This volume provides an in-depth review of major economic developments in those economies which are in some stage of transition following the collapse of communism in the Eastern block. The book is divided into four parts: theoretical issues in the transition from command to market economies; the events in the fifteeen indepedent countries of the former Soviet Union; Eastern Europe; non-European states. In all, the author chronicles events from 1993 to 1995 in thirty-five countries. Economic developments are set in their political context and presented chronologically as far as possible.