THE DEVELOPMENT IN TRANSITION ECONOMIES IN EUROPEAN UNION PARTICIPATION PROCESS Ate smet

Transition economies are called in Literature as countries adopted capitalist economic system instead of communist system. Transition Economies which placed Central and Eastern Europe passed this transformation in the process of European Union participation. At the present day, the concept of development is not only considered in change of revenue but also in change of qualitative factors for human. It is called as human development in literature. European Union participation process was an important catalyst for transition economies in development of qualitative and quantitative. The transition economies found opportunities in this process to increase their macro economic indicators and the indicators of humanely life standards