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The Transition from Communism 25 Years after the Fall of the Berlin Wall: Lessons for Non-Free Societies - Panel 1: Economic Transition In Ex-Communist Countries: What Have We Learned from Different Approaches To Reforms?

The Transition from Communism 25 Years after the Fall of the Berlin Wall: Lessons for Non-Free Societies - Panel 1: Economic Transition In Ex-Communist Countries: What Have We Learned from Different Approaches To Reforms?

Cato Event Podcast · Caleb Brown

October 16, 20141h 35m

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Show Notes

Following the fall of the Berlin Wall on November 9, 1989, communist governments crumbled throughout the Soviet bloc. By late December 1991, the Soviet Union itself ceased to exist. The pace of transition from communist dictatorship to democracy and market economics was uneven. Some countries experienced high rates of economic growth and rapid return to political freedom, while others remained stuck in poverty and authoritarianism. Which reforms worked and which did not? What were the pre-conditions for a successful transformation and what lessons can non-free societies learn from the experiences of former communist countries?

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