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A Taxonomy of Post-communist Economies After 30 Years of Reforms

In: 30 Years since the Fall of the Berlin Wall

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  • Gennadi Kazakevitch

    (Monash University)

Abstract

An attempt at clustering post-communist economies and comparing them with the existing economic systems was undertaken in the late 1990s, less than 10 years after the beginning of the transformation (Kazakevitch in Russian and Euro-Asian Bulletin 7(7), 1–7, 1998). Then the conclusion was that the transition was already over, and transitional economies had appeared to correspond to a range of clusters associated with quite different systems—form the OECD countries to the absolutely unfree Burma and North Korea. This paper uses a similar methodology based on the Economic Freedom data and Cluster Analysis. The questions are where—in terms of cluster association—the post-communist economies are at the moment, and if any of them have managed to improve, or have they downgraded their standing during the further 20 years?

Suggested Citation

  • Gennadi Kazakevitch, 2020. "A Taxonomy of Post-communist Economies After 30 Years of Reforms," Palgrave Studies in Economic History, in: Alexandr Akimov & Gennadi Kazakevitch (ed.), 30 Years since the Fall of the Berlin Wall, chapter 0, pages 13-29, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-981-15-0317-7_2
    DOI: 10.1007/978-981-15-0317-7_2
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