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Hardcover Economics of Transition in Eastern Europe Book

ISBN: 019828926X

ISBN13: 9780198289265

Economics of Transition in Eastern Europe

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Book Overview

Transition in Central and Eastern Europe, as Blanchard points out, has adhered to a U-shaped response in terms of economic output--that is, a sharp decline in output followed by a recovery. Today, most of the countries of Central Europe seem to have enjoyed a steady upswing, while most Eastern European nations still appear to be near the bottom of the U. This book traces the courses, causes, and implications of this pattern, arguing that two basic...

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