A distinguished group of scholars from Eastern and Central Europe, as well as the West, addresses the transformation process from the institutional and evolutionary perspectives in political economy and the social sciences. The first part presents six essays by Western scholars reflecting on institutional design, strategic dilemmas, path-dependency, and the dynamics of post-socialism with a general relevance to the transformation process. The remaining papers provide detailed, contemporary analyses of the transformation of Poland, Hungary, and the former Czechoslovakia respectively. Each part covers the same broad set of themes so that the reader obtains an insightful and authoritative overview of the problems of institutional design, strategic dilemmas and path dependency.

This strong combination of theoretically informed comparative analysis with up-to-date case studies, drawing on several years' experience of the countries discussed, will ensure that this major new volume will be welcomed by students and researchers interested in Eastern and Central Europe, comparative economics, politics and sociology.