Market structure and economic transition in the Baltic Republics

Abstract

Each of the four countries analyzed in this study has gone through a transition period since the fall of the Soviet Union in the early 1990’s. Each has tried different strategies to change their economies and each has different results. The purpose of this paper is to explore and compare the market structure of the four countries 10 years the after transition started. The data for the study comes from the Business Environment and Economic Performance study (BEEPS) 2002 sponsored by the World Bank. While the BEEPS data does not allow us to analyze the effectiveness of the different strategies employed, the data does allow us to compare 2002 market structures and thus the results of the transition.market structure, economic transition, Baltic Republics, BEEPS study