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This paper presents the detailed analysis of real economic convergence in 27 former socialist countries. We focus on … two concepts of convergence: absolute (unconditional) à3B2 convergence and à3C3 convergence. The period analysed is 1990 …-2005. In the paper we embark on a very wide empirical study of convergence. First, we analyse the catching-up process in the …
Persistent link: https://www.econbiz.de/10014219741
terms of their convergence in selected macroeconomic fundamentals. The analysis uses monthly data on industrial output … natural economic integration among them so far. Certain levels of convergence occurred only for a limited number of countries …
Persistent link: https://www.econbiz.de/10014142550
The paper is analysing the process of economic convergence of transition countries during the period 1995-2004. Within … the analysed period unconditional B-convergence across the transition economies existed. We could also discover the … reduction of dispersion of income levels between accession countries (sigma-convergence). Comparative analyses of the new EU …
Persistent link: https://www.econbiz.de/10014063813
This paper presents an analysis of the welfare convergence among 27 transition economies based on the evaluation of a …
Persistent link: https://www.econbiz.de/10013294677
The transitional recession in countries of Eastern Europe and the Former Soviet Union has lasted much longer than expected. The legacy of the past and recent policy mistakes have both contributed to the slow progress. As structural reforms and gradual institution building have taken hold, the...
Persistent link: https://www.econbiz.de/10014399834
Using a unique dataset for 14 transition economies, we propose a new measure for individual evaluations of transitional reforms, which we use to study, for the first time, the evolution of support for economic and political reforms from 1991 to 2004. We show that support for economic changes has...
Persistent link: https://www.econbiz.de/10011737236
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