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Social welfare dynamics in post-socialist countries: unveiling the secrets of success
Sergii Slukhai* 
Tetiana Borshchenko*
Tetiana Borshchenko
Affiliation: Taras Shevchenko National University of Kyiv, Department of Economics, Kyiv, Ukraine
 0000-0002-2519-8207
Preliminary communication | Year: 2019 | Pages: 167 - 194 | Volume: 42 | Issue: 2 Received: April 17, 2019 | Accepted: May 12, 2019 | Published online: June 10, 2019
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FULL ARTICLE
FIGURES & DATA
REFERENCES
CROSSMARK POLICY
METRICS
LICENCING
PDF
Source: designed by the authors.
Source: calculated by the authors basing on World Bank (2017).
Source: calculated by the authors basing on World Bank (2017).
Source: calculated by the authors on the basis of information UNDP (2017); World Bank (2017).
Source: calculated by the authors basing on UNDP (2017); World Bank (2017).
Source: calculated by the authors basing on UNDP (2017); World Bank (2017).
Source: calculated by the authors on the basis of information UNDP (2017); World Bank (2017).
Source: calculated by the authors on the basis of information UNDP (2017); World Bank (2017).
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c6
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R2
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The whole sample
(N = 440 )
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0.4993
(0.5990)
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0.0753
(0.3502)
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0.8381*
(0.0760)
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0.0414**
(0.0165)
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0.0354
(0.4220)
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3.5573
(0.0000)
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0.483
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Cluster А
(N = 132)
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0.1615**
(0.0392)
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0.0475***
(0.0036)
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1.2538**
(0.0195)
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0.0648**
(0.0299)
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0.1411***
(0.0004)
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7.667
(0.0001)
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0.836
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Cluster В
(N = 66)
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1.8375***
(0.0051)
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2.9436***
(0.0000)
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0.8009**
(0.0344)
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0.5018**
(0.0154)
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0.1370**
(0.0381)
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16.07
(0.0000)
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0.869
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Cluster С
(N = 88)
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0.3662
(0.1117)
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0.0411**
(0.0311)
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0.7958***
(0.0000)
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0.0120***
(0.0022)
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0.0499**
(0.0428)
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2.8553
(0.0000)
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0.879
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Cluster D
(N = 154)
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- 0.026
(0.8461)
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0.4096***
(0.0004)
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0.7749***
(0,0000)
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0.0662*
(0.0614)
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-0.3553*** (0.0000)
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1.3923
(0.1072)
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0.683
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Country
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SSWI
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Cluster A
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Slovenia
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11,854
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Czech Republic
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10,574
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Slovakia
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9,260
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Poland
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7,209
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Hungary
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6,697
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Croatia
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6,547
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Cluster A average
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8,690
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Cluster B
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Estonia
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9,128
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Lithuania
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7,310
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Latvia
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6,818
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Cluster B average
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7,752
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Cluster C
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Romania
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5,104
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Montenegro
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3,971
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Bulgaria
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3,712
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Serbia
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2,944
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Cluster C average
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3,933
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Cluster D
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Belarus
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3,654
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Bosnia and Herzegovina
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2,620
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Albania
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2,456
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Republic of North Macedonia
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2,295
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Russian Federation
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2,262
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Moldova
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1,354
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Ukraine
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1,344
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Cluster D average
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2,284
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Whole sample average
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5,665
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Index of economic freedom
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EBRD transition indicator
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Public expenditures on education
(per cent to GDP)
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Public healthcare expenditures
(per cent to GDP)
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Per capita GDP at PPP, $
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Cluster А
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Average value
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62.17
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3.55
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4.57
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5.18
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19,464
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Standard deviation
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5.85
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0.56
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0.63
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0.72
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7,034
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Cluster В
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Average value
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64.10
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3.60
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5.35
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4.24
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16,174
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Standard deviation
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7.62
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0.47
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0.63
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0.64
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7,687
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Cluster С
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Average value
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55.77
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3.04
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3.77
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4.32
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11,039
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Standard deviation
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8.77
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0.66
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0.65
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0.89
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5,092
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Cluster D
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Average value
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53.86
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2.92
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3.85
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4.21
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7,222
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Standard deviation
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8.77
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.56
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1.48
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1.02
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4,226
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Source: calculated by the authors basing on EBRD (2017); HF (2017); UNDP (2017); World Bank (2017).
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Political
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Legal/regulatory
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Economic
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Western Aid
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Phase One:
1-5 Years
Political goal: transformation
Economic goal: stabilization
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Basic
democracy; free press; end of one-party state & police system; Initial
democratic coalition for change
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Elimination
of arbitrary state controls
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Elimination
of price controls and subsides; end of collectivization; haphazard
privatization
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Currency
stabilization; emergency credits & aid
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Phase two:
3-10 years
Political goal: from transformation to stabilization
Economic goal: from stabilization to transformation
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New
constitution & electoral law; elections; decentralized regional
self-government; stable democratic coalition - new political elite
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Legal/regulatory
framework for property & business
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Banking
system; small & middle scale privatization; demonopolization; new
economic class appears
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Infrastructural
credits; technical & managerial assistance; trade preferences &
access; initial foreign investment
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Phase
Three: 5-15 (+) Years
Political Goal: Consolidation
Economic Goal: Sustained Take-Off
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Formation
of stable democratic parties; democratic political culture takes
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Independent
judiciary & legal culture emerges
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Large-scale
privatization; capitalist lobbies; entrepreneurial culture emerges
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Major
foreign investment; inclusion in key western organs (e.g. EC,
NATO, etc.)
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Source: Brzezinski, 1995.
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June, 2019
II/2019
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