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Post-communism and economic growth: an essay | 17345
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Journal of Research in International Business and Management

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Post-communism and economic growth: an essay

Abstract

Ignacy H. Chrzanowski

The former communist nations of Central and Eastern Europe have come a long way since their liberation from the grasp of communism in the late 1980s and early 1990s in terms of their economic advancement. Some, like Slovenia, the Czech Republic, Hungary, Poland, Slovakia and the Baltic States are now in the upper middle level status according to the World Bank rating. Others, like Rumania or Bulgaria are still lagging behind the richest members of the European Union (EU) and have a lot more to do to close this gap.

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