Eastern Europe: Different Paths, Different Results

  • Christopher A. Hartwell


The challenge of economic transition in Eastern Europe was a daunting task. The shift required sweeping political and economic reform with limited knowledge about the policies necessary to successfully complete such a transition. Yet the experience of these countries over the past decade, which encompassed vast differences in policy choices and the sequencing and timing of reforms, provides a wealth of information that can play an important role in shaping the economic future of Cuba and other remaining socialist countries. Cuba today occupies a position similar to many of the former Soviet satellite economies before the fall of the Berlin Wall, and this essay argues that many of Eastern Europe’s lessons will prove highly salient to the Cuban experience.


Czech Republic Foreign Direct Investment Banking Sector Economic Transition Shock Therapy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. 5.
    G. Douglas Harper, ‘Restitution of Property in Cuba: Lesson Learned from Eastern Europe’, from Proceedings of the Annual Meeting of the Association for the Study of the Cuban Economy, vol. 9 (1999).Google Scholar
  2. 6.
    Josef Kotrba, ‘Privatization Process in the Czech Republic: Players and Winners’, in Jan Svejnar (ed.), The Czech Republic and Economic Transition in Eastern Europe (New York: Academic Press, 1995).Google Scholar
  3. 14.
    František Turnovec, ‘The Political System and Economic Transition’, in Jan Svejnar (ed.), The Czech Republic and Economic Transition in Eastern Europe (New York: Academic Press, 1995).Google Scholar
  4. 16.
    Anton Marcincin, ‘Privatization’, in Anton Marcincin and Miroslav Beblavy (eds), Economic Policy in Slovakia 1990–1999 (Bratislava: Slovak Foreign Policy Association, 2000).Google Scholar
  5. 25.
    Ivan Miklos, ‘Economic Transition and the Emergence of Clientalist Structures in Slovakia’, in John Gould and Sona Szomolanyi (eds), Slovakia: Problems of Democratic Consolidation and the Struggle for the Rules of the Game (Bratislava: Slovak Political Science Association, 1997).Google Scholar
  6. 40.
    International Monetary Fund, Bulgaria: Recent Economic Developments (Washington, DC: IMF Press, 1999).Google Scholar
  7. 43.
    Ilian Mihov, ‘Bulgaria: Ten Years of Economic Transition’, in Mario Blejer and Marko Skreb (eds), Transition: The First Decade (Cambridge: MIT Press, 2001).Google Scholar
  8. 48.
    Anders Åslund, Post-Communist Revolutions: How Big a Bang? (Washington, DC: Centre for Strategic and International Studies, 1992).Google Scholar

Copyright information

© Christopher A. Hartwell 2005

Authors and Affiliations

  • Christopher A. Hartwell

There are no affiliations available

Personalised recommendations