The Impact of Transition to the Market Economy
نویسنده
چکیده
Market transitions in the former Soviet Union and the Central and East European countries (the CEECs) have witnessed large-scale and widespread deterioration in social conditions (UNICEF, 1993, 1994, 1995; Milanovic, 1996). The worsening in social development indicators has been commonly viewed as an inevitable consequence of the severe economic decline as the concurrence of the two processes seems to have provided strong support for this simple causality. Social policies matter as well, but, compared with the severe impact of the economic decline, the role played by social policies is considered derivative from or of secondary importance to the determination of the welfare changes.
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