"I believe that the experiences of the transition economies in

the 1990s are deeply relevant to developing countries as they make difficult choices of  development strategy and institutional transformation in an increasingly global yet volatile world.

Kolodko's work highlights the central importance of the institutional structures needed for  market liberalization to succeed. His analysis and his experience will prove valuable to those  interested in designing and implementing strategies for poverty reduction and growth in developing countries."

- Ravi Kanbur, Cornell University

"The courage and the vision of the author should be praised,

especially as they are based upon a rich and successful experience and a wide expertise.

Many people writing on the transition process from the centrally planned system to a market economy offer advice and recommendations that are not really credible. In the present  case, the author actually solved urany difficulties and developed a `Strategy for Poland' that  allows him to come forward with policy proposals and long-term forecasts."

-Marie Lavigne, ISMEA (Institut de Sciences Economiques et

Mathematiques Appliquees), Paris

"Grzegorz Kolodko shows the theoretical inconsistencies and

practical failures across countries of the conventional approach to transitions, the  so-called Washington

consensus. He offers broadly useful policy proposals based on  true economic reasoning:

improvements of people's well-being, not reforms for the sake

of social engineering, should measure success and guide policymakers."

-Michael S. Bernstam, Hoover Institution, Stanford University

"Fundamental research by Professor G. Kolodko is a powerful intellectual challenge to the advocates of `simple decisions' to the problems of  post-socialist transformation.

The convincing character of theoretical reasoning is further

strengthened by the author's practical experience of elaborating and implementing Polish  economic policy in 1994-97, which brought him fully merited worldwide recognition."

-Alexander Nekipelov, Institute for World Economic and Policy Studies, Moscow