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The hidden transformation: the changing role of the state after the collapse of communism in Central and Eastern Europe

Oskar Kowalewski and Krzysztof Rybinski.

in Oxford Review of Economic Policy

December 2011; p ublished online December 2011 .

Journal Article. Subjects: National Government Expenditures and Related Policies; Financial Institutions and Services; Monetary Policy, Central Banking, and the Supply of Money and Credit; Financial Regulation; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Socialist Institutions and their Transitions. 10353 words.

This article reviews the state’s role in the transition economies of Central and Eastern Europe. Among the countries, Poland is perceived as the leader because it was the first economy to...