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Table of Contents Foreword ix Introduction 1 1. Communism as an Economic and Societal System in the Twentieth Century 9 1.1. The theoretical model of the command economy and society 9 1.2. The historical evolution of Soviet communism 18 1.3. Three basic models of communism in Central and Eastern Europe 31 2. Transition to Market and Democracy in Central and Eastern Europe 57 2.1. The matrix of structural reforms in transition 57 2.2. Business sector liberalization 59 2.3. Macroeconomic stabilization 70 2.4. Competitive privatization 80 2.5. Public utility and financial sector privatization 94 2.6. Restructuring public utilities and financial institutions 102 2.7. Regulation and supervision of public utilities and financial institutions 113 2.8. Public finance and administration 127 2.9. Subsovereign governments 141 2.10. Legal and judicial reform 154 2.11. Matrix reloaded 159 3. Transition for the Twenty-First Century 167 References 177 Index 189 ...

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