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HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD

Year 2011, Volume: 29 Issue: 1, 21 - 42, 31.07.2011

Abstract

The present study attempts to assess human development performance of
the transition economies by dividing the countries into two major categories as
Central and Eastern European Countries (CEEC) and Commonwealth of
Independent States (CIS) to identify the necessary means for achieving higher
levels of development. For this aim, a comparative descriptive analysis is used.
The analysis period covers the last two decades.
According to the main finding of the paper, human development
performance of the transition economies is not disappointing at the aggregate
level. In particular, CEEC performed quite well during the transition period. In
comparison with CEEC, Human Development Index values of CIS remained at
relatively low levels. However, when the developing countries are concerned,
human development performance of CIS is promising in relation to their per
capita income levels.
The main factors of human development favor women rather than men in
transition economies except income. Furthermore, an improvement is observed
towards the eradication of human poverty and maintaining of the equal
distribution of income in the case of transition economies. This is particularly
true for CEEC.

References

  • Adam, F., M. Makarovic, B. Roncevic and M. Tomsic (2004) The Challenges of Sustained Development: The Role of Socia-Cultural Factors in East Central Europe, Budapest/New York: Central Euroepan University Press.
  • Aslund, A. (2002) Building Capitalism: The Transformation of the Former Soviet Bloc, New York: Cambridge University Press.
  • Barder, O. (2006) “A Policymaker’s Guide to Dutch Disease: What is Dutch Disease, and is it a Problem?”, Center for Global Development Working Paper, No. 91.
  • Becker, C.M. and D.S. Urzhumova (2005) “Mortality Recovery and Stabilization in Kazakhstan 1995-2001, Economics and Human Biology, 3, 97-122.
  • Brada, J.C. and A.M. Kutan (1999) “The End of Moderate Inflation in Three Transition Economies?” The Federal Reserve Bank of Saint Louis Working Paper Series, No.99-003.
  • Brainerd, E. (2001) “Economic Reform and Mortality in the Former Soviet Union: a Study of the Suicide Epidemic in the 1990s”, European Economic Review, 45, 1007-1119.
  • Brainerd, E. and D.M. Cutler (2004) “Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union”, NBER Working Paper, No. 10868.
  • Cotarelli, C. and P. Doyle (1999) Disinflation in Transition, 1993-97, Washington, DC: IMF.
  • Cotarelli, C. and G. Szapary (1998) Moderate Inflation: The Experience of Transition Economies, Washington, DC: IMF.
  • Dabrowski, M. (2003) Disinflation in Transition Economies: Experience of the Economies in Transition, Central European University Press.
  • EBRD [European Bank for Reconstruction and Development] (2003) Transition Report 2003, London: EBRD.
  • Faccini, G. and M.L. Segnana (2003) “Growth at the EU Periphery: the Next Enlargement”, The Quarterly Review of Economics and Finance, 43, 827- 862.
  • Fidrmuc, J. and K. Gerxhani (2008) “Mind the Gap Social Capital, East and West”, Journal of Comparative Economics, 36, 264-286.
  • Ghosh, A.R. (1997) “Inflation in Transition Economies: How Much? And Why?”, IMF Working Paper, No. 97/80, Washington, DC: IMF.
  • Gros, D. and M. Suhrcke (2000) “Ten Years after: What is Special about Transition Countries”, Aussenwirtschaft, 56, 201-224.
  • Hayo, B. (2007) “Happiness in Transition: An Empirical Study on Eastern Europe”, Economic Systems, 31, 204-221.
  • IMF (2000); Transition Economies: An IMF Perspective on Progress and Prospects. Accession date: 12 August 2010.
  • Kalediene, R. and J. Petrauskiene (2004) “Socio-economic Transition, Inequality, and Mortality in Lithuania”, Economics and Human Biology, 2, 87-95.
