Seven lessons from post-communist transition

Publisher: Center for Social and Economic Research, Warsaw

The 20th anniversary of the beginning of economic reforms in Eastern Europe and the former Soviet Union provides a good opportunity to comment on the lessons of transition, writes Andrei Shleifer, a professor of economics at Harvard University, in this Center for Social and Economic Research (CASE) Network E-Brief.

Shleifer organises the lessons into a top seven list of findings that might be useful to future reformers. Some of the issues are relevant not only for communist countries; the problems of heavily statist economies are similar, according to the brief.

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