Recovery and Growth in Transition: A Decade of Evidence

By Oleh Havrylyshyn. International Monetary Fund Staff Papers, 2001

150 citations recorded by the source corpus.

This paper reviews a range of studies that examine differences in growth performance among transition countries. There is a consensus in the literature about the core elements of transition and the policies necessary for sustainable growth, although considerable differences remain about how to implement these policies and about their proper sequencing. The empirical work identifies stabilization and structural reforms (e.g., market liberalization, private ownership) as important determinants of growth, but underlines the role of initial conditions and institutions. There is divergent evidence, however, on the importance of specific reforms. Traditional factor inputs have as yet no role in explaining growth.

Subfields: Economics and Econometrics, Political Science and International Relations

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Citations in the corpus

Measuring Underground (Unobserved, Non-Observed, Unrecorded) Economies in Transition Countries: Can We Trust GDP? (2008, background): “Many empirical studies (EBRD, 1999; 2001; World Bank, 2002; IMF, 2000; Berg, et.al., 1999; Sachs, et.al., 2001; Campos and Coricelli, 2002; Havrylyshyn, 2001, 2004) of the transition experience simply relied on published GDP growth rates while paying lip service to the acknowledged shortcomings of…”
Cross‐Country Determinants of Early‐Stage Necessity and Opportunity‐Motivated Entrepreneurship: Accounting for Model Uncertainty (2018, unknown): “For example, several studies (e.g., Havrylyshyn 2001; Kaufmann et al. 2006; Nystr€om 2008) show that good institutions and a high level of economic development and technology advancement are positively related to national rates of entrepreneurship.”
Greasing the wheels of entrepreneurship (2007, methodology): “According to previous surveys of the literature (OECD 1998, Havrylyshyn 2001), greater entrepreneurial activity is fostered by, among others, the availability of credit and venture capital, solid laws and well-defined property rights, good political and economic institutions, and efficient…”
Reforms and growth in transition: re-examining the evidence (2006, background): “3 Havrylyshyn (2001) is a useful survey of the main literature in this area up to the year 2000.”
Macro-level determinants of formal entrepreneurship versus informal entrepreneurship (2014, unknown): “For example, several studies (e.g., Havrylyshyn, 2001; Kaufmann et al., 2006; Nyström, 2008) show that good institutions and a high level of economic development and technology advancement are positively related to national rates of entrepreneurship.”