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European Transition at Twenty

Author

Listed:
  • Berglöf, Erik
  • Bruynooghe, Lise
  • Harmgart, Heike
  • Sanfey, Peter
  • Schweiger, Helena
  • Zettelmeyer, Jeromin

Abstract

This study gauges the status of transition in the formerly centrally planned economies of Eastern Europe and Central Asia, using a broad approach that compares countries with respect to their business environment, competition, and managerial practices; and assesses transition progress at the level of 13 economic sectors. The largest transition gaps remain in Central Asia and some Eastern European and Western Balkans countries. However, significant reform needs also remain in some Central European and Baltic countries, particularly in energy efficiency, transport, and in the financial sector where regulatory regimes require strengthening and local capital markets need to be developed.

Suggested Citation

  • Berglöf, Erik & Bruynooghe, Lise & Harmgart, Heike & Sanfey, Peter & Schweiger, Helena & Zettelmeyer, Jeromin, 2010. "European Transition at Twenty," WIDER Working Paper Series 091, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp2010-91
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    Cited by:

    1. Martijn Boermans & Hein Roelfsema, 2015. "The Effects of Internationalization on Innovation: Firm-Level Evidence for Transition Economies," Open Economies Review, Springer, vol. 26(2), pages 333-350, April.
    2. Ariane TICHIT & Solenne TANGUY, 2012. "Initial reforms and dynamics of transition," Working Papers 201215, CERDI.
    3. repec:ebd:wpaper:145 is not listed on IDEAS

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    Keywords

    transition; economic reform; managerial practices; competition; business environment;

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