Building a New Europe

Chapter 1 “Rerum Novarum” Inverted: Abuses of Socialism and Illusions of Capitalism

Chapter 2 From «Envy and Distrust» to «Trust and Ambition» Eastern Europe’s Problems: How to Solve it and Why it May Take Long

Chapter 3 On the Economic Reforms in Eastern Europe: a Theoretical Viewpoint

Chapter 4 No Free Lunch, No Free Market, No “One” East European Economy: Thoughts on the Transition to a Market Economy

Chapter 5 Costs of Transition That Are Not Costs: On Non-Welfare-Reducing Output Fall

Chapter 6 Liberalizing Foreign Trade in a Socialist Economy: The Problem of Negative Value-Added

Chapter 7 Post-Reform East and West: Capital Accumulation and the Labor Mobility Constraint

Chapter 8 The Effects of the Eastern European Countries’ Economic Reform on the Western Industrial Economies: a Macroeconomic Approach

Chapter 9 Debt Relief and Eastern Europe: Why Poland is a Special Case

Chapter 10 The Experience of West European Public Enterprises for the Transition of Eastern European Economies

Chapter 11 Transition to a Market Economy: the Experience of Hungary

Chapter 12 The Development of the Social Market Economy in Hungary and the Opportunities Resulting from Future Entry into the European Community

Chapter 13 Inflation Stabilization in Poland: A Year After

Chapter 14 The Problems of Transition from a Socialist to a Market Economy in Yugoslavia

Chapter 15 Planning Authority and Enterprise in the Soviet Transition: A Principal-Agent Model

Chapter 17 The Soviet Union on the Road to Market Economy

Chapter 18 Political Change and Economic Evolution in the Soviet Union