Economics of Transition

Edited by Mark Knell, NIFU Nordic Institute for Studies in Innovation, Research and Education, Norway

• Contents: Introduction 1. Structural Adjustments and Growth: Is Eastern Europe Catching Up? (M. Knell) 2. Stabilization and Prospects for Sustainable Growth in the Transition Economies (P. Havlik) 3. Economics of Transition: Some Gaps and Illusions (A. Nove) 4. Macroeconomic Collapse During Systemic Change (J.B. Rosser, Jr. and M.V. Rosser) 5. An Alternative Economic Policy for Central and Eastern Europe (K. Laski) 6. Patterns of Economic Transition and Structural Adjustments (A. Bhaduri) 7. Balance-of-Payments Constrained Growth in Central and Eastern Europe (M. Landesmann and J. Pöschl) 8. Growth Consequences of Systemic Transformation (V. Gligorov and N. Sundström) 9. Prospects of Building Science andTechnology Capabilities in Central and Eastern Europe’ (S. Radosevic) 10. Closing the Institutional Hiatus in Economies in Transition: Beyond the ‘State versus Market’ Debate (R. Kozul-Wright and P. Rayment) Index

'. . . this volume makes an important contribution to the literature on economic transition by presenting a persuasive, well-supported criticism of conventional transition policy, as well as a number of explicit policy alternatives.'