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Outcomes of Reforms: Growth

  • Elodie Douarin
  • Tomasz Mickiewicz
Chapter
Part of the Studies in Economic Transition book series (SET)

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.

Keywords

Economic growth Transition Recession Reforms Initial conditions 

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Copyright information

© Tomasz Mickiewicz 2017

Authors and Affiliations

  • Elodie Douarin
    • 1
  • Tomasz Mickiewicz
    • 2
  1. 1.School of Slavonic and East European StudiesUniversity College LondonLondonUK
  2. 2.Aston Business SchoolAston UniversityBirminghanUK

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