Frameworks for industrial policy in Central and Eastern Europe
Frameworks for industrial policy in Central and Eastern Europe. Aldershot: Ashgate. ISBN 1-84014-755-5
Potratz, Wolfgang (eds.) / Widmaier, Brigitta
The central issue of this book is based on the assumption that although accession to the EU and the international market is ahead, CEE economies still confront the need for pushing forward endogenous development, based on the preservation, mobilization and development of existing potentials. After almost ten years of transformation it seems as if a point was reached where deeper reflection on the transformation processes and a balancing of achievements and failures was both possible and necessary. The contributions in this book clearly demonstrate that in spite of the fundamental changes in redirecting state and economy in CEE towards democracy and market economy, many questions remain open, and many developments, seen from today, have not taken the intended direction. Summarizing, one can certainly blame the enormous decline in economic output and the related financial problems. But it can also be shown that institutional development that goes beyond the most basic requirements of transformation is a long-term project. A project not yet sufficiently backed by equally long-term and strategic thinking in either industry or politics.