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Defining the Long-term Development Trends of Countries in East-Central Europe in the Context of Political Cycles
Ist Teil von
International journal of public administration, 2021-10, Vol.44 (14), p.1201-1215
Ort / Verlag
New York: Routledge
Erscheinungsjahr
2021
Link zum Volltext
Quelle
PAIS Index
Beschreibungen/Notizen
Historical development patterns are uneven. There are windows of opportunity for countries on the periphery to catch-up, others may lose momentum. Using the Maddison database accelerating and decelerating periods can be found. This paper compares the development trends of six East-Central European (ECE) countries with the average of highly developed countries, and three successfully catching-up countries. A methodological novelty of the paper is the usage of enveloping curves. The approach is based of Ferenc Jánossy's seminal work on the long-term development trendlines of countries, which are interpreted as historic growth potential indicators. ECE growth performance is also compared to their own long-term potentials. The development pattern is interpreted in the mainstream political concepts of the various historical epochs. The analysis concludes that ECE region's growth performance is more successful in state-permeated management of slack periods. Liberal epochs' accelerated growth of highly developed countries could not be followed.