post-communism

Post-communism refers to the period after the decline or collapse of communist governments, primarily in Eastern Europe and the former Soviet Union. It involves transitioning from centrally planned economies and single-party regimes to market economies and democratic political systems. This transition often includes economic reforms, privatization of state assets, and establishing political freedoms. The process has varied across countries, leading to different outcomes—some, like the Baltic states, achieved rapid integration into Western institutions, while others faced economic challenges and political instability. Overall, post-communism marks a significant shift toward greater individual freedoms and market-driven development.