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Extra info for The Belgian Curtain - Europe after Communism

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If modern capitalism can be described as "back to the future", communism was surely "forward to the past'. 58 Transition in Context By: Dr. Sam Vaknin Also published by United Press International (UPI) Also Read Lessons in Transition Is Transition Possible? The Rip van Winkle Institutions The Author of this Article is a Racist The Eureka Connection Women in Transition: From Post Feminism to Past Femininity Axes to Grind - The Taxonomy of Political Conflict The Solow Paradox Forward to the Past - Capitalism in Post-Communist Europe Leapfrogging Transition - Technology and Post Communism Contracting for Transition Women in Transition 59 The Kleptocracies of the East The Washington Consensus - I.

And, at this stage, there is no east European economy, period. 34 Consider central Europe's most advanced post-communist economy. One third of Hungary's GDP, one half of its industrial production, three quarters of industrial sales and nine tenths of its exports are generated by multinationals. Three quarters of the industrial sector is foreign-owned. One third of all foreign direct investment is German. France is the third largest investor. The situation is not much different in the Czech Republic where the overseas sales of the German-owned Skoda alone account for one tenth the country's exports.

Their power and ubiquity increase with every jerky change of government. Their public stature, expertise, and contacts with their foreign counterparts threaten the lugubrious and supernumerary class of professional politicians - many of whom are ashen remnants of the communist conflagration. Hence the recent politically-tainted attempts to curb the powers of central bankers in Poland and the Czech Republic. THE NATIONALISTS versus THE EUROPEANS The malignant fringe of far-right nationalism and far left populism in central Europe is more virulent and less sophisticated than its counterparts in Austria, Denmark, Italy, France, or the Netherlands.

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