Transition Economies Assignment Help

Transition Economies Assignment Help

Transition economy is also known as transitional economy. This particular type of economy is changes from a centrally planned economy to a market economy. Transition economy is passed through various structural transformations which create the institutions based on the market. There are many institutions such as economic liberalization, which are developed on the basis of structural transformations of transition economy. Economic liberalization is such an environment where the prices are fixed by the market forces instead of by any other central planning organization. This condition leads to the removal of any barriers on the trade. It facilitates the privatization of  state - owned enterprises. As newly privatized enterprises tried to become more competent and profitable, transition economies started to face increasing unemployment. Under the influence of communism, the state-owned industries started to employ people more the actual requirement. During this condition, the private firms had entered market. In order to improve the profitability and efficiency, the labor cost was cut down.  These newly entered private enterprises started huge competition which affected some other firms in the market as of which many were removed, which created less jobs, from the market. And thus, many people also left their jobs due to this whole.

Transition Economies Assignment Help

Transition period is the term which is used to describe the transition period of capitalism to socialism which leads to the socialism ultimately. A branch of economics which deals with the study of the transformation of a planned economy to a market economy is known as transition economies. Communism foundered throughout the former Soviet bloc in Europe and in Asia during the time period of 1989 to 1991. Around 28 countries from Prague to Vladivostok, abandoned to the similar political and economic systems and structure in the former Soviet Union and Eastern Europe. These countries faced huge economic troubles when the communism ended. The old socialist economic structure failed to survive and failed to pace up with the modern economies. Though no doubt, this centralized economic structure activated the capital for the industrialization and labor. As this type of economic structure depended upon the gross production, it failed to promote the quality improvement or efficiency as it has very less ability to innovate. The growth rate started to stop due to the lack of free resources which started to dry up later. Moreover, around 1/4th part of total then GDPof the Soviet economy was invested in defense against the US as the arms race. Many countries with transition economies failed to promote their market capitalism and economic reforms due to the lack of entrepreneurial skills and people who could handle it leading to skill gaps which could not generate value jobs for people.  Lack of infrastructure and lack of a sophisticated legal system also contributed.

Transition economy changes from a centrally planned economy to a free market. There are various factors which lead to transition economy. Followings are the ingredients of transition process in economies:

  • Liberalization: It includes the
  • Macroeconomic stabilization
  • Restructuring and privatization
  • Legal and institutional reforms

Classification of Transition Economies

Following is  a list of transition economies in Europe and former Soviet Union


Albania, Bulgaria, Croatia, Czech Republic, FYR Macedonia, Hungary, Poland, Romania, Slovak Republic, Slovenia.


Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyz Republic, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan


Estonia, Latvia, Lithuania


Transition economies also exist in Asiain following countries:

Cambodia, China, Laos, Vietnam.


Transition Economies Assignment Help | Transition Economies Case Study Help

At OZ Assignment Help, we deliver best quality online assignment help to the students. Our high-quality online assignment help Australia is recommended by all the students belonging to various academic backgrounds. For the students who are studying economics at major or minor level, we offer professional quality online economics assignment help for the students. Our economics assignment help covers a wide range of topics which taught at all the leading colleges and universities of Australia.Transition economies assignment help is one of such topics which covers a detailed case study of the subject. Our experts have done a great in-depth research over the topic and prepared transition economies assignment help which is the best and most suitable for the students. Transition economies assignment help brings the students top quality assignment writing experience at cheap prices. We at OZ Assignment Help covers a whole bunch of economics topics which a student may find difficult to do. Whether it is a case study, a project writing or a research work, our experts are highly capable with years of experience which enables us to produce masterpieces of transition economies assignment help.

Contact Us Right Now for Best Quality Online Economics Assignment Help

OZ Assignment Help is a home for several professional experts and professional assignment writers. Our these tutors work hard to write every assignment. Every assignment our tutors write is suitable for the students. As we are an Australian company and we have years of experience in online assignment writings, we have developed skills and techniques which are required to write assignments according to the grading criteria of the colleges and universities of Australia. With our online assignment help Australia, we deliver every student the assignment help which can fetch him better grades. So, with our online transition economies assignment help, we provide student-friendly assignment help to the students so that they get good grades in their assignments. Transition economies assignment help is offered specially for the students who want to score better grades, the students who face trouble while doing their assignments easily. We take care of every requirement of the students. OZ Assignment Help offers its students a chance to make a part payment and we will mail part of the work. We do take care of the privacy of the students. So students don’t have to bother about. We prepare every assignment from scratch, so there remains no chance of any plagiarism or copy paste. We provide Turnitin report to the students for assignments. Our prices are quite normal. Every student can afford them. Our sole objective is to help the students with best quality assignment writing services. If you are professionaltransition economies assignment help, you can contact right now so that you don’t have to worry about the deadlines. Feel free to contact us, we will help you with your task.