How can we explain the different transition outcomes in Central and Eastern European and former Soviet countries versus Asian countries (China, Vietnam)? Compare Washington consensus versus Beijing consensus and concentrate on the structural factors in the economic reforms of China, Russia and Eastern Europe. What is the basis for the opposing explanations in the three articles under review? (To answer these questions, you should be familiar with the readings below:

Popov, V. (2007), "Shock Therapy versus Gradualism Reconsidered: Lessons from Transition Economies after 15 Years of Reforms", Comparative Economic Studies 49, pp. 1-31.

Oleh Havrylyshyn, Xiaofan Meng and Marian L. Tupy (2016), "25 years of Reforms in Ex-Communist Countries. Fast and extensive Reforms Led to Higher Growth and More Political Freedom." Policy Analysis CATO Institute.

Jeffrey Sachs and Wing T. Woo (1994). "Structural factors in the Economic Reform of China, Eastern Europe and the Former Soviet Union". Economic Policy. Vol. 9, pp. 101-145.