This new book publication, co-edited by Professor Yusaf Akbar, addresses the question of what can we expect from the transition economies of Central/Eastern Europe and Central Europe a generation on from the dramatic changes a generation ago.
What are the constraints and opportunities facing these countries in the coming decade and beyond? These questions and others are considered in a new book entitled "Neo-transition Economics" co-edited by Dr. Yusaf H. Akbar, Associate Professor at CEU Business School with CEU Business School alumnus, Rustam Jamilov. It includes contributions from Dr. Paul Marer, Professor of Business at the school.
The book, published as part of Emerald's International Finance Review's annual book series, brings experts from around the world to reflect on these questions. Considering the issues from macroeconomic, microeconomic and policy making panoramas, the book offers a fascinating and thought provoking set of perspectives. Those interested in understanding the complexity of change in the region will find this an invaluable source.
Is there any specific information about you, your work, and this book you would want to be sent to the external community?
- This work is the consequence of collaboration between myself and a CEU Business School alumnus - Rustam Jamilov who now works at the Azerbaijian Oil Fund as an Economist
What does this book mean to you personally, and professionally?
- It is a great opportunity to reflect on the extraordinary changes in the post-Socialist world, one generation after the changes. The outcomes are extremely varied and the perspectives on the way forward remain equally so. The annual book series, International Finance Review, is a great venue for this discussion so I am really happy we got the opportunity to publish it there.
How important (and why) is your body of knowledge and your book contribution, to the students and to the academic & business communities?
- I think this book has significant public policy and strategy implications. The conventional, linear paradigms of transition (or transformation) are fundamentally questioned by the findings of our chapter authors and beg new questions for governments and companies as we move forward.
Whom would you be fascinated to learn read your book, and why?
- Head of the EBRD, senior officials at the World Bank and IMF. Influential investors. This book can offer important guidelines for the future of policymaking and investment opportunities in the post-Socialist world.
What special message would you want the external community to hear from you, about you and your work?
- That the transition process is far from complete. It is uneven, starting points of transition exert a profound influence on current situations. The process is not linear and is heavily dependent on institutional transformation to support the growth of market spaces. Much work is left to be done and this work will increasingly focus on changing the mindset of people from the post-Socialist world, driving change at the enterprise level and in the behaviors of managers and policymakers rather than grand macroeconomic and macropolitical strategies.