The Great Rebirth by Anders Åslund

Lessons from the Victory of Capitalism over Communism

A collection of firsthand accounts and analyses of post-communist transitions across Central and Eastern Europe and the former Soviet Union, it argues that rapid market liberalization, macroeconomic stabilization, privatization, and openness—especially integration with the European Union—produced the strongest results. The contributors contrast successful reformers with countries that delayed change and fostered oligarchic capture, extracting lessons on sequencing, building the rule of law, curbing corruption, and protecting vulnerable groups to sustain political support. It offers pragmatic guidance for policymakers undertaking systemic economic reform.

Purchase from Bookshop.org