The collapse of Communism in eastern Europe viewed through personal
experience. Europe Restored is a highly personal account of the
fall of the Iron Curtain, written from an unusual viewpoint. Eric
Elstob was director of various investment trusts in the City during
the years before and after the collapse of Communism, with a
special interest in European affairs. But he also travelled as an
ordinary tourist in eastern Europe, and this book juxtaposes
vividly the vignettes of everyday life that he encountered with his
high-levelcontacts in the financial and political world; a
discussion of the problems of switching from a command economy to a
market economy with the finance minister in the capital one month
is set beside a talk with the baker who had just bought his shop in
a village the next month. Such daily encounters offer exceptional
grass-roots witness to the economic challenges facing the former
eastern European countries as they struggle to rejoin the wider
European economic and cultural entity. ERIC ELSTOB was
vice-chairman of the Foreign and Colonial Group until his
retirement in 1995.
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