20 Years of Transformation

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It is commonly believed that Great Transformation -- the process of post-socialist changes leading from the system of more or less reformed central planning, based on state ownership domination and bureaucratic control, to the free market system, based on private ownership domination and deregulation, started in 1989. The anniversary, which marked two decades of system transformation, was celebrated by a group of authors who met in Warsaw, an event which undoubtedly changed the course of history and stimulated the process of post-socialist reforms. This book presents research for the conference purposes, which deals with a range of issues related to structural reforms and creating market economy institutions -- from Central Europe through Russia to China.