Using a new theoretical framework combining insights from Europeanization, globalization, varieties of capitalism, and policy transfer literature, this book could not be more timely, in the lead up to the next wave of EU eastward enlargement. Containing rigorous quantitative analyses and detailed qualitative evidence, this book reconceptualizes the dynamics taking place during the EU enlargement process of Central and Eastern European countries and makes a major contribution to the understanding of the relationships between institutional transformation and economic performance.

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