Economics in a Changing World

A theme that emerges from the papers on systemic transition selected from the IEA 1992 Congress in Moscow is the contemporary battle of post-communist countries with time. Most chapters deal with newly-democratised governments which are switching from command to market both quickly and on a scale never previously attempted. Others re-examine the transition to capitalism in the seventeenth to nineteenth centuries from rural England to the Caucasian oilfields.