The combined effort of eminent economists who have worked with Mario Nuti during his career has produced an up-to-date evaluation of the transition. The book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. The book also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization. There are country studies of Russia, Belarus, Slovenia and Serbia.

This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.