Recent Developments in the CMEA Countries and Yugoslavia
AbstractThe tumbling of Socialist regimes in the CMEA countries in 1989 was accompanied by a decline in national incomes, accelerating inflation, growing budget deficits and mounting foreign debt. The slowdown in economic growth, while following a long-term trend marked by structural deficiencies, technological lags and low work incentives, was exacerbated by the flight of hundred-thousands of people from Bulgaria and the GDR as well as sluggish exports to the West of some countries compelling them to restrain imports. The transition to market economies now getting under way will almost inevitably lead through a period of recession and high unemployment.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by WIFO in its journal WIFO-Monatsberichte.
Volume (Year): 63 (1990)
Issue (Month): 5 (May)
Postal: Austrian Institute of Economic Research Publikationsverkauf und Abonnentenbetreuung Arsenal, Objekt 20 A-1030 Vienna/Austria
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz).
If references are entirely missing, you can add them using this form.