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The Transformation of Economic Systems in Central Europe

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This important, original book focuses on the transformation of economic systems in Central Europe. It provides a comprehensive overview of different theoretical approaches to transformation - neoclassical, post Keynesian and Austrian. In the light of this theoretical discussion, it reconsiders the transformation policies applied in the Czech and Slovak Republics, Hungary and Poland.

Dr Hoen challenges the dichotomous 'shock-versus-gradualism' dispute, which he believes blurs the key elements...