Industrial Restructuring and Innovation Policy in Central and Eastern Europe since 1990 Rainer Kattel, Erik S. Reinert and Margit Suurna

The Central and Eastern European (CEE) countries have often been portrayed as success stories of the Washington Consensus and the Europeanization that took place following the evolution of the European Union (EU).This study critiques the effect of both these factors on the CEE countries and posits that both led to deep-rooted cognitive dissonance between policies employed for industrial restructuring and innovation in CEE and actual developments taking place in the private sectors of these countries.

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