The end of the Cold War has created a new and unprecedented type of mixed economy in Eastern Europe. This book questions whether the former Eastern Block countries will follow the path of West European mixed economies, or if a quite different economic system will emerge.

Under free-market shock therapy, many economies of former socialist countries of Eastern Europe have declined. Why has there been so much stagnation, inflation, and de-industrialization, and what can be done to produce a turnaround? This book addresses these questions in revealing detail.

Many changes have occurred in Europe in the last few years, with more developments arising in light of the impending unification of the European economic market. This volume scrutinizes the process of economic integration in Western Europe and its gradual emergence as a new regional entity. Tsoukalis identifies some distinguishing features of this economy as well as the outstanding issues as European unification approaches. Strongly oriented toward policy, the book contributes to the debate about the nature and future of European economic development, without neglecting the wider political ramifications of the issues.

This book explains the changes that have occurred in welfare states since the early 1970s and considers some of the policy dilemmas that have arisen. Each of the chapters begins with an introduction to set the scene, followed by an examination of the theoretical and conceptual perspectives of the sector under discussion. Chapters analyse the major changes in the sectors, with issue-based conclusions highlighting the policy dilemmas identified in the chapters. The influence of ideology and values is given prominence throughout. Although each of the sectors has its own chapter, the book emphasises the importance of the relationships between the sectors, allowing each sector's place in the production and delivery of welfare to be assessed.

A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.