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Topic: Eastern Europe


  
 Eastern Europe, by David Lipton: The Concise Encyclopedia of Economics: Library of Economics and Liberty
In late 1989 the countries of Eastern Europe broke loose from the Soviet Union, threw off communism, and began to construct democratic institutions and market-oriented economies.
The communist inheritance has had two important dimensions for Eastern Europe.
Second, after forty years the communist economic system failed to sustain itself, leaving utter industrial collapse, financial distress and chaos, and very low living standards.
http://www.econlib.org/library/Enc/EasternEurope.html   (2552 words)

  
 Encyclopedia article on Eastern Europe [EncycloZine]
Note that eastern countries that were never under communist influence, such as Finland in the north and Greece in the south, are never considered part of Eastern Europe, while conversely several countries much further to the west but which were under communist influence, are.
While all of the countries were heavily influenced by Roman Catholic or Protestant Christianity and have very close historical and cultural ties to Germany, Italy, France or Scandinavia (e.g.
The term New Europe has been proposed but there are controversies over this because it is found to be pejorative to non-former-Eastern-Bloc countries such as France and Germany.
http://encyclozine.com/Eastern_Europe   (1189 words)

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