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Measuring Progress in Transition

In: Divergent Paths in Post-Communist Transformation

Author

Listed:
  • Oleh Havrylyshyn

Abstract

There is a broad consensus amongst experts that Central Europe and the Baltics have progressed much further towards a market economy than have countries of the Commonwealth of Independent States (CIS); and that of the latter, Belarus, Turkmenistan and, arguably, Uzbekistan have not changed much. Such a view is also widely held by the citizens of these countries. While such broad judgments are probably correct, for analytical purposes it is surely better to have a more rigorous, objective measure of transition progress. Unfortunately, there can be no single measure of a country’s progress along this path since transformation from a centrally-planned economy with state ownership to a market economy with private ownership involves more than changes in economic arrangements, and encompasses political, social and — as is increasingly recognized — institutional changes.

Suggested Citation

  • Oleh Havrylyshyn, 2006. "Measuring Progress in Transition," Studies in Economic Transition, in: Divergent Paths in Post-Communist Transformation, chapter 2, pages 47-77, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-50285-7_3
    DOI: 10.1057/9780230502857_3
    as

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