Economics, Institutions, History and Geography in the Transition Process
AbstractThis paper provides a comparative analysis of macroeconomic trends in the transition economies over the 1992-2003 period. It also describes some differences between the transition economies and emerging markets more generally. Good governance and appropriate institutions are found to be essential ingredients for success. However, history and geography seem to have predetermined the economic successes and failures. Being close to the EU provided the advantage of future accession while having been part of the Soviet Union proved to be a severe handicap.
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Bibliographic InfoPaper provided by UNECE in its series ECE Discussion Papers Series with number 2005_8.
Length: 25 pages
Date of creation: Dec 2005
Date of revision:
Publication status: Published in UNECE Discussion Paper Series, No. 2005_8
Transition economy; European macroeconomics; Economic institutions; Economic growth;
Find related papers by JEL classification:
- P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
- P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- N9 - Economic History - - Regional and Urban History
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.:
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