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The Political Economy of the Transition Process in Eastern Europe
註釋Why has industrial output fallen in Eastern Europe, and is further decline inevitable? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, this study analyzes the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.