"How successful transition is paving the way for EU enlargement: A view based on EBRD transition indicators"

Snoy, Bernard. (2001) "How successful transition is paving the way for EU enlargement: A view based on EBRD transition indicators". In: UNSPECIFIED, Madison, Wisconsin. (Unpublished)

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Abstract

The purpose of this paper is not to examine in the details the assessment made by the Commission but rather, drawing on the research basis and the methodology of the European Bank for Reconstruction and Development (EBRD), as reflected inter alia in the EBRD Transition Report 2000 published November 2000, to assess the progress achieved by the ten candidate countries from Central and Eastern Europe in their transition to a market economy. The paper is organized as follows. In the first section, we review the EBRD system of transition indicators and its application to the ten candidate countries. In the second section, we try to understand the factors that could explain discrepancies in the progress achieved by individual countries, while, in section three, we reflect on the key role of institutional performance in transition and on the lessons learned as we embark in a new decade of transition. Additional EBRD material is proposed in annexes 1, 2 and 3, dealing with legal, infrastructure and environmental transition.

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