November 2010 New Economics Book Published by NUI Galway Lecturer

A new book entitled Transition Economics: Two Decades On has been co-authored by NUI Galway lecturer, Dr Gerard Turley. Dr Turley, along with his co-author Dr. Peter Luke designed the book to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. The textbook covers a wide range of both contemporary microeconomic and macroeconomic issues, in over thirty ex-socialist European and Asian countries, including Russia and China. The authors of Transition Economics: Two Decades On believe that the study of the economics of transition gives the reader an insight into theories, policies, reforms, legacies, institutions, processes and lessons that have application and relevance, beyond the specific transition from plan to market, to other parts of the world and to other times in history. Dr Gerard Turley, Lecturer with the J.E. Cairnes School of Business and Economics, NUI Galway, said: "It is over 20 years since the collapse of the Berlin Wall and the demise of the socialist system. The motivation for writing this book was to commemorate the anniversary of transition from socialism to capitalism and from plan to market by providing an account of developments in the sub-branch of economics called transition economics and of outcomes in Easter Europe, Russia, China and other transition countries." Peter J. Luke was a senior lecturer in economics at London South Bank University before joining the UK Civil Service. He is currently teaching economics in Beijing, China. Transition Economics: Two Decades On is available to buy from Routledge at http://www.routledge.com -Ends-