Abstract
After the fall of the Berlin wall, after the reunion of the two Germanies, after the democratization process of the former socialist countries of Central Europe, after perestroika and glasnost in the USSR, enthusiasm about free and pluralistic institutions and about a market economy has convinced eastern economies (and maybe western economies too) that this transition could occur at zero cost and could determine, even in the short run, a sudden jump in both individual and collective economic welfare.
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© 1993 SIPI Srl, Rivista di Politica Economica
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Baldassarri, M. (1993). No Free Lunch, No Free Market, No “One” East European Economy: Thoughts on the Transition to a Market Economy. In: Baldassarri, M., Mundell, R. (eds) Building a New Europe. Central Issues in Contemporary Economic Theory and Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22922-2_4
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DOI: https://doi.org/10.1007/978-1-349-22922-2_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-22924-6
Online ISBN: 978-1-349-22922-2
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