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Transition Report 2013 Stuck in transition?

CH1 180sq

Facts at a glance

2% projected growth of the transition region in 2013, the lowest rate in 15 years (with the exception of the 2009 recession).

IN 15 countries support for markets declined after the crisis.

Cover 180sqV2

 

AROUND
2005
The year by which most transition countries had closed the productivity gap, compared to other countries at similar income levels.

1% estimated average boost to long-run annual growth of GDP per worker in non-EU transition countries resulting from institutional reform.


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Convergence at risk

References

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D. Acemoğlu and S. Johnson (2005)
“Unbundling Institutions” Journal of Political Economy, Vol. 113, No 5, pp. 949-995.

T. Becker, D. Dăianu, Z. Darvas, V. Gligorov, M. Landesmann, P. Petrović,
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“Whither growth in central and eastern Europe? Policy lessons for an integrated Europe”, Bruegel Blueprint 11.

E. Berglӧf, J. Lehne and J. Zettelmeyer (2013)
“Is convergence over?” EBRD Working Paper, http://www.ebrd.com/pages/research/publications/workingpapers.shtml

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Transition Report 2009: Transition in Crisis?, London.

EBRD (2010)
Transition Report 2010: Recovery and Reform, London.

EBRD (2011a)
Transition Report 2011: Crisis and Transition: The People’s Perspective, London.

EBRD (2011b)
Life in Transition Survey II. London.

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D.C. North and B.R. Weingast (1989)
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M. Olson (2000)
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World Bank (2012)
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