  • Klugman, J., J. Micklewight and G. Redmond (2002) “Poverty in Transition: Social Expenditures and the Working-age Poor”, CEPR Working Paper, No. 3389.
  • Lerman, Z., C. Csaki, and G. Feder (2004) Agriculture in Transition: Land Policies and Evolving Farm Structures in Post-Soviet Countries, Lanham, MD: Lexington Books.
  • Micklewright, J. (1999) “Education, Inequality and Transition”, Economics of Transition, 7, 343-376.
  • Milanovic, B. (1998) Income, Inequality, and Poverty during the Transition from Planned to Market Economy, Washington, DC: World Bank.
  • Paldam, M. and G.T. Svendsen (2002) “An Assay on Social Capital: Looking for the Fire Behind the Smoke”, European Journal of Political Economy, 16 (2) 339-366.
  • Roland, G. (2000) Transition and Economics: Politics, Markets and Firms, Cambridge, MA: MIT Press.
  • Rosenberg, G.B. and T.O. Saavalainen (1998) “How to Deal with Azerbaijan’s Oil Boom? Policy Strategies in a Resource-Rich Transition Economy”, IMF Working Paper, No. 98/6, Washington: IMF.
  • Shkolnikov, V., G.A. Cornia, D.A. Leon and F. Meslé (1998), “Causes of the Russian Mortality Crises: Evidence and Interpretations”, World Development, 26, 1195-1201.
  • Spagat, M. (2006), “Human Capital and the Future of the Transition Economies”, Journal of Comparative Economics, 34, 44-56.
  • Stillman, S. (2006), “Health and Nutrition in Eastern Europe and the Former Soviet Union during the Decade of Transition: A Review of the Literature”, Economics and Human Biology, 4, 104-146.
  • Sukiassyan, G. (2007) “Inequality and Growth: What does the Transition Economy data Say?”, Journal of Comparative Economics, 35, 35-56.
  • Svejnar, J. (2002) “Transition Economies: Performance and Challenges”, Journal of Economic Perspectives, 16, 3-28.
  • Tihanyi, L. and A.S. Roath (2002) “Technology Transfer and Institutional Development in Central and Eastern Europe”, Journal of World Business, 37, 188-198.
  • Todaro, M.P. and S.C. Smith (2006) Economic Development, Ninth Edition, Essex: Pearson Education Limited.
  • UNDP (2009); Human Development Report 2009, New York: Oxford University Press.
  • UNDP (2002); Human Development Report 2002, New York: Oxford University Press.
  • UNDP (1998); Human Development Report 1998, New York: Oxford University Press.
  • UNDP (1995); Human Development Report 1995, New York: Oxford University Press.
  • UNDP (1993); Human Development Report 1993, New York: Oxford University Press.
  • UNDP (1990); Human Development Report 1990, New York: Oxford University Press.
  • UNICEF (2001) A Decade of Transition, Florence: UNICEF.
  • Wagstaff, A. and R. Moreno-Serra (2009) “Europe and Central Asia’s Great Post- Communist Social Health Insurance Experiment: Aggregate Impacts on Health Sector Outcomes, Journal of Health Economics, 28, 322-340.
  • Wikipedia, (2010) “Commonwealth of Independent States", http://en.wikipedia.org/wiki/Commonwealth_of_Independent_States, Accession Date: 15 August 2010.
  • World Bank (2010) World Development Report 2010, Development and Climate Change, Washington, DC: World Bank.
  • World Bank (2008) Unleashing Prosperity: Productivity Growth in Eastern Europe and the Former Soviet Union, Washington, DC: World Bank.
  • World Bank (2002) The first ten year: Analysis and Lessons for Eastern Europe and the Former Soviet Union, Washington, DC: World Bank.
  • World Bank (1996) From Plan to Market, Washington, DC: World Bank.

HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD

Year 2011, Volume: 29 Issue: 1, 21 - 42, 31.07.2011

Abstract

 The present study attempts to assess human development performance of the transition economies by dividing the countries into two major categories as Central and Eastern European Countries (CEEC) and Commonwealth of Independent States (CIS) to identify the necessary means for achieving higher levels of development.  For this aim, a comparative descriptive analysis is used. The analysis period covers the last two decades.

