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Europe, Britain and Russia

Politics and political economy of Britain, the euro area, the Nordic countries, Russia, Ukraine, Central Asia and the post-communist states.

118 books on Europe, Britain and Russia, 1 of them tier 1, recommended by 19 people including Marc Andreessen and Mohnish Pabrai.

118 books · 23 experts

Start here

  1. The Socialist System: The Political Economy of CommunismJános Kornai, 1992
  2. Economics of ShortageJános Kornai, 1979
  3. Poland's Jump to the Market EconomyJeffrey Sachs, 1993
  4. Socialism, Capitalism, TransformationLeszek Balcerowicz, 1995
  5. The Rotten Heart of EuropeBernard Connolly, 1995

The best books on Europe, Britain and Russia 118

János Kornai · 1992
The definitive anatomy of the command economy, by the Hungarian economist who named its pathologies.
János Kornai · 1979
The soft budget constraint: why state firms never run out of money and never allocate well.
Jeffrey Sachs · 1993
Shock therapy argued by one of its architects.
Leszek Balcerowicz · 1995
Insider: the architect of shock therapy setting out his own reasoning.
Bernard Connolly · 1995
The franc fort, the ERM crisis and the politics of monetary union.
Katherine Verdery · 1996
Written from Romanian fieldwork; how the planned economy behaved in practice.
Assar Lindbeck · 1997
The insider economist's account of what the welfare state did to incentives.
Gil Eyal, Iván Szelényi, Eleanor Townsley · 1998
Who ended up owning Central European assets when there were no owners.
Chrystia Freeland · 2000
Loans-for-shares and the privatisation that created the oligarchs.
Ray MacSharry, Padraic White · 2000
Insider: the finance minister and IDA head on how the FDI model was built.
Gerard Roland · 2000
The theory of sequencing: why gradualism beat shock therapy in some places.
Manuel Castells, Pekka Himanen · 2002
The Finnish model: how a welfare state produced a technology cluster.
David E. Hoffman · 2002
Six men and the mechanics of how post-Soviet wealth was assembled.
János Kornai · 2006
Memoir by the economist who advised the reforms from inside the system.
Roberto Saviano · 2006
Organised crime as an actual industrial and logistics business.
Alexander Stille · 2006
Berlusconi, media ownership and the capture of regulation.
Steve LeVine · 2007
How Tengiz and Kashagan were negotiated; the best account of dealmaking in the region.
János Kornai · 2008
Kornai's own summary of what the transition did and cost.
Fintan O'Toole · 2009
Written in the wreckage; angry but specific about tax breaks, planning and regulatory capture.
David Marsh · 2009
How the single currency was negotiated, by a reporter who watched it.
Bill Emmott · 2012
The two Italies framing: competitive exporters against captured incumbents.
Hans-Werner Sinn · 2014
The German critique: Target2 balances, bailouts and current-account imbalances.
Bill Browder · 2015
Insider account by the largest foreign portfolio investor of the era, and its end.
“my favorite read of the year, Bill Browder's terrific Red Notice... I highly recommend the read”Christopher Bloomstran
Yanis Varoufakis · 2016
The structural case against the euro's design, from the Greek side of it.
Joseph E. Stiglitz · 2016
The case that the currency union's design, not fiscal sin, caused the crisis.
Markus K. Brunnermeier, Harold James, Jean-Pierre Landau · 2016
Why German and French economic doctrines produce different euro policies.
Yanis Varoufakis · 2017
Insider account of the 2015 Eurogroup negotiation by the finance minister; partisan but primary.
Costas Meghir, Christopher A. Pissarides, Dimitri Vayanos, Nikolaos Vettas · 2017
The best book on the actual Greek economy: product markets, courts, firms.
Alexander Cooley, John Heathershaw · 2017
Traces Kazakh elite money through offshore vehicles, London lawyers and Western banks.
