Reforms and Growth in Transition: Re-Examining the Evidence

Posted: 9 Sep 2005

See all articles by Elisabetta Falcetti

Elisabetta Falcetti

European Bank for Reconstruction and Development (EBRD)

Tatiana Lysenko

European Bank for Reconstruction and Development (EBRD) - Office of the Chief Economist

Peter Sanfey

European Bank for Reconstruction and Development (EBRD)

Date Written: August 15, 2005

Abstract

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

Falcetti, Elisabetta and Lysenko, Tatiana and Sanfey, Peter, Reforms and Growth in Transition: Re-Examining the Evidence (August 15, 2005). ; EBRD Working Paper No. 90. Available at SSRN: https://ssrn.com/abstract=784347

Elisabetta Falcetti (Contact Author)

European Bank for Reconstruction and Development (EBRD) ( email )

One Exchange Square
London, EC2A 2EH
United Kingdom

Tatiana Lysenko

European Bank for Reconstruction and Development (EBRD) - Office of the Chief Economist ( email )

One Exchange Square
London EC2A 2JN
United Kingdom

Peter Sanfey

European Bank for Reconstruction and Development (EBRD) ( email )

One Exchange Square
London, EC2A 2JN
United Kingdom
+44 20 7338 6227 (Phone)
+44 20 7338 6110 (Fax)

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