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Transition in Southeast Europe: Understanding Economic Development and Institutional Change

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  • Milica Uvalic

Abstract

The paper analyses the 20-year experience with transition in the SEE countries in a comparative framework, illustrating how these countries encountered difficulties in its implementation, despite having some of the best starting conditions in 1989 to implement a swift transition to a market economy. The paper recalls the initial conditions in the SEE region in 1989, macroeconomic performance and progress achieved in the various transition-related economic reforms.

Suggested Citation

  • Milica Uvalic, 2010. "Transition in Southeast Europe: Understanding Economic Development and Institutional Change," WIDER Working Paper Series wp-2010-041, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2010-041
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    File URL: https://www.wider.unu.edu/sites/default/files/2010-41.pdf
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    References listed on IDEAS

    as
    1. Friedrich Schneider, 2003. "The Development of the Shadow Economies and Shadow Labour Force of 21 OECD and 22 Transition Countries," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(01), pages 17-23, February.
    2. repec:ces:ifodic:v:1:y:2003:i:1:p:14567827 is not listed on IDEAS
    3. Milica Uvalic, 2006. "Trade in Southeast Europe : recent trends and some policy implications," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 3(2), pages 171-195, December.
    4. Friedrich Schneider, 2003. "The Development of the Shadow Economies and Shadow Labour Force of 21 OECD and 22 Transition Countries," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(1), pages 17-23, 02.
    5. Milica Uvalic, 2001. "Regional Cooperation in Southeastern Europe," One Europe or Several? Working Papers 17, One-Europe Programme.
    6. Vladimir Popov, 2009. "Lessons from the Transition Economies: Putting the Success Stories of the Postcommunist World into a Broader Perspective," WIDER Working Paper Series RP2009-15, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Arslan, Ahmad & Tarba, Shlomo Y. & Larimo, Jorma, 2015. "FDI entry strategies and the impacts of economic freedom distance: Evidence from Nordic FDIs in transitional periphery of CIS and SEE," International Business Review, Elsevier, vol. 24(6), pages 997-1008.
    2. Eszter Kazinczy, 2021. "The two distinct systems of socialist Albania and SFR Yugoslavia: A comparative analysis using Kornai?s ?Main Line of Causality?," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 10(2), pages 31-51.
    3. Goran Radosavljeviæ & Mihajlo Babin & Miloš Eriæ & Jelisaveta Lazareviæ, 2020. "Income convergence between Southeast Europe and the European Union," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(2), pages 499-519.

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