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20 years after the collapse of communism in Central Eastern European countries and 30 years after the start of market-oriented reforms in China, this book provides a framework for understanding the differing emphasis and sequencing of two reforms and explores in-depth these issues in the demise of communism and the triumph of the market economy.

Regional economics. --- Spatial economics. --- International economics. --- Economic policy. --- Economics. --- Development economics. --- Economic theory. --- Regional/Spatial Science. --- International Economics. --- Political Economy/Economic Systems. --- Development Economics. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Europe, Eastern --- China --- Economic conditions --- Economic conditions