2015
DOI: 10.1515/cer-2015-0029
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Catching Up And Falling Behind: Four Puzzles After Two Decades Of Post-Communist Transformation

Abstract: After more than two decades since the exit from Communism, no former communist country has been completely successful in catching up with the technological frontier countries. However, they divide into two groups: those which decreased the GDP gap with frontier countries since 1989-1990, and those which failed to do so. One may ask: What were the decisive causal conditions for their progress or failure in convergence? Were they the early implementation of Washington consensus style market reforms; thei… Show more

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Cited by 4 publications
(1 citation statement)
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References 21 publications
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“…One of the main objectives of the post-socialist countries joining the European Union in 2004 has been to catch up to the average of the existing member states (Artelaris et al 2010;Farkas 2016;Gorzelak et al 2010;Lux, Horvath 2017;Molendowski 2017;Norkus 2015). The economic catching up processes of less developed countries and regions can be assessed in various ways, and it is most common to measure it with GDP per capita, e.g., in the practice of the European Union.…”
Section: Introductionmentioning
confidence: 99%
“…One of the main objectives of the post-socialist countries joining the European Union in 2004 has been to catch up to the average of the existing member states (Artelaris et al 2010;Farkas 2016;Gorzelak et al 2010;Lux, Horvath 2017;Molendowski 2017;Norkus 2015). The economic catching up processes of less developed countries and regions can be assessed in various ways, and it is most common to measure it with GDP per capita, e.g., in the practice of the European Union.…”
Section: Introductionmentioning
confidence: 99%