Work

Fossil fuels abundance and institutional changes in the post-socialist countries

Year: 2018

Type: article

Abstract: The aim of the research was to indicate whether fossil fuels abundance had a negative effect on political and economic changes in the post- -socialist countries in the years 1991—2015. The research covered 28 countries of Central-Eastern Europe and the former Soviet Union. Data were collected from the Freedom House (FH) and the European Bank for Reconstruction and Development (EBRD) databases, as well as the BP database. The results of conducted study showed that the abundance of fossil fuels resources did not have a decisive influence on the process of market economy creation and democratisation of the post-socialist countries of Central-Eastern Europe and the former Soviet Union.

Source: Wiadomości Statystyczne The Polish Statistician

DOI: 10.5604/01.3001.0014.0698

Author: Piotr Matuszak

Institution: Poznań University of Economics and Business

Language: English

Topic: Natural Resources and Economic Development

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Affordable and clean energy, Peace, justice, and strong institutions, Climate action

Open Access status: hybrid

OpenAlex ID: W3014578636

FWCI: 0.48

Cites: 47

Cited by: 1

Related to: 10