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This text explores the problems and possibilities for women which arise from the transition to a market economy in East Asia, the dismantling of state socialism in Eastern Europe and the restructuring of the economies and welfare states of the older capitalist market societies in Western Europe. Questioning whether the global trend towards market economies will constrain or enhance women's opportunities, this innovative interdisciplinary work also looks at the consequences for women as workers, and beyond that to the social and cultural implications. A distinguished group of scholars - from China, Hong Kong, South Korea and Europe - explore the issues which must be addressed before women can create a more empowering politics. Such issues include the continuing tensions between paid work in the market and unpaid work in the family and the extent to which Eastern or Western legislative frameworks, providing rights and benefits, have eased or exacerbated these tensions.