num_pages: 232
description: 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 literature.
language: English
title: Economic Transition in Central Europe and the Commonwealth of Independent States
titlecomplete: Economic Transition in Central Europe and the Commonwealth of Independent States (Studies in Economic Transition)
ratings_count: 1
publisher: Palgrave Macmillan