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Approaches, Hopes and Reality in Transition Economies

  • Pasquale Tridico
  • Maria Lissowska

More than twenty years have now passed since the fall of the Berlin wall. Transition from planned economy towards market economy was supposed to bring success in both democracy and economic development. However, many transition economies have not become richer yet, nor more democratic, and fundamental cleavages among transition paths can be observed. The relatively better transition of most of the Central and Eastern European Countries than of the former Soviet Republics, in both economic and political terms, can be explained on the basis of different levels of social capital, trust, civil society involvement, transformation strategies, labour market performance and changes, and the emergence of a middle class, leading to different levels of democracy and development.

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Article provided by Associazione Rossi Doria in its journal QA.

Volume (Year): (2010)
Issue (Month): 4 (December)
Pages:

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Handle: RePEc:rar:journl:0198
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  1. Pasquale Tridico, 2007. "Institutions, Human Development and Economic Growth in Transition Economies," The European Journal of Development Research, Taylor and Francis Journals, vol. 19(4), pages 569-593.
  2. Tito Boeri & Katherine Terrell, 2002. "Institutional Determinants of Labor Reallocation in Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 51-76, Winter.
  3. Justin Yifu Lin, 2005. "Viability, Economic Transition and Reflection on Neoclassical Economics -super-* ," Kyklos, Wiley Blackwell, vol. 58(2), pages 239-264, 04.
  4. Peter Murrell, 1991. "Can Neoclassical Economics Underpin the Reform of Centrally Planned Economies?," Journal of Economic Perspectives, American Economic Association, vol. 5(4), pages 59-76, Fall.
  5. Caves, Richard E, 1974. "Multinational Firms, Competition, and Productivity in Host-Country Markets," Economica, London School of Economics and Political Science, vol. 41(162), pages 176-93, May.
  6. Fabio Sabatini, 2008. "Social Capital and the Quality of Economic Development," Kyklos, Wiley Blackwell, vol. 61(3), pages 466-499, 08.
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