Includes bibliographical references (pages [347]-373) and index.
Ch. 1. Understanding Transition -- Pt. 1. Political Constraints and Reform Strategy. Ch. 2. The Politics of Reforms under Uncertainty. Ch. 3. Political Constraints without Uncertainty. Ch. 4. The Political Economy of Mass Privatization -- Pt. 2. Allocative Changes. Ch. 5. The Optimal Speed of Sectoral Reallocation. Ch. 6. Speed and Methods of Price Liberalization. Ch. 7. Liberalization and the Output Fall. Ch. 8. Government Collapse and Economic Performance -- Pt. 3. Governance Changes. Ch. 9. Solving the Incentive Problems Inherited from Socialism. Ch. 10. Comparing Policies of Privatization and Restructuring. Ch. 11. Incentives within Government Bureaucracy. Ch. 12. The Soft Budget Constraint and Financial Transition. Ch. 13. Synthesizing Lessons from Transition