 According to the main finding of the paper, human development performance of the transition economies is not disappointing at the aggregate level. In particular, CEEC performed quite well during the transition period. In comparison with CEEC, Human Development Index values of CIS remained at relatively low levels. However, when the developing countries are concerned, human development performance of CIS is promising in relation to their per capita income levels.

 The main factors of human development favor women rather than men in transition economies except income.  Furthermore, an improvement is observed towards the eradication of human poverty and maintaining of the equal distribution of income in the case of transition economies.  This is particularly true for CEEC.

 

References

  • Adam, F., M. Makarovic, B. Roncevic and M. Tomsic (2004) The Challenges of Sustained Development: The Role of Socia-Cultural Factors in East Central Europe, Budapest/New York: Central Euroepan University Press.
  • Aslund, A. (2002) Building Capitalism: The Transformation of the Former Soviet Bloc, New York: Cambridge University Press.
  • Barder, O. (2006) “A Policymaker’s Guide to Dutch Disease: What is Dutch Disease, and is it a Problem?”, Center for Global Development Working Paper, No. 91.
  • Becker, C.M. and D.S. Urzhumova (2005) “Mortality Recovery and Stabilization in Kazakhstan 1995-2001, Economics and Human Biology, 3, 97-122.
  • Brada, J.C. and A.M. Kutan (1999) “The End of Moderate Inflation in Three Transition Economies?” The Federal Reserve Bank of Saint Louis Working Paper Series, No.99-003.
  • Brainerd, E. (2001) “Economic Reform and Mortality in the Former Soviet Union: a Study of the Suicide Epidemic in the 1990s”, European Economic Review, 45, 1007-1119.
  • Brainerd, E. and D.M. Cutler (2004) “Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union”, NBER Working Paper, No. 10868.
  • Cotarelli, C. and P. Doyle (1999) Disinflation in Transition, 1993-97, Washington, DC: IMF.
  • Cotarelli, C. and G. Szapary (1998) Moderate Inflation: The Experience of Transition Economies, Washington, DC: IMF.
  • Dabrowski, M. (2003) Disinflation in Transition Economies: Experience of the Economies in Transition, Central European University Press.
  • EBRD [European Bank for Reconstruction and Development] (2003) Transition Report 2003, London: EBRD.
  • Faccini, G. and M.L. Segnana (2003) “Growth at the EU Periphery: the Next Enlargement”, The Quarterly Review of Economics and Finance, 43, 827- 862.
  • Fidrmuc, J. and K. Gerxhani (2008) “Mind the Gap Social Capital, East and West”, Journal of Comparative Economics, 36, 264-286.
  • Ghosh, A.R. (1997) “Inflation in Transition Economies: How Much? And Why?”, IMF Working Paper, No. 97/80, Washington, DC: IMF.
  • Gros, D. and M. Suhrcke (2000) “Ten Years after: What is Special about Transition Countries”, Aussenwirtschaft, 56, 201-224.
  • Hayo, B. (2007) “Happiness in Transition: An Empirical Study on Eastern Europe”, Economic Systems, 31, 204-221.
  • IMF (2000); Transition Economies: An IMF Perspective on Progress and Prospects. Accession date: 12 August 2010.
  • Kalediene, R. and J. Petrauskiene (2004) “Socio-economic Transition, Inequality, and Mortality in Lithuania”, Economics and Human Biology, 2, 87-95.
  • Klugman, J., J. Micklewight and G. Redmond (2002) “Poverty in Transition: Social Expenditures and the Working-age Poor”, CEPR Working Paper, No. 3389.
  • Lerman, Z., C. Csaki, and G. Feder (2004) Agriculture in Transition: Land Policies and Evolving Farm Structures in Post-Soviet Countries, Lanham, MD: Lexington Books.
  • Micklewright, J. (1999) “Education, Inequality and Transition”, Economics of Transition, 7, 343-376.
  • Milanovic, B. (1998) Income, Inequality, and Poverty during the Transition from Planned to Market Economy, Washington, DC: World Bank.
  • Paldam, M. and G.T. Svendsen (2002) “An Assay on Social Capital: Looking for the Fire Behind the Smoke”, European Journal of Political Economy, 16 (2) 339-366.
