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This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
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While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery … conditions, external factors, and reform strategies. This paper summarizes the macroeconomic performance of the transition …
Persistent link: https://www.econbiz.de/10014156715
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery … conditions, external factors, and reform strategies. This paper summarizes the macroeconomic performance of the transition …
Persistent link: https://www.econbiz.de/10014159658
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery … conditions, external factors, and reform strategies. This paper summarizes the macroeconomic performance of the transition …
Persistent link: https://www.econbiz.de/10014159754
countries – frequently still referred to for convenience as transition economies – were hit hard by the crisis, suffering falls …
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