Özet:

The aim of this research is to compare the macroeconomic performances of the selected countries that have adopted the socialist system in advance and decided to switch to the market economy after the collapse of this system. It is seen that the reforms they have undertaken with respect to the market system, together with the initial conditions of the countries considered, cause economic development differences between the countries. Despite these differences in the transitional period, the problems that countries experience are also showing similarities on the basis of some economic consequences. These similarities between countries make the steps that countries need to follow in the transition process more prominent. Transition economies have shown significant progress in some macroeconomic indicators during this period.

Anahtar Kelimeler: