Economics at your fingertips  

Thirty Years of Transition: Eleven Stylised Facts

Oleh Havrylyshyn ()
Additional contact information
Oleh Havrylyshyn: Carleton University

Chapter 11 in The Palgrave Handbook of Comparative Economics, 2021, pp 287-311 from Springer

Abstract: Abstract This chapter presents basic statistical facts on the process of transformation in Central and Eastern Europe over thirty years. The presentation is intentionally descriptive, to be as neutral as possible. Several measures of performance since about 1990 are reviewed including GDP, direct consumption measures, the Gini coefficient and the Human Development Index. The paths of economic reforms and democratisation are also traced. Overall, we present eleven stylised facts, three of which stand out: virtually all communist countries have changed considerably and have integrated significantly into global relations; in the first decade all suffered considerable decline of output, living standards and widening of income distribution; however, the length of the deterioration, its extent and the eventual improvement varied considerably, with Central Europe generally doing better than the former Soviet states.

Keywords: Post-communist transition; Economic reforms; Democratisation; Central Europe; Former Soviet states (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This item can be ordered from

DOI: 10.1007/978-3-030-50888-3_11

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

Page updated 2023-02-05
Handle: RePEc:spr:sprchp:978-3-030-50888-3_11