Fifteen years ago, twenty-seven countries in Europe and Central Asia embarked on their economic transition paths. For some, the outcome was a considerable success. Several others are still struggling to shed the inheritance of the past and to correct more recent policy mistakes. Why were post-Communist recessions so long in some countries and growth disappointing? Why was fiscal performance so different? Was democracy a factor, which facilitated reforms or rather slowed them down? This book discusses these questions in the context of new empirical evidence, including a critical examination of the main themes in the economics of transition.
Original language | English |
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Place of Publication | Basingstoke (UK) |
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Publisher | Palgrave Macmillan |
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Number of pages | 232 |
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ISBN (Print) | 1-4039-4162-9, 978-1-4039-4162-6 |
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Publication status | Published - 11 Nov 2005 |
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Name | Studies in economic transition |
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Publisher | Palgrave Macmillan |
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