CEU Electronic Theses and Dissertations, 2015
Author | Perlaky-Tóth, Krisztina |
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Title | 25 years of transformation - the transition economies in today's Europe |
Summary | The aim of my thesis is to reevaluate the state of the East-West divide in Europe. I will also explore which factors related to the transition process played important roles in the economic development of the European transition economies over the last two decades. The relative country positions among the European countries are shown through a cluster analysis covering two time periods: 1992-2004 and 2005-2013. I also conduct a panel regression analysis on the 1992-2013 period. I use the EBRD transition indicators and measures of political and economic freedom to explain the economic growth in the European transition economies. This study finds that the East-West divide has not yet disappeared, however, some transition countries made considerable progress. I also show that some aspects of the transition process and the improvement in the scope of economic freedom influenced growth in the transition countries in the long run. |
Supervisor | Bokros, Lajos |
Department | Economics MA |
Full text | https://www.etd.ceu.edu/2015/toth_krisztina.pdf |
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