The economics of transition

Substantially revised and updated, this new edition of a highly acclaimed text is both a vital guide and a valuable critical analysis. Benefiting from the additional insights gained through new data and new developments, the book provides a comprehensive overview of the transition to the market economy taking place in Russia and Eastern Europe.

Of great interest to students, specialists and practitioners, the book's nontechnical approach also makes it appropriate for all those interested in the issues of transition.