Ashoka Mody · 2018
Mody ran the IMF's Ireland programme; Portugal's adjustment is covered inside the euro story.
Marcin Piatkowski · 2018
The best single account of why Poland converged and others did not.
Catherine Belton · 2020
The KGB network's recapture of the commanding heights.
Kristen R. Ghodsee, Mitchell Orenstein · 2021
The evidence on who actually gained and lost from the transition.
Wolfgang Munchau · 2024
The case that the German industrial model has run out of road.
Marquis W. Childs · 1936
The book that made the Swedish model an international reference point.
Ivan T. Berend · 1996
Economic history that explains the industrial base the Czechs privatised.
Taras Kuzio · 1997
The years the oligarchic structure was formed, documented as it happened.
Paul Klebnikov · 2000
Berezovsky and the looting of the Yeltsin state; the author was later murdered.
Paul Ginsborg · 2001
Family capitalism, clientelism and the state from 1980.
Martha Brill Olcott · 2001
The standard account of Nazarbayev-era state building and asset allocation.
Tobias Jones · 2003
Courts, bureaucracy and why contracts are slow to enforce.
Timothy B. Smith · 2004
Welfare, insider protection and why French reform keeps stalling.
David Ost · 2005
How the union that won the transition lost the workplace that followed.
Farouk Al-Kasim · 2006
Insider account by the geologist who designed Norway's licensing system.
Craig Murray · 2006
Insider account by the UK ambassador to Uzbekistan on cotton and coercion.
Anders Åslund, Michael McFaul · 2006
Why the 2004 turning point failed to dislodge the incumbent asset holders.
Anders Aslund, Anders Åslund · 2007
Comparative transition account; Czech vouchers judged against other sequencing choices.
Torben M. Andersen, Bengt Holmstrom, Seppo Honkapohja, Sixten Korkman, Hans Tson Soderstrom, Juhana Vartiainen · 2007
Economists' report on how small open economies combine flexibility with heavy taxation.
Mary Hilson · 2008
Historian's account of what the model actually is and where it diverges.
Ivan T. Berend · 2009
Covers EU accession as the main driver of Romanian institutional change.
Roger Boyes · 2009
Contemporaneous reporting on the collapse and the Icesave dispute.
Jane Hardy · 2009
Foreign investment, labour and the costs of the transition, told critically.
Filipe Ribeiro de Meneses · 2009
The corporatist Estado Novo economy, run by an economics professor.
Matt Cooper · 2009
The developer-banker-politician network that inflated the property bubble.
Peadar Kirby · 2010
Structural reading of why the growth model was fragile from the start.
Pauline Jones Luong, Erika Weinthal · 2010
Why ownership structure, not oil itself, determined post-Soviet outcomes.
Richard B. Freeman, Birgitta Swedenborg, Robert H. Topel · 2010
NBER volume on the post-crisis reforms that restored Swedish growth.
Alistair Darling · 2011
Chancellor's memoir covering the guarantee and nationalisation; Open Library unreachable.
Tadeusz Kowalik · 2011
The critique of the transition's distributional cost.
Tom Watson, Martin Hickman · 2012
Phone hacking, by the MP who pursued it in Parliament.
Alexander Cooley · 2012
How Central Asian states play outside powers off against each other.
David McKnight · 2012
Argues the politics drove the business, not the reverse.
Carlo Bastasin · 2012
Blow-by-blow of the 2010-12 rescues and the national politics behind them.
Sebastian Royo · 2013
The cajas, the construction boom and the political economy of the bailout.
Philip Shishkin · 2013
Kyrgyzstan and Uzbekistan: revolution, asset seizure and the Bakiyev family businesses.
Gudrun Johnsen · 2014
By an investigator on the Special Investigation Commission; connected lending and cross-ownership.
Eirikur Bergmann · 2014
Political economy of the boom, the Icesave dispute and the aftermath.
