A taxonomy of post-communist economies after 30 years of reforms

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Abstract

An attempt at clustering post-communist economies and comparing them with the existing economic systems was undertaken in the late 1990s, less than 10 years after the beginning of the transformation (Kazakevitch in Russian and Euro-Asian Bulletin 7(7), 1–7, 1998). Then the conclusion was that the transition was already over, and transitional economies had appeared to correspond to a range of clusters associated with quite different systems—form the OECD countries to the absolutely unfree Burma and North Korea. This paper uses a similar methodology based on the Economic Freedom data and Cluster Analysis. The questions are where—in terms of cluster association—the post-communist economies are at the moment, and if any of them have managed to improve, or have they downgraded their standing during the further 20 years?
Original languageEnglish
Title of host publication30 Years since the Fall of the Berlin Wall
Subtitle of host publicationTurns and Twists in Economies, Politics, and Societies in the Post-Communist Countries
EditorsAlexandr Akimov , Gennadi Kazakevitch
Place of Publication Singapore Singapore
PublisherPalgrave Macmillan
Pages13-29
Number of pages17
Edition1st
ISBN (Electronic)9789811503177
ISBN (Print)9789811503160
DOIs
Publication statusPublished - 2020

Publication series

Name Palgrave Studies in Economic History
ISSN (Print)2662-6497
ISSN (Electronic)2662-6500

Keywords

  • Economic history
  • economic transition

Cite this

Kazakevitch, G. (2020). A taxonomy of post-communist economies after 30 years of reforms. In A. Akimov , & G. Kazakevitch (Eds.), 30 Years since the Fall of the Berlin Wall : Turns and Twists in Economies, Politics, and Societies in the Post-Communist Countries (1st ed., pp. 13-29). ( Palgrave Studies in Economic History). Palgrave Macmillan. https://doi.org/10.1007/978-981-15-0317-7_2