Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19465 
Year of Publication: 
2000
Series/Report no.: 
HWWA Discussion Paper No. 86
Publisher: 
Hamburg Institute of International Economics (HWWA), Hamburg
Abstract: 
Most countries commonly classified as „in transition“ are still recognisably different from other countries with a similar income per capita in some respects: a larger share of their work force is in industry, they use more energy, they have a more extensive infrastructure and invest more in schooling. However, in terms of the „software“ necessary for a market economy, two groups emerge: the countries that are candidates for EU membership seem to have partly completed the transition. By contrast, the countries from the former Soviet Union that form the CIS and the BALKAN countries, are still lagging behind especially in terms of the enforcement of property rights and the development of financial markets.
Document Type: 
Working Paper

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