A major theme in accounts of the transitional recession and delayed convergence in post-communist economies is the role … of institutions. Yet via unification, East Germany had immediate access to credible, high quality institutions. This … paper argues that success in a capitalist economy depends not only on high quality institutions but also on finding one …

-sustaining growth. -- transition ; institutions ; East Germany ; tradeables ; convergence …A major theme in accounts of the transitional recession and delayed convergence in post-communist economies is the role … of institutions. Yet via unification, East Germany had immediate access to credible, high quality institutions. This …

Central Europe has experienced one of the most impressive growth and convergence stories of recent times. In particular …

economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the … equalization between the CEE countries and the EU15 is verified based on the β and σ convergence concepts. Second, the impact of … a clear-cut income-level convergence toward the EU15 and that variables associated with the EU membership (increasing …

The paper emphasizes the transition in Russia and the role institutions played before and during the process. In Russia …, a big bang approach was applied. That is to say, transition was conducted all of a sudden, omitting important underlying …

' for higher education institutions, or in other words provide them with appropriate resources and regulatory environments …

, though. Better domestic institutions facilitate EU integration, although they favour industries with less complex product …

exceptionalism: Sweden became rich because of well-functioning capitalist institutions, and inequality was low before the expansion …