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Conclusion

Pasquale Tridico

Chapter 9 in Institutions, Human Development and Economic Growth in Transition Economies, 2011, pp 254-259 from Palgrave Macmillan

Abstract: Abstract This book has analysed the economic transition in the CEECs and in the FSRs. It has tried to explain why these countries had different performances during transition, what were the main institutional problems and causes of friction during transformation, and the role of institutions on economic development. It has explained why some of them grew faster than others, whether the model of capitalism that they adopted was relevant for economic development and what are, in the end, the main determinants of a process of economic development, which includes both income (GDP) and non-income dimensions (life expectancy and education levels in particular, i.e., human evelopment).

Keywords: Social Capital; Middle Class; Transition Economy; Current Crisis; Power Group (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-31388-0_10

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DOI: 10.1057/9780230313880_10

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