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former USSR/Eastern Europe

This is the middle group in the hierarchy of Developed Countries (DCs), Former USSR/Eastern Europe (Former USSR/EE), and Less Developed Countries (LDCs). These countries are in political and economic transition. The name represents their history in the early 1900s. All of them were part of the central planning efforts of the former Soviet Union. Eastern European countries that were not in the Soviet Union still received some direction from the Soviet Union’s central government. Another name for this group is the Eastern Bloc.

This group is identical to the IMF group "countries in transition" except the IMF includes Mongolia.


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