The quality of governance in transition countries Cover Image

Jakość rządzenia w krajach transformujących się
The quality of governance in transition countries

Author(s): Dawid Piątek
Subject(s): National Economy, Governance, Economic policy, Comparative politics, Economic development
Published by: Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
Keywords: Quality of governance; transition countries; comparative analysis; OECD countries; economic growth;

Summary/Abstract: The purpose of this paper is to analyze changes in governance in transition countries and to evaluate their distance from high-income OECD countries. Six variables that impinge on governance were analyzed. According to many authors institutions are the most important determinant of longterm economic growth, especially in transition countries. Institutional changes are one of three main areas of economic transition (the others are macroeconomic stabilization and microeconomic liberalization). Economic research on economic growth during economic transition confirms that institutions with stabilization and liberalization are the most important determinants. The conclusions of this paper are that in Central Eastern Europe and the Baltic states and in South Eastern Europe there is institutional convergence. However, the Commonwealth of Independent States in the analyzed period only slightly shortened their distance from OECD countries.

  • Issue Year: 6/2010
  • Issue No: 1
  • Page Range: 277-288
  • Page Count: 12
  • Language: Polish