Ten Years After: What Is Special about Transition Countries?

Daniel Gros and Marc Suhrcke

No 26236, Discussion Paper Series from Hamburg Institute of International Economics

Abstract: Most countries commonly classified as "in transition" are still recognisably different from other countries with a similar income per capita in some respects: a larger share of their work force is in industry, they use more energy, they have a more extensive infrastructure and invest more in schooling. However, in terms of the "software" necessary for a market economy, two groups emerge: the countries that are candidates for EU membership seem to have partly completed the transition. By contrast, the countries from the former Soviet Union that form the CIS and the BALKAN countries, are still lagging behind especially in terms of the enforcement of property rights and the development of financial markets.

Keywords: Political; Economy (search for similar items in EconPapers)
Pages: 31
Date: 2000
References: View complete reference list from CitEc
Citations: View citations in EconPapers (51)

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Working Paper: Ten Years After: What is Special about Transition Countries? (2000)
Working Paper: Ten years after: What is special about transition countries? (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:hwwadp:26236

DOI: 10.22004/ag.econ.26236

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