Economic Growth and Structural Change of CMEA Countries
This chapter deals with two main topics: first, an historical perspective on economic growth and structural change in the European CMEA countries in the period 1960 to 1985 is given; second, different scenarios for the future are presented and analyzed. The driving forces of economic growth are analyzed in greater detail. Three scenarios of the driving forces are designed on the basis of the observed past trends and the actual long-term policies of the countries. Some ex ante simulation results are also reported and discussed.
KeywordsEconomic Growth Driving Force Labor Productivity Total Factor Productivity Technical Progress
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