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Outcomes of Reforms: Growth

Douarin, E; Mickiewicz, T; (2017) Outcomes of Reforms: Growth. In: Douarin, E and Mickiewicz, T, (eds.) Economics of Institutional Change - Central and Eastern Europe Revisited. (pp. 145-174). Palgrave Macmillan: Cham, Switzerland. Green open access

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Abstract

This chapter asks a fundamental question: why did some countries go through a ten-year long recession, while others emerged from the post-communist recessions after a mere two years? What was the relative impact of stabilisation policies, liberalisation policies and initial conditions? This question is still important today, as it was the negative experience of the 1990s that turned some societies away from the reform path.

Type: Book chapter
Title: Outcomes of Reforms: Growth
Open access status: An open access version is available from UCL Discovery
DOI: 10.1007/978-0-230-29128-7_6
Publisher version: https://doi.org/10.1007/978-0-230-29128-7_6
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Economic growth, Transition, Recession, Reforms, Initial conditions
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/10134852
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