Why is economic growth lagging behind in former Comecon republics?
Journal: Duo Research Archive (University of Oslo)
Year: 2019

Since 1990, former Comecon countries have been poorer than their neighbors in Western\nEurope and, over the past 30 years, convergence has been weak. Economic theory and\nprevious research suggest that the region should have approached similar GDP per capita\nlevels more than they have done. This study will therefore seek to explain why the\ndifferences still exist. Building on existing research on growth, the thesis asks: Why\neconomic growth is lagging behind in former Comecon republics, and w