Central and Eastern Europe Countries: Experience of System Transformation

2006 ◽  
pp. 97-114
Author(s):  
V. Kudrov

Theoretical prerequisites, basic stages and mechanisms of the system market democratic transformation of the countries of Central and Eastern Europe are considered in the article. Special attention is paid to the methods of realization and strategic features of privatization of former state enterprises as well as to succeeding economic growth, rise in economic efficiency, increase of competitiveness and improving of living standards.

2021 ◽  
Vol 24 (4) ◽  
pp. 69-84
Author(s):  
Csilla Polster

The study investigates the economic growth in Central and Eastern Europe in the last 25 years. The economy can be regarded as a substantial topic in any country, but it is even more interesting in developing countries. One of the basic ideas of the European Union is the convergence between member states, namely the reduction of development disparities, which can be achieved through faster economic growth in less‑developed countries. Growth theory is one of the main topics in economics. Its significant importance is because the desire for development is one of the main driving forces of mankind. The aim of the study is to reveal the crucial differences and common features between the growth paths of the eleven Central and Eastern European member states of the European Union. After presenting growth theories, the growth performance of the examined Central and Eastern European member states is pinpointed. During the research, GDP per capita, population, migration, activity rate, employment rate, unemployment rate, foreign direct investment and foreign trade openness are considered.


2015 ◽  
Vol 18 (1) ◽  
pp. 5-23 ◽  
Author(s):  
Joanna Poznańska ◽  
Kazimierz Poznański

Based on analysis of economic growth indicators for 1989-2014, this article distinguishes the “emerging markets” of Central and Eastern Europe (with Russia included), from the other economies that fall in the broad ‘emerging markets’ category. Following the post–1989 reforms, the countries of the region share many of the same typical institutional features as other “emerging economies”, but not necessarily the associated economic outcomes. What characterizes “emerging economies” is that they grow fast enough to systematically close the distance dividing them from the advanced economies, creating convergence. Departing from this pattern, Central and Eastern Europe (and Russia) have so far fallen short in terms of the growth rates, and the region as a whole has not made much progress in catching up. By more than doubling its national product Poland is the only notable exception in the region, although Slovenia may fit in the same category. At the other extreme, some of the economies actually lost two decades in terms of reducing the gaps, and some even fell further behind (e.g., Serbia, Ukraine). These findings have potentially serious implications for economic theory in general and for the presumption that globalization processes act as a unifying developmental force.


2002 ◽  
Vol 46 (1) ◽  
Author(s):  
Olaf Kühne

Ecology and economics in Eastern Central and Eastern Europe - socialistic heritage and system transformation: The system transformation in Eastern Central and Eastern Europe led to a delay of the ecological problems: In the socialist era the secondary economic sector was the main-emitter of pollutants, now the main-causes are the private households. The diminution of the industrial emissions thereby was, besides changed political basic conditions, also ascribable on the force to increase the competitiveness in international economic contest.


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