Papers from an international conference, held in Tübingen, Germany, Apr. 22-23, 1993.
Includes bibliographical references and index.
From communism to market democracy : Why is economic performance even worse after communism is abandoned? / M. Olson -- The nature of the transformation crisis in the former Soviet countries / A. Åslund -- China's economic reform : an option to avoid a transformation crisis / G.C. Chow -- Corporate control of enterprises before privatization : the effects of spontaneous privatization / S. Johnson and O. Ustenko -- The growth of the private sector : privatization and foreign direct investment in Eastern Europe / P.J.J. Welfens -- External liberalization : gradualism or shock approach? / B. Kádár -- The role of external assistance in overcoming the transformation crisis / J.S. Flemming -- A classical explanation of the output decline in Central and Eastern Europe / P. Bofinger -- Lessons in fiscal consolidation / G. Kopits -- Policies to overcome the transformation crisis : the case of Russia / M. Hinds