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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.
October 27, 2009.
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