Why is Transition in Slovenia Often Considered a Success Story
AbstractEconomic performance in the first decade of independent Slovenia was satisfactory, and social costs of secession from Yugoslavia and of transition were rather low. The explanation of success can be found in very favorable initial position of the country and in chosen patterns of transition. Many essentials for market economy were being created during endless reforms long before 1989, and transition goals were relatively well defined. Proper mix of graduality, pragmatism and risk aversion regarding devastation of previous institutions together with adaptability of former political elite to new circumstances created conditions for a rather successful transition. La situation Ã©conomique durant la premiÃ¨re dÃ©cennie dâ€™indÃ©pendance de la SlovÃ©nie aura Ã©tÃ© satisfaisante et les coÃ»ts de la sÃ©cession avec la Yougoslavie et ceux de la transition auront Ã©tÃ© relativement faibles. Lâ€™explication du succÃ¨s se trouve peutÃªtre dans la position initiale trÃ¨s favorable du pays et dans les schÃ©mas de transition retenus. Beaucoup des conditions essentielles Ã lâ€™existence dâ€™une Ã©conomie de marchÃ© Ã©taient en train dâ€™Ãªtre instaurÃ©es dans le cadre dâ€™interminables rÃ©formes menÃ©es avant 1989, et les objectifs de la transition Ã©taient assez bien dÃ©finis. Un savant dosage de gradualisme, de pragmatisme et dâ€™aversion au risque par rapport Ã la destruction des institutions existant antÃ©rieurement, couplÃ© Ã lâ€™adaptabilitÃ© de lâ€™ancienne Ã©lite politique aux nouvelles circonstances ont donnÃ© lieu aux conditions requises pour une transition plutÃ´t rÃ©ussie.
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Bibliographic InfoArticle provided by De Gruyter in its journal Journal des Economistes et des Etudes Humaines.
Volume (Year): 11 (2001)
Issue (Month): 1 ()
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Web page: http://www.degruyter.com
Find related papers by JEL classification:
- P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
- P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
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