In the last three decades since the fall of the Berlin Wall, there is a vast amount of study looking at transforming the planned economy to a market economy from both theoretical and empirical aspects. This book provides an overview and insight into transition economies in the recent decades and looks at key economics topics from the so-called "transition strategy debate" to the environmental reform.

The book also includes an analytical review and meta-analysis of the existing literature. By integrating theoretical discussions and synthesizing empirical findings in a systematic manner, this book may help to enlighten the debate on time speed and policy sequence of economic transition.

The book will appeal to particularly researchers, policy makers, other practitioners, and under- and post-graduate students who are interested in transition economies in Eastern Europe, former Soviet Union, Southeast Asia, and China. It aims to be read as an advanced reader.