In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

The legal system of the present-day Czech Republic would not be understood properly without sufficient knowledge of its historical roots and evolution. This book deals with the development of Czech law from its initial origins as a form of Slavic law to its current position, reflecting the influence of the legal systems of neighbouring countries and that of Roman law. The reader can see how a legal system originally based on custom developed into written and codified law. Czech law was fully dependent upon developments within the Luxemburg, Jagiellonian and, primarily, Habsburg monarchies, although some features remained autonomous. The 20th century is particularly important in the development of the Czech state and law of today, namely due to the establishment of an independent Czechoslovakia in 1918 and its split in 1992 giving rise to the independent identities of the Czech Republic and the Slovak Republic. It was a century encompassing periods of democratic as well as totalitarian regimes; political, ideological, economic and social changes stemming from such transformations were projected into, and reflected in, the system of Czechoslovak and Czech law. It can therefore serve as a “case study” for researchers interested in the transition of democratic legal systems into totalitarian regimes, and vice versa.

Communism in Eastern Europe is a ground-breaking new survey of the history of Eastern Europe since 1945. It examines how Communist governments came to Eastern Europe, how they changed their societies and the legacies that persisted after their fall. Written from the perspective of the 21st century, this book shows how Eastern Europe’s trajectory since 1989 fits into the longer history of its Communist past. Rather than focusing on high politics, Communism in Eastern Europe concentrates on the politics of daily life, melding political history with social, cultural and gender history. It tells the history of this complicated era through the voices and experiences of ordinary people. By focusing on the complex interactions of everyday life, Communism in Eastern Europe illuminates the world Communism made in Eastern Europe, its politics and culture, values and dreams, successes and failures. This book is an engaging introduction to the history of Communist Eastern Europe for any reader. It is ideal for adoption in a wide array of undergraduate and graduate courses in 20th century European history.