ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Eastern European Transition-Some Practical and Theoretical Problems

The collapse of eastern Europe in 1989 and the USSR in 1991 marked a turning point in world history, or so it was claimed at the time. But today things look much less clear -far from the collapse of the old regimes leading to the unleashing of a new dynamism, the region seems trapped in chaos, depression and gloom. Most analysts have been unwilling to try to conceptualise the overall nature of the transition. This paper attempts to do this by overviewing the economic and political developments in the region during the last five years, an exercise that reveals, among other things, the extent to which much of the old order has been able to shift its power base to find niches in the new regimes.

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