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Library ResourceConference Papers & ReportsDecember, 2018Serbia, France, Lithuania, Turkey, Afghanistan, Azerbaijan, Belarus, Latvia, India, Kazakhstan, Romania, Czech Republic
Library ResourceConference Papers & ReportsDecember, 2013Estonia, Slovakia, Lithuania, Hungary, Poland, Latvia, Slovenia, Czech Republic, Eastern Europe, Europe
Using the database of eight Central and Eastern European transition economies compiled from the World Bank collection of World Development Indicators, the authors examine the relationship between high contract-intensive money as an indicator of contractual and property rights (or a general measure of the quality of governance and institutions) and performance of several macroeconomic indicators (GDP growth, FDI to GDP ratio, employment rate etc.) over the period from 1990 to 2011. The Pearson's correlation coefficients were used to determine the strength of the relationships.
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