The crisis of transition and the transition of crisis
The crisis of transition and the transition of crisis

Summary/Abstract: There is no doubt that transition and crisis are functionally linked and interdependent. Crises are permanent and, according to previous experience, inevitable companions of the capitalist mode of production. Events in the last decades of the twentieth century provide the basis for a conclusion that transition was caused by the crisis of the system but also that transition, in its essence, can be viewed as a special case of crisis. Transition is a process which is fundamentally associated with the countries of central and eastern Europe. However, it would be wrong to conclude from this that it is a process of regional character. On the contrary, it is by nature a global one and a result of the high degree of economic and political connection and interdependence in the modern world. The transition process has been associated with economic and political processes because it has influenced these processes just as the situation of and relations in the world in general have influenced the transition process.

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