Transition and modernization

The fall of the communist orders introduced a problem of the development of these societies and initiated a new wave of modernization theories. At the same time, the ideological proclamation of the victory of neo-liberalism resulted in the inauguration of the neo-liberal development model as the mode of modernization that will include the post-communist countries in the process of globalization. In this context, the World Bank study of the ten-year development of the transitional countries has been analyzed. With the example of Slovenia, as the economically most successful transitional country, it is shown that the study encounters the problem of constructing a general model of the development, which could be applied to all transitional countries. Additionally, it is shown that the World Bank model, as well as classic modernization theories, cannot predict how certain country will react to economic reform. Therefore, an issue of reform support arises as a significant one. Controversy of the neo-liberal modernization model indicates a need for articulating alternative modes of development