IDEAS home Printed from
   My bibliography  Save this article

The Post-Socialist Transformation of Central and Eastern European Countries at the Turn of the Century: Regional Development and Economic Inequality


  • Askar Akaev

    (Lomonosov Moscow State University)

  • Yuri Ichkitidze

    (Department of Finance National Research University “Higher School of Economics†St-Petersburg branch, Director of Center of Experimental Economics at St-Petersburg State University of Economics)

  • Askar Sarygulov

    (Sankt-Petersburg State University of Architecture and Civil Engineering)

  • Valentin Sokolov

    (Saint Petersburg State University of Economics)


The evolution of the socio-economic systems is a non-linear process and it contains periods with smooth changes and subsequent periods of sharp jump transformation. The general design of new prospects opens at a stage of the birth of evolutionary processes, their forecasting requires the analysis of the historical prerequisites and risks, which are closely integrated to the change of moods in society. With the collapse of the Soviet Union, the newly independent states have passed the transformational and evolutional stage of development from the regional economy (they actually were the regions) to the economy of the state; the Central and Eastern European countries have experienced a dramatic “drift†to the European Union. In the article, the results of almost 25 years’ transformation of these states are considered. New states, formed as a result of the collapse of the USSR, passed throughout three types of transformation. Firstly, it is the transformation at the ideological level. The transformation of the second type was purely economic. The third type can be characterized as the institutional (including structural and financial) transformation. It is shown that one of the important reasons for the modest economic performance in the post-Soviet space is that newly independent states ignore and do not use in the practice the principles of regional policy and regional modernization. One of the important characteristic of the social and economic evolution of the countries of Eastern Europe after 1990 became the process of stratification and social differentiation of society with an insufficiently strong middle class and the polarization in income levels between the different regions. The increasing polarization in the income levels of the various regions acts as the dominating trend of the growing economic inequality.

Suggested Citation

  • Askar Akaev & Yuri Ichkitidze & Askar Sarygulov & Valentin Sokolov, 2016. "The Post-Socialist Transformation of Central and Eastern European Countries at the Turn of the Century: Regional Development and Economic Inequality," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 613-626.
  • Handle: RePEc:ura:ecregj:v:1:y:2016:i:3:p:613-626

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Timothy Moss, 2008. "‘Cold spots’ of Urban Infrastructure: ‘Shrinking’ Processes in Eastern Germany and the Modern Infrastructural Ideal," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(2), pages 436-451, June.
    2. Martin Hallet, 1997. "National and Regional Development in Central and Eastern Europe: Implications for EU Structural Assistance," European Economy - Economic Papers 2008 - 2015 120, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    3. Mojmir Mrak & Sandor Richter & Tamás Szemlér, 2015. "Cohesion Policy as a Function of the EU Budget: A Perspective from the CEE Member States," wiiw Research Reports 400, The Vienna Institute for International Economic Studies, wiiw.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Akaev, A. A. & Ichkitidze,Yu. R. & Sarygulov, A. I. & Sokolov, V. N., 2016. "Post-Socialist Transformation of Central and Eastern Europe at the Turn of the Century: Regional Development and Economic Inequality," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 2(3), pages 279-289.
    2. Blaeschke, Frédéric & Haug, Peter, 2014. "Does Intermunicipal Cooperation Increase Efficiency? Evidence from the Hessian Wastewater Sector," IWH Discussion Papers 11/2014, Halle Institute for Economic Research (IWH).
    3. Roman, Monica, 2006. "Diferenţa dintre genuri în alocarea timpului liber în România [Gender Difference in Alloting Leisure Time in Romania]," MPRA Paper 7689, University Library of Munich, Germany.
    4. Faragó László & Varró Krisztina, 2016. "Shifts in EU Cohesion Policy and Processes of Peripheralization: A View from Central Eastern Europe," European Spatial Research and Policy, Sciendo, vol. 23(1), pages 5-19, June.
    5. Reiner Martin, 1998. "Financing EU cohesion policy in Central and Eastern Europe," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 33(3), pages 103-111, May.
    6. Alison Browne & Will Medd & Ben Anderson, 2013. "Developing Novel Approaches to Tracking Domestic Water Demand Under Uncertainty—A Reflection on the “Up Scaling” of Social Science Approaches in the United Kingdom," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 27(4), pages 1013-1035, March.
    7. Daniel Hummel, 2016. "Inter-State Internal Migration: State-level Wellbeing as a Cause," Journal of Happiness Studies, Springer, vol. 17(5), pages 2149-2165, October.
    8. Jiří Balcar & Jan Šulák, 2021. "Urban environmental quality and out-migration intentions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 66(3), pages 579-607, June.
    9. Christian Bergholz & Ivo Bischoff, 2015. "Citizens‘ preferences for inter-municipal cooperation in rural areas: evidence from a survey in three Hessian counties," MAGKS Papers on Economics 201523, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    10. Busch, Berthold, 2002. "Die Erweiterung der Europäischen Union: Das Regionalgefälle wird größer," IW-Trends – Vierteljahresschrift zur empirischen Wirtschaftsforschung, Institut der deutschen Wirtschaft (IW) / German Economic Institute, vol. 29(2), pages 27-36.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ura:ecregj:v:1:y:2016:i:3:p:613-626. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: .

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Naydenov (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.