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Imperfect Convergence of Central and Eastern Europe 1992–2020. The impact of social capabilities and early reform strategies.

Smarduch, Klara LU (2023) EKHS21 20231
Department of Economic History
Abstract
In the aftermath of significant geopolitical shifts in 1989, Central and Eastern Europe (CEE) underwent pivotal economic transitions from state-controlled systems to market-driven environments. This study focuses on the CEE countries from 1992 to 2020, dissecting the intricacies of their varied economic outcomes and their incomplete convergence. By separately testing social capabilities, namely transformation, autonomy, inclusion, and accountability, this research underscores their significant impact on economic trajectories. Quantitative analysis affirms the significance of social capabilities, emphasizing their potential to explain past and influence future economic directions. The findings confirm the results of Central European and... (More)
In the aftermath of significant geopolitical shifts in 1989, Central and Eastern Europe (CEE) underwent pivotal economic transitions from state-controlled systems to market-driven environments. This study focuses on the CEE countries from 1992 to 2020, dissecting the intricacies of their varied economic outcomes and their incomplete convergence. By separately testing social capabilities, namely transformation, autonomy, inclusion, and accountability, this research underscores their significant impact on economic trajectories. Quantitative analysis affirms the significance of social capabilities, emphasizing their potential to explain past and influence future economic directions. The findings confirm the results of Central European and Baltic countries within the CEE, aligning with observations on their early reform strategies. This investigation illuminates the confluence of social capabilities, reform speed, and economic outcomes, advocating further nuanced research that extends to all former communist nations and encompasses intercorrelation between the social capabilities. (Less)
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author
Smarduch, Klara LU
supervisor
organization
course
EKHS21 20231
year
type
H1 - Master's Degree (One Year)
subject
keywords
Central and Eastern Europe (CEE), economic convergence, economic transformation, social capabilities, early reform strategies, former communist countries
language
English
id
9139757
date added to LUP
2025-02-03 09:16:56
date last changed
2025-02-03 09:16:56
@misc{9139757,
  abstract     = {{In the aftermath of significant geopolitical shifts in 1989, Central and Eastern Europe (CEE) underwent pivotal economic transitions from state-controlled systems to market-driven environments. This study focuses on the CEE countries from 1992 to 2020, dissecting the intricacies of their varied economic outcomes and their incomplete convergence. By separately testing social capabilities, namely transformation, autonomy, inclusion, and accountability, this research underscores their significant impact on economic trajectories. Quantitative analysis affirms the significance of social capabilities, emphasizing their potential to explain past and influence future economic directions. The findings confirm the results of Central European and Baltic countries within the CEE, aligning with observations on their early reform strategies. This investigation illuminates the confluence of social capabilities, reform speed, and economic outcomes, advocating further nuanced research that extends to all former communist nations and encompasses intercorrelation between the social capabilities.}},
  author       = {{Smarduch, Klara}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Imperfect Convergence of Central and Eastern Europe 1992–2020. The impact of social capabilities and early reform strategies.}},
  year         = {{2023}},
}