The Transitional Economies of Central and Eastern Europe: An Introspective Analysis.
The objective of this paper is to highlight some of the difficulties and implications associated with the market economy reorientation of the transitional economies of the former USSR, particularly the countries of Central and Eastern Europe (CEE). It is noted, however, that as these transformations are still in progress, and will likely be for some time to come, there are no definitive conclusions that can yet be drawn. The severe lack of reliable information and appropriate data on most former Soviet countries has further confused the situation. Indeed, the only feature that is completely clear, is the exigency of using prevailing problems and mistakes as learning opportunities. Only by ongoing experiment can the correct procedures for a successful transition be ascertained. 16 pgs. 46 f/c. 5b.
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