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Recension av: Törnquist-Plewa, Barbara & Stala, Krzysztof (eds.) 2011. Cultural Transformations after Communism. Central and Eastern Europe in Focus. Nordic Academic Press, Lund. 336 s. ISBN 978-91-85509-59-1.

The demise of communism in Central and Eastern Europe ushered in a new phenomenon in economics, transition. This is an unprecedented process as no economy has ever moved from a comprehensively controlled economy to a market economy, although many have traversed the reverse path. It is rather easy to get a general idea of what this was to involve – privatize, create a functioning legal system, l...

Does Democracy Foster Trust? The level of trust inherent in a society is important for a wide range of microeconomic and macroeconomic outcomes. This paper investigates how individuals’ attitudes toward social and institutional trust are shaped by the political regime in which they live. The German reunification is a unique natural experiment that allows us to conduct such a study. Using data f...