TRANSITION AND POLITICAL MARKETS: POST-WAR GERMAN VERSUS POST-SOCIALIST SLOVENIAN RECONSTRUCTION.

In this paper we try to explain why the economic and political transition in Germany after World War II was successful, and why the transition in post-communist Slovenia was not. We analyse interactions between political markets and economies in both countries. The differences between the two transitions can be explained by different institutional transformations and different roles of interest groups. In Slovenia, the slow pace of political reform inhibited economic liberalisation. [ABSTRACT FROM AUTHOR]