Changes on Economic Freedom in 11 Post-Socialist Countries of Central-Eastern and South-Eastern Europe in 1996-2022

• Autorzy: Bartłomiej Lach , Krzysztof Malaga
• Języki publikacji: EN

Abstrakty

EN

Motivation: One of the most important dimensions of socio-economic development in democratic countries with market economies remains economic freedom. In this context, it is worth assessing the evolution of economic freedom in 11 countries of Central and Eastern Europe and South-Eastern Europe: Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Lithuania, Latvia, Poland, Romania, Slovenia, Slovakia during the period of institutional transformations in 1996-2022. Aim: The aim of the article is to present the results on correlation, s-convergence and s-divergence, as well as a multidimensional comparative analysis in the field of economic freedom. In order to conduct comparative analyzes, the economic freedom indexes published by The Heritage Foundation in Washington and Wall Street Journal will be used. They measure 12 quantitative and qualitative aspects grouped around the four pillars of economic freedom: Rule of Law - property rights, government integrity, judicial effectiveness; Government Size - government spending, tax burden, fiscal health; Efficiency regulators - business freedom, labour freedom, monetary freedom; Open Markets - trade freedom, investment freedom, financial freedom. Results: The obtained results allow us to assess the generally positive changes in economic freedom in its 12 partial and 1 general aspects in relation to each country separately, as well as in relation to the group of countries that joined the European Union after 2003. They are a significant supplement to the knowledge about creating economic freedom in 11 post-socialist countries in the years 1996-2022.(original abstract)

Słowa kluczowe

EN

Economic freedom; Divergence; Multi-dimensional comparative analysis; Business cluster

PL

Wolność gospodarcza; Dywergencja; Wielowymiarowa analiza porównawcza; Klastry

• Czasopismo: Ekonomia i Prawo
• Rocznik: 2023
• Tom: 22
• Numer: nr 2
• Strony: 251--274

Twórcy

autor

Bartłomiej Lach

• Analyx® sp. z o.o. sp. k.

autor

Krzysztof Malaga

• Poznań University of Economics and Business

Bibliografia

• Bohle, D., & Greskovits, B. (2012). Capitalist diversity on Europe's periphery. Cornell University Press.
• Farkas, B. (2011). The Central and Eastern European model of capitalism. Post-Communist Economies, 23(1), 5-34. https://doi.org/10.1080/14631377.2011.546972.
• Giorgino, T. (2009). Computing and visualizing dynamic time warping alignments in R: the dtw package. Journal of Statistical Software, 31(7), 1-24. https://doi.org/10.18637/jss.v031.i07.
• Gorynia, M., & Malaga, K. (2020). Les changements de la competitivité de l'économie polonaise dans l'économiemondialedurant la période 1990-2017. In C.E. Ruff, A. Redslob, & K. Malaga (Eds.), Pour une recherche économiqueefficace, 61º Congrès de l'Association Internationale des Économistes de Langue Française (pp. 119-153). Université Bernardo O'Higgins.
• Ichimura, S., Sato, T., & James, W. (Eds). (2009). Transition from socialist to market economies. Palgrave Macmillan. https://doi.org/10.1057/9780230244986.
• Iwasaki, I. (Ed.). (2020). The economics of transition: developing and reforming emerging economies (1st ed.). Routledge. https://doi.org/10.4324/9780429264979.
• Kondratowicz, A. (2013). Wolność gospodarcza: pomiar, percepcja, zmiany instytucjonalne. Towarzystwo Ekonomistów Polskich.
• Kowalski, T. (2013). Globalization and transformation in Central European countries: the case of Poland. Poznań Univeristy of Econmics.
• Lach, B., & Malaga, K., (2022). Transformations économiques dans les pays d'Europe Centrale et Orientale et du Sud-Est dans les années 1990-2014. In J. Gemayel, K. Malaga, & A. Redslob (Eds.), Monnaies, finances et développements, 62º Congrès de l'Association Internationale des Économistes de Langue Française (pp. 21-43). Université Saint-Jospeh.
• Lane, D., & Myant, M. (Eds.). (2007). Varieties of capitalism in post-communist countries. Palgrave Macmillian. https://doi.org/10.1057/9780230627574.
• Malaga, K. (2018a). Bilans przemian w Polsce w latach 1989-2017 w kategoriach transformacji, wolności gospodarczej i wzrostu gospodarczego. Zeszyty Naukowe Wyższej Szkoły Ekonomicznej w Tarnowie, 1(37), 19-34.
• Malaga, K. (2018b). Les transformations politiques, économiques et socialesenPolognedurant les années 1989-2017: Bilan, perspectives et nouveaux enjeux. In K. Malaga, & A. Redslob (Ed.), Les enjeux du développmentéconomique, financier et écologique dans unemondialisation risquée (pp. 114-148). Editions de l'USEGP.
• Panek, T., & Zwierzchowski, J. (2013). Statystyczne metody wielowymiarowej analizy porównawczej: teoria i zastosowania. OficynaWydawnicza SGH.
• Piątkowski, M. (2018). Europe's growth champion: insights from the economic rise of Poland. Oxford University Press.
• Rapacki, R. (Ed.). (2019). Diversity of patchwork capitalism in Central and Eastern Europe (1st ed.). Routledge. https://doi.org/10.4324/9780429056901.
• Sachs, J. (2011). The end of poverty: economic possibilities for our time. The Penguin Press.
• The Heritage Foundation. (2022). 2022 Index of economic freedom. Retrived 01.09.2022 from https://www.heritage.org/index.
• Tridico, P. (2006). Institutional change and governance indexes in transition economies: the case of Poland. The European Journal of Comparative Economics, 3(2), 197-238.

Identyfikatory

DOI

https://doi.org/10.12775/EiP.2023.015