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This volume makes JEC-commissioned expert studies of economic developments in East-Central Europe available to business people, educators and students. Coverage includes economic, political and social reform issues, regional relations, and the impact of Western assistance programmes.
Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in the region, or who have not found alternative strategies for increased growth and competitiveness. This book addresses economic transitions in Central Europe and analyzes the problems of Central European integration in the European Union.
Eastern and Western Europe continue to change in their relationship to one another and in their ongoing dynamic with the post-Soviet states. Economic development, electoral upheaval, and the Bosnian crisis all color the transition from communism to democracy and from a Cold War outlook to a new global order still taking shape.In this fully revised and updated edition of his popular and critically acclaimed text, David Mason brings the revolutionary events of 1989 into context with the transitional yet turbulent 1990s. We see new parties, new politics, new constitutions, and new opportunities in light of economic shock therapies, “left turns” in recent elections, and dissolving sovereignties and alliances. Despite savage ethnic conflict, economic scarcity, and political insecurity, Mason shows us that East-Central Europe is consolidating and reemerging as a region to be reckoned with on the global stage.

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