Editorial
Volume 33, 1998 · Number 5 · pp. 201–202
Russia - A Prosperous Country, But When?
Transforming socialist planned economies into capitalist market economies is no easy matter, as German reunification and systemic change in Central and Eastern Europe have already taught us. As the processes now underway there highlight, the only way to master the transition crisis quickly and achieve economic growth is to remain steadfast in implementing reforms. This is how Poland in 1992, Slovenia in 1993 and the Czech Republic and Hungary in 1994 managed to move onto the growth course they have kept to till today, despite the many adjustment problems they still face.
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