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An Economic Comparison of Post-Communist States to Others in Europe

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Author(s)
Foster, Ashley
Advisor(s)
Simmons, James; Krueger, James
Date
May 12, 2017
Subject(s)
Economic growth; European economies; Communism
Series
Oshkosh Scholar;
Abstract
Communism fell in Europe in 1989, making it necessary for European countries that had been communist to transition to market-based systems and more democratic regimes in the years following. It has been over 25 years since the fall of the Berlin Wall, which began the reforms in post-communist countries. The purpose of this study is to analyze how the economies of these post-communist European countries compare to other European countries between the years of 2002 and 2007, after this period of transition. The results suggest that post-communist countries experienced more economic growth during the period studied. The results also indicated that less democratic states experienced more economic growth than states that were more democratic.
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http://digital.library.wisc.edu/1793/76469 
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