Author Description

"The contributions in this book clearly demonstrate that in spite of the fundamental changes in redirecting state and economy in CEE towards democracy and market economy, many questions remain open, and many developments, seen from today, have not taken the intended direction. Summarizing, one can certainly blame the enormous decline in economic output and the related financial problems. But it can also be shown that institutional development that goes beyond the most basic requirements of transformation is a long-term project."--BOOK JACKET.