Abstract
The post-Glasnost transition from Communism to Capitalism in Eastern Europe has presented various challenges and achievements which vary in their importance, from country to country. This paper concentrates most upon the realities of Institutional change as it is imperative to both economic life and democracy.

Introduction
Cultural and Attitudinal Factors
Military Affairs, Law and Order
Technological Factors
Promoting Capitalist Activities
Fiscal Matters
Labour
Social Welfare
Concluding Notes
References

Tags:eastern, european, shift

Abstract
The East Asian financial crisis was an important developmental economic event in that region. This paper attempts to put that financial crisis in perspective. The paper examines the speculation on whether the region still might suffer from or be prone to the effects of such a financial crisis. The paper also explains that the East Asian financial crisis can best be characterized as a currency crisis.

Outline:
I. Introduction
Motivation
Problem Definition
Goals and Objectives
Significance of Study
Summary of Results
II. Literature Review
Relative to Prior Research
Relevant Literature
Theory and Methodology
III. Methodology
Relation to Previous and Present Literature
Hypothesis Formulation
Advantages and Limitations
Plan of Analysis
IV. Data Collection and Analysis
Results and Explanations
Achievement of Goals and Objectives
V. Implications and Policy Recommendations
Implications
Policy Recommendations

From the Paper
"The 1997 East Asian financial crisis, also known as the IMF crisis, caused the contraction of many formerly robust East Asian and Southeast Asian countries. The crisis began in Thailand and quickly spread throughout the region with sudden devaluation of currencies, stock markets and various other economic structures (Li). One unique characteristic of the East Asian financial crisis was not that it occurred but that it spread like a pandemic from one economy to the other in the region. The problem examined here is whether these conditions or characteristics that led to the financial crisis in the region persist in any real sense."

Tags:capital, flow, Korea, Malaysis, economy, capialist