This article discusses some of the countries in transition and the process of these transformations itself. The official start of transition is bind with the fall of the Berlin Wall on 9th November 1989. Transition was carried out within two possible ways, namely shock therapy or gradualism. These are two completely contradictory processes, which in the long run generate significant differences in countries' development. In this article we analyse some of the key macroeconomic factors of transition (real GDP, GDP p.c. and FDI) within Slovenia, Slovakia, Poland, Hungary and Czech Republic, with the aim of determining transition's successfulness and outcomes and its possible causal link with transition approach (gradualism or shock therapy) that these countries adopted.
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