Yannis Palaiologos · 2014
Reporting on how Greek institutions failed, sector by sector.
Anders Åslund, Simeon Djankov · 2014
Includes the Czech voucher scheme written up by people who designed and criticised it.
Martin Sandbu · 2015
Argues the currency was not the problem, the crisis management was; the best contrarian case.
Stathis N. Kalyvas · 2015
Compact political economy of why the state developed the way it did.
James Angelos · 2015
Reportage on tax evasion, disability fraud and the informal economy behind the headline numbers.
Anders Åslund · 2015
The oligarch model, gas trading rents and the post-Maidan reform agenda.
George Papaconstantinou · 2016
Insider: the finance minister who signed the first bailout.
Bálint Magyar · 2016
A framework for how ownership is reassigned politically; the most useful guide to Hungarian counterparty risk.
Paul Lendvai · 2017
How the post-2010 government allocates contracts, media and banking licences.
Oliver Nachtwey · 2018
Labour-market dualism and downward mobility behind the export success.
Tobias Buck · 2019
The crisis, the bank rescue and the shape of the recovery.
Joanna Lillis · 2019
Reporting on the succession, Zhanaozen and how the state and business interlock.
Anders Aslund · 2019
How the rent-extraction system is organised under Putin.
Bálint Magyar · 2019
Comparative framework for post-communist regimes built on the Hungarian case.
Richard Pomfret · 2019
The standard economic survey: resource rents, transit corridors, reform records.
Paul D'Anieri · 2019
Gas transit, trade dependence and the economics underneath the conflict.
Richard M. Watt · 1968
Recommended byPaul Graham
Anders Åslund · 2009
The 1991-2008 transition; explains where the industrial assets came from.
Shane Ross · 2009
Board-level reporting on the Irish banks and their regulators.
Jason Manolopoulos · 2011
Written by a hedge fund manager; strongest on the bond market's role in the build-up.
Peer Hull Kristensen, Kari Lilja · 2011
Firm-level study of how Nordic companies reorganised for global production.
Nima Sanandaji · 2015
The sceptical case: prosperity preceded the welfare state, not the reverse.
Tim Shipman · 2016
Recommended byMarc Andreessen
Nima Sanandaji · 2016
Longer version of the same argument, aimed at American admirers of the model.
Valur Ingimundarson, Philippe Urfalino, Irma Erlingsdottir · 2016
Academic collection on blame, protest and institutional reconstruction after 2008.
Catherine Merridale · 2016
Recommended byMarc Andreessen
George Lakey · 2016
Popular and partisan, but the clearest short account of the Nordic bargain.
Carl-Gustav Lindén · 2021
Open-access study of Finnish state capture by one firm — No Open Library work record for the title or for Carl-Gustav Linden
James Grant · 2025
W. W. Norton, August 2025; confirmed by his 2026 WSJ author bio line
Jeremy Popkin
Recommended byMarc Andreessen
Recommended byPatrick Collison
Victor Sebestye
Aleksandr Solzhenitsyn
Recommended byBalaji S. Srinivasan
Ruadhan Mac Cormaic
Recommended byBrad Feld

Experts 23

The people who wrote this page's books, and the people who recommend them.

Authors 4

George Soroswrote 3 books hereAnders Aslundwrote 2 books here
JG
James Grantwrote 1 book here
Joseph E. Stiglitzwrote 1 book here

Recommenders 19

Marc Andreessenrecommends 7 books here
MP
Mohnish Pabrairecommends 5 books here
Patrick Collisonrecommends 5 books here
BS
Balaji S. Srinivasanrecommends 2 books here
Ben Horowitzrecommends 1 book herePaul Grahamrecommends 1 book hereBrad Feldrecommends 1 book here
AG
Antonio García Martínezrecommends 1 book here
CB
Christopher Bloomstranrecommends 1 book here
David Sacksrecommends 1 book here
EJ
Eric Jorgensonrecommends 1 book here
Jason Calacanisrecommends 1 book here
Show all 19
See all 23 in the Experts tab →

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