skills has allowed him to write a very interesting book, based on a massive knowledge and a clear analysis. I recommend it not only to the readers in the post-socialist countries but also to those in the West as his book contains important lessons about the value of free markets and the dangers of statism." - Leszek Balcerowicz, Warsaw School Economics

• Foreword, Introduction, 1. Communism as an Economic and Societal System in the Twentieth Century, 2. Transition to Market and Democracy in Central and Eastern Europe, 3. Transition for the Twenty-First Century, References, Index