Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

The great transformation of Central Eastern Europe; Success and disappointment

01.06.2006


Study finds that the economic and political transformation of the Central Eastern European region over the last two decades may be simultaneously considered a success and a failure.



2004 saw the accession to the European Union of several Central Eastern European countries, attesting to their newly established democratic political systems and functioning market economies. The rapid pace of reform and the relative harmony surrounding the process may be regarded as a great success story; yet on an individual level the process has caused pain, bitterness and disappointment for many.

A recent study by János Kornai (Professor of Economics Emeritus, Harvard University and Collegium Budapest, and Distinguished Research Professor, Central European University) examines the changes of the Central Eastern European region (Czech Republic, Estonia, Poland, Latvia, Lithuania, Hungary, Slovakia and Slovenia) in the context of world history.


The study confirms by comparative historical analyses that the transformation was unique: this has been the only total transformation that took place peacefully, without violence, yet astonishingly fast, in the main direction of the economic and the political changes of Western civilization. From that perspective it is an exceptional success story of global historical significance.

However, from the perspective of everyday life, the result is different. Deep economic troubles are experienced by a considerable portion of the population. The perception of losses is intensified by various cognitive problems. Based on the experience of today’s generation, evaluating the change as an unequivocal success would be unwarranted. In many important aspects, the transformation failed because it caused pain, bitterness and disappointment for so many people.

The study finds that an interdisciplinary approach to evaluating the transformation of Central Eastern Europe – combining economics, political science and history – is necessary to ensure that the correct economic policy recommendations are made in other regions currently undergoing or about to enter a period of transformation. In this way, economists can contribute to the more informed and well-balanced processing of the experiences, helping people to find the right valuation of changes.

Rosalind Letellier | alfa
Further information:
http://www.blackwellpublishing.com

More articles from Studies and Analyses:

nachricht The Great Unknown: Risk-Taking Behavior in Adolescents
19.01.2017 | Max-Planck-Institut für Bildungsforschung

nachricht A sudden drop in outdoor temperature increases the risk of respiratory infections
11.01.2017 | University of Gothenburg

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Traffic jam in empty space

New success for Konstanz physicists in studying the quantum vacuum

An important step towards a completely new experimental access to quantum physics has been made at University of Konstanz. The team of scientists headed by...

Im Focus: How gut bacteria can make us ill

HZI researchers decipher infection mechanisms of Yersinia and immune responses of the host

Yersiniae cause severe intestinal infections. Studies using Yersinia pseudotuberculosis as a model organism aim to elucidate the infection mechanisms of these...

Im Focus: Interfacial Superconductivity: Magnetic and superconducting order revealed simultaneously

Researchers from the University of Hamburg in Germany, in collaboration with colleagues from the University of Aarhus in Denmark, have synthesized a new superconducting material by growing a few layers of an antiferromagnetic transition-metal chalcogenide on a bismuth-based topological insulator, both being non-superconducting materials.

While superconductivity and magnetism are generally believed to be mutually exclusive, surprisingly, in this new material, superconducting correlations...

Im Focus: Studying fundamental particles in materials

Laser-driving of semimetals allows creating novel quasiparticle states within condensed matter systems and switching between different states on ultrafast time scales

Studying properties of fundamental particles in condensed matter systems is a promising approach to quantum field theory. Quasiparticles offer the opportunity...

Im Focus: Designing Architecture with Solar Building Envelopes

Among the general public, solar thermal energy is currently associated with dark blue, rectangular collectors on building roofs. Technologies are needed for aesthetically high quality architecture which offer the architect more room for manoeuvre when it comes to low- and plus-energy buildings. With the “ArKol” project, researchers at Fraunhofer ISE together with partners are currently developing two façade collectors for solar thermal energy generation, which permit a high degree of design flexibility: a strip collector for opaque façade sections and a solar thermal blind for transparent sections. The current state of the two developments will be presented at the BAU 2017 trade fair.

As part of the “ArKol – development of architecturally highly integrated façade collectors with heat pipes” project, Fraunhofer ISE together with its partners...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Sustainable Water use in Agriculture in Eastern Europe and Central Asia

19.01.2017 | Event News

12V, 48V, high-voltage – trends in E/E automotive architecture

10.01.2017 | Event News

2nd Conference on Non-Textual Information on 10 and 11 May 2017 in Hannover

09.01.2017 | Event News

 
Latest News

Helmholtz International Fellow Award for Sarah Amalia Teichmann

20.01.2017 | Awards Funding

An innovative high-performance material: biofibers made from green lacewing silk

20.01.2017 | Materials Sciences

Ion treatments for cardiac arrhythmia — Non-invasive alternative to catheter-based surgery

20.01.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>