This study gauges the status of transition in the formerly centrally planned economies of Eastern Europe and Central Asia, using a broad approach that compares countries with respect to their business environment, competition, and managerial practices; and assesses transition progress at the level of 13 economic sectors. The largest transition gaps remain in Central Asia and some Eastern European and Western Balkans countries. However, significant reform needs also remain in some Central European and Baltic countries, particularly in energy efficiency, transport, and in the financial sector where regulatory regimes require strengthening and local capital markets need to be developed.
- Publisher:
-
UNU-WIDER
- Series:
- WIDER Working Paper
- Volume:
- 2010/91
- Title:
- WP/91 European Transition at Twenty: Assessing Progress in Countries and Sectors
- Authors:
- Erik Berglöf, Lise Bruynooghe, Heike Harmgart, Peter Sanfey, Helena Schweiger, and Jeromin Zettelmeyer
- Publication date:
- August 2010
- ISBN 13 Print:
- 978-92-9230-329-7
- Copyright holder:
- © UNU-WIDER
- Copyright year:
- 2010
- Keywords:
- transition, economic reform, managerial practices, competition, business environment
- JEL:
- P20, P23, M1, L4
- Project:
-
Reflections on Transition: Twenty Years After the Fall of the Berlin Wall
- Sponsor:
- UNU-WIDER acknowledges the financial contribution to the conference by the Finnish Ministry for Foreign Affairs and the continued support to the research programme by the governments of Denmark (Royal Ministry of Foreign Affairs), Finland (Ministry for Foreign Affairs), Sweden (Swedish International Development Cooperation Agency—Sida) and the United Kingdom (Department for International Development).
- Format:
- online and printed copies