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STATE vs MARKET IN CENTRAL AND EASTERN EUROPE

Author

Listed:
  • Sinziana Baltatescu

    (Department of Economy and International Relations within the Faculty of Economics and Business Administration, Alexandru Ioan Cuza University of Iasi, Romania)

  • Liviu-George Maha

    (Department of Economy and International Relations within the Faculty of Economics and Business Administration, Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

Although old, the debate on whether government’s intervention in economic activities can stimulate economic growth once again rose within the countries of Central and Eastern Europe. They have passed a harsh transition process, pressed on by the intention to join the EU, which involved accelerating the degree of economic freedom and fostering growth, respectively. Despite meaningful progresses, these countries have still a lot left to do in order to strengthen a solid legal system that is able to guarantee a liberal economic system, protected from political influence.

Suggested Citation

  • Sinziana Baltatescu & Liviu-George Maha, 2013. "STATE vs MARKET IN CENTRAL AND EASTERN EUROPE," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 5(2), pages 197-204.
    • Handle: RePEc:jes:wpaper:y:2013:v:5:i:2:p:197-204
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    More about this item

    Keywords

    state; market; economic freedom; Central and Eastern Europe Romania;
    All these keywords.

    JEL classification:

    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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