An award-winning history of the transformation of Europe between 1989
and today
In this award-winning book, Philipp Ther provides the first
comprehensive history of post-1989 Europe, offering a sweeping narrative
filled with vivid details and memorable stories. Europe since 1989
shows how liberalization, deregulation, and privatization had
catastrophic effects on former Soviet Bloc countries. Ther refutes the
idea that this economic "shock therapy" was the basis of later growth,
arguing that human capital and the "transformation from below"
determined economic success or failure. He also shows how the capitalist
West's effort to reshape Eastern Europe in its own likeness ended up
reshaping Western Europe, especially Germany. Bringing the story up to
the present, Ther compares Eastern and Southern Europe after the 2008-9
global financial crisis. A compelling account of how the new order of
Europe was wrought from the chaotic aftermath of the Cold War, Europe
since 1989 is essential reading for understanding post-Brexit Europe
and the present dangers for democracy and the European Union.