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.
|Place of Publication||Basingstoke (UK)|
|Number of pages||232|
|ISBN (Print)||1-4039-4162-9, 978-1-4039-4162-6|
|Publication status||Published - 11 Nov 2005|
|Name||Studies in economic transition|