Would a Second Transition Stage Prolong the Initial Period of Post-socialist Economic Transformation into Market Capitalism?
AbstractThe article attempts to define the relevant yardsticks that can be used to delineate the end of the transition process or, alternatively, a second stage in the post-socialist economic transformation into market capitalism. A first benchmark is EU accession, but it does not apply to non accession transitional economies. Moreover, a delay is going to appear between accession and the full benefit of common policies - a second transition period will open in May 2004. Convergence criteria are likely to postpone the end of transition for decades, if not for ever. Institution building varies significantly among transition countries, but the non accession countries are trapped for a long time in a no man's land between the former system and a market economy with its necessary institutions. Our privileged analysis is that transition ends when the economic phenomena that are specific to transition will vanish (and the associated concepts will disappear). These are assumed to be transformational recession, transitional unemployment, barterisation, the typical informal sector and managerial entrenchment. They are not going to fade away without a second stage of transition
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Cattaneo University (LIUC) in its journal The European Journal of Comparative Economics.
Volume (Year): 1 (2004)
Issue (Month): 1 (June)
Contact details of provider:
Postal: Corso Matteotti 22 - Castellanza (VA) 21053
Phone: +39 (0)331-572 1
Fax: +39 (0)331-572 320
Web page: http://eaces.liuc.it/default.asp
More information through EDIRC
transition economies; EU enlargement; economic convergence; institution building; transitional specificities;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
- P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Business, and Aid
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wendy Carlin & Steven Fries & Mark Schaffer & Paul Seabright, 2000.
"Barter and Non-Monetary Transactions in Transition Economies: Evidence from a Cross-Country Survey,"
CERT Discussion Papers
0004, Centre for Economic Reform and Transformation, Heriot Watt University.
- Carlin, Wendy & Fries, Steven & Schaffer, Mark & Seabright, Paul, 2000. "Barter and Non-Monetary Transactions in Transition Economies: Evidence from a Cross-Country Survey," Open Access publications from University of Toulouse 1 Capitole http://neeo.univ-tlse1.fr, University of Toulouse 1 Capitole.
- Wendy Carlin & Steven Fries & Mark Schaffer & Paul Seabright, 2000. "Barter and non-monetary transactions in transition economies: Evidence from a cross-country survey," Working Papers 50, European Bank for Reconstruction and Development, Office of the Chief Economist.
- Dalia Marin & Monika Schnitzer, 2000.
"Disorganization and Financial Collapse,"
CESifo Working Paper Series
339, CESifo Group Munich.
- Dalia Marin & Monika Schnitzer, 1999. "Disorganization and Financial Collapse," William Davidson Institute Working Papers Series 285, William Davidson Institute at the University of Michigan.
- Marin, Dalia & Schnitzer, Monika, 1999. "Disorganization and Financial Collapse," CEPR Discussion Papers 2245, C.E.P.R. Discussion Papers.
- Boeri, Tito, 2000.
"Optimal Speed of Transition 10 Years After,"
CEPR Discussion Papers
2384, C.E.P.R. Discussion Papers.
- Frye, Timothy & Shleifer, Andrei, 1997.
"The Invisible Hand and the Grabbing Hand,"
American Economic Review,
American Economic Association, vol. 87(2), pages 354-58, May.
- Morris Bornstein, 1997. "Non-standard methods in the privatization strategies of the Czech Republic, Hungary and Poland," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 5(2), pages 323-338, November.
- Blanchard, Olivier & Kremer, Michael, 1997.
The Quarterly Journal of Economics,
MIT Press, vol. 112(4), pages 1091-1126, November.
- Olivier Blanchard & Michael Kremer, 1997. "Disorganization," William Davidson Institute Working Papers Series 38, William Davidson Institute at the University of Michigan.
- Blanchard, O & Kremer, M, 1996. "Disorganization," Working papers 96-30, Massachusetts Institute of Technology (MIT), Department of Economics.
- Blanchard, Olivier & Kremer, Michael R., 1997. "Disorganization," Scholarly Articles 3659691, Harvard University Department of Economics.
- Aghion, P. & Blanchard, O.J., 1993.
"On the Speed of Transition in Central Europe,"
93-8, Massachusetts Institute of Technology (MIT), Department of Economics.
- Philippe Aghion & Olivier Jean Blanchard, 1994. "On the Speed of Transition Central Europe," NBER Working Papers 4736, National Bureau of Economic Research, Inc.
- Jan Amrit Poser, 1998. "Monetary disruptions and the emergence of barter in FSU economies," Post-Communist Economies, Taylor and Francis Journals, vol. 10(2), pages 157-177.
- Peter Murrell, 1996. "How Far Has the Transition Progressed?," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 25-44, Spring.
- Wladimir Andreff, 2000. "Corporate governance and residual state property (two qualitative shortcomings of privatization in transition countries)," Politická ekonomie, University of Economics, Prague, vol. 2000(3).
- J. Stiglitz, 1999. "Whither Reform? Ten Years of the Transition," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
- Kornai Janos, 1994. "Transformational Recession: The Main Causes," Journal of Comparative Economics, Elsevier, vol. 19(1), pages 39-63, August.
- Josef C. Brada, 1996. "Privatization Is Transition--Or Is It?," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 67-86, Spring.
- Michel Aglietta & Camille Baulant & Sandra Moatti, 2003. "Les PECO devant la tentation de l'euro," Economie Internationale, CEPII research center, issue 93, pages 11-36.
- Hare, Paul G & Hughes, Gordon, 1991. "Competitiveness and Industrial Restructuring in Czechoslovakia, Hungary and Poland," CEPR Discussion Papers 543, C.E.P.R. Discussion Papers.
- Tito Boeri, 1994. ""Transitional" unemployment," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 2(1), pages 1-25, 03.
- Burda, Michael C, 1994. "Structural Change and Unemployment in Central and Eastern Europe: Some Key Issues," CEPR Discussion Papers 977, C.E.P.R. Discussion Papers.
- Wladimir Andreff, 2000. "Corporate governance and residual state property (two qualitative shortcomings of privatization in transition countries)," Prague Economic Papers, University of Economics, Prague, vol. 2000(1).
- Vives,Xavier (ed.), 2000. "Corporate Governance," Cambridge Books, Cambridge University Press, number 9780521781640.
- J Rostowski, 1993. "The Inter-Enterprise Debt Explosion in the Former Soviet Union: Causes, Consequences, Cures," CEP Discussion Papers dp0142, Centre for Economic Performance, LSE.
- Ellman, Michael, 1997. "The Political Economy of Transformation," Oxford Review of Economic Policy, Oxford University Press, vol. 13(2), pages 23-32, Summer.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Piero Cavaleri).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.