The Transition Report 2016-17 casts a spotlight on inequality and inclusion, explaining how a failure to deliver a fair distribution of the fruits of progress may lead to setbacks in political and economic development. It also explores the causes of inequality of opportunity and looks at how to strengthen financial inclusion. Tracking the successes that have been achieved in post-communist societies, the report concludes that the “happiness gap” has finally closed with people on similar incomes in non-transition countries, but warns that not everyone has shared in this economic prosperity. This latest annual analysis draws on a wide-ranging survey of people who have experienced transition first-hand.