Reforms and Growth in Transition: Re-Examining the Evidence
World Bank Policy Research Working Paper No. 3600
EBRD Working Paper No. 90
Posted: 9 Sep 2005
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: Suggested Citation
Elisabetta Falcetti (Contact Author)
European Bank for Reconstruction and Development (EBRD) ( email )
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Tatiana Lysenko
European Bank for Reconstruction and Development (EBRD) - Office of the Chief Economist ( email )
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Peter Sanfey
European Bank for Reconstruction and Development (EBRD) ( email )
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