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Successful Transformations? contrasts the recent experience of
economic development in Eastern Germany and the Czech Republic. It
provides a comparative up-to-date account critically assessing the
transition from central planning to a free market economy. The book
highlights the very different paths that these two economies have
taken. Eastern Germany has been absorbed almost entirely into the
political and economic framework of West Germany. In contrast the
Czech Republic - which is widely acclaimed to have made the
speediest transition - has from the outset adopted an independent
line. The book illustrates the strengths and weaknesses of these
two different paths and addresses the key question as to whether
the relative success of these two economies can point to a special
policy regime which might aid economic transition in other former
communist countries.
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