Ten Years after: What is Special About Transition Countries?

31 Pages Posted: 2 Apr 2001

See all articles by Daniel Gros

Daniel Gros

Centre for European Policy Studies, Brussels; CESifo (Center for Economic Studies and Ifo Institute)

Marc Suhrcke

Hamburg Institute of International Economics (HWWI)

Date Written: August 2000

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 South-eastern European (SEE) countries, are still largely lagging behind in terms of the enforcement of property rights and the development of financial markets.

Keywords: Transition economies, development level

JEL Classification: P20, P52

Suggested Citation

Gros, Daniel and Suhrcke, Marc, Ten Years after: What is Special About Transition Countries? (August 2000). Available at SSRN: https://ssrn.com/abstract=263348

Daniel Gros (Contact Author)

Centre for European Policy Studies, Brussels ( email )

1 Place du Congres
B-1000 Brussels, 1000
Belgium

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

HOME PAGE: http://www.CESifo.de

Marc Suhrcke

Hamburg Institute of International Economics (HWWI) ( email )

Heimhuder Strasse 71
20347 Hamburg, DE Hamburg 20148
Germany

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