The qualitative and quantitative determination of the economy in transition

The qualitative and quantitative indicators of the economy in transition will be examined. More concretely these indicators will be physical indicators of production, nominal indicators of production, labor force efficiency, indicators of migration of the labor force for transitional countries. The research question is how we can assess the recent 25 years of transition according to economic theory and obtain practical results. Qualitative and quantitative aspects of the economy in transition, refers to the methodological principles of the study of the economy during its transitional period of time. The social structure of the society, within the transitional time and after that, is also a component part of the research.

In order to evaluate the cost-effectiveness of the functioning of the economy in transition, the full set of indicators are to be utilized, providing a real and whole picture of the adequacy of evaluation of current economic policy and formation of long term strategy. Particularly the macro-economic aspects to be evaluated will be expressed in terms of GDP dynamics, GDP per capita, also, comparative analyses between regional and Post-Soviet countries 

The author concludes, that the social structure of the society during a transitional period of time represents a continuing process of formation of the structural network, including its old and new elements, a so-called mixed type of economy, when the new social structure will be based on new economic relationships.

Theoretical outcomes will be based on statistical information, including comparative statistical analysis between countries of the South-Caucasian region and East-Europe. There will be micro and macro economic indicators such as GDP (nominal, real output), GDP per capita, inflation rate, and sector economic indicators. 

This research fills an analytical niche based on the comparative statistical analysis and methodological principles of study in the field of transitional economics. In the analysis of the economy in transition, the author pays particular attention to the essence of the property relationship, diverse character of this phenomenon and the specific role of the government in the transitional environment of economic development. The author tries to promote the idea that the role of the state in a transitional and full-fledged economy is different.