Reforms and Growth in Transition: Re-Examining the Evidence
EBRD Working Paper No. 90
Posted: 9 Sep 2005
Date Written: August 15, 2005
A positive link between progress in market-oriented reforms and cumulative growth has been recorded across transition countries. This paper shows that progress in transition in one period can significantly affect growth in the subsequent period, and this growth can act as an immediate spur to further reform.
Keywords: Transition, structural reforms, economic growth
JEL Classification: O57, P24
Suggested Citation: Suggested Citation