- Describes the legacy of the central planners, the progress achieved so far and the need for further reforms.
- Analyses the key problems facing the transition countries in Central and Eastern Europe.
- Documents their outstanding successes and failures.
- Asks why certain approaches to transition worked while others have not.
- Tests where transition is over and shows how some countries have graduated from ‘transition’ to ‘integration’ through their efforts to join the European Union (EU).
- Discusses the costs and benefits of the eastern enlargement of the EU.
- Examines the specific experiences of German unification, the Soviet Union's disintegration, and Russia's complex reforms, and tackles the issues that need to be addressed in the Balkans.
- Concludes by indicating how the expanding EU could help the poor performers through inclusion in a continent-wide integrated economic area.
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