'The Baltic States After Independence<i> is an excellent and informative account of how the Baltic republics have failed. . . . This excellent book is indispensable for any scholar studying the former Soviet Union. Although this book will be a definitive reference for transition scholars, it deserves a wider audience. I would encourage every economics major to read it, or at least parts of it. Too often the economics curriculum, tainted by orthodoxy, ignores the interdependence of economics, politics, and international relations. The authors superbly demonstrate that markets do not develop independently and ahistorically, rather their development is path dependent and guided by a qualified and efficient state apparatus. I can think of no better book that disparages neoclassical orthodoxy almost to the point of irrelevancy, while at the same time vindicating the central tenets of institutionalism.'</i>
The Baltic States after Independence, Second Edition provides a thorough analysis of the political and economic systems of Estonia, Latvia and Lithuania. It sheds new light on the processes and obstacles which have characterized the Baltic transition from the Soviet system. The authors examine the history of these countries and the movements towards democracy, institutional change and economic development during the post-communist era. In addition, they analyse other issues including national identity, security and Western integration, and have included a new chapter on international relations, reflecting the changing issues faced by the Baltic states.
This book offers a unique insight into political, economic and social life in the three independent Baltic states which will be welcomed by academics and students working in the areas of political science, economic development and transition studies.