  • Roland, G. (2000) Transition and Economics: Politics, Markets and Firms, Cambridge, MA: MIT Press.
  • Rosenberg, G.B. and T.O. Saavalainen (1998) “How to Deal with Azerbaijan’s Oil Boom? Policy Strategies in a Resource-Rich Transition Economy”, IMF Working Paper, No. 98/6, Washington: IMF.
  • Shkolnikov, V., G.A. Cornia, D.A. Leon and F. Meslé (1998), “Causes of the Russian Mortality Crises: Evidence and Interpretations”, World Development, 26, 1195-1201.
  • Spagat, M. (2006), “Human Capital and the Future of the Transition Economies”, Journal of Comparative Economics, 34, 44-56.
  • Stillman, S. (2006), “Health and Nutrition in Eastern Europe and the Former Soviet Union during the Decade of Transition: A Review of the Literature”, Economics and Human Biology, 4, 104-146.
  • Sukiassyan, G. (2007) “Inequality and Growth: What does the Transition Economy data Say?”, Journal of Comparative Economics, 35, 35-56.
  • Svejnar, J. (2002) “Transition Economies: Performance and Challenges”, Journal of Economic Perspectives, 16, 3-28.
  • Tihanyi, L. and A.S. Roath (2002) “Technology Transfer and Institutional Development in Central and Eastern Europe”, Journal of World Business, 37, 188-198.
  • Todaro, M.P. and S.C. Smith (2006) Economic Development, Ninth Edition, Essex: Pearson Education Limited.
  • UNDP (2009); Human Development Report 2009, New York: Oxford University Press.
  • UNDP (2002); Human Development Report 2002, New York: Oxford University Press.
  • UNDP (1998); Human Development Report 1998, New York: Oxford University Press.
  • UNDP (1995); Human Development Report 1995, New York: Oxford University Press.
  • UNDP (1993); Human Development Report 1993, New York: Oxford University Press.
  • UNDP (1990); Human Development Report 1990, New York: Oxford University Press.
  • UNICEF (2001) A Decade of Transition, Florence: UNICEF.
  • Wagstaff, A. and R. Moreno-Serra (2009) “Europe and Central Asia’s Great Post- Communist Social Health Insurance Experiment: Aggregate Impacts on Health Sector Outcomes, Journal of Health Economics, 28, 322-340.
  • Wikipedia, (2010) “Commonwealth of Independent States", http://en.wikipedia.org/wiki/Commonwealth_of_Independent_States, Accession Date: 15 August 2010.
  • World Bank (2010) World Development Report 2010, Development and Climate Change, Washington, DC: World Bank.
  • World Bank (2008) Unleashing Prosperity: Productivity Growth in Eastern Europe and the Former Soviet Union, Washington, DC: World Bank.
  • World Bank (2002) The first ten year: Analysis and Lessons for Eastern Europe and the Former Soviet Union, Washington, DC: World Bank.
  • World Bank (1996) From Plan to Market, Washington, DC: World Bank.
There are 45 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Hakan Mıhcı

Publication Date July 31, 2011
Submission Date April 16, 2015
Published in Issue Year 2011 Volume: 29 Issue: 1

Cite

APA Mıhcı, H. (2011). HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 29(1), 21-42.
AMA Mıhcı H. HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. July 2011;29(1):21-42.
Chicago Mıhcı, Hakan. “HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 29, no. 1 (July 2011): 21-42.
EndNote Mıhcı H (July 1, 2011) HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 29 1 21–42.
IEEE H. Mıhcı, “HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD”, Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, vol. 29, no. 1, pp. 21–42, 2011.
ISNAD Mıhcı, Hakan. “HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD”. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 29/1 (July 2011), 21-42.
JAMA Mıhcı H. HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2011;29:21–42.
MLA Mıhcı, Hakan. “HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, vol. 29, no. 1, 2011, pp. 21-42.
Vancouver Mıhcı H. HUMAN DEVELOPMENT PERFORMANCE OF TRANSITION ECONOMIES IN THE POST-COLD WAR PERIOD. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2011;29(1):21-42.

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