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Lessons from the Stabilisation Programmes of Central and Eastern European Countries, 1989–1991

In: Collected Works of Domenico Mario Nuti, Volume I

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  • Domenico Mario Nuti

    (University of Rome)

Abstract

For a number of years before 1989 Central Eastern European countries had been facing, to various extents, severe domestic and external imbalances, economic slowdown or decline and the need to restructure production capacity, while attempting to reform their traditional central planning system (see Nuti 1988). These problems were less intensely felt in Hungary and Yugoslavia, both early starters on the road to reform, relatively free from endemic shortages and more open to trace with the West; but even there the same underlying trends were present.

Suggested Citation

  • Domenico Mario Nuti, 2023. "Lessons from the Stabilisation Programmes of Central and Eastern European Countries, 1989–1991," Studies in Economic Transition, in: Saul Estrin & Milica Uvalic (ed.), Collected Works of Domenico Mario Nuti, Volume I, chapter 13, pages 297-330, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-3-031-12334-4_13
    DOI: 10.1007/978-3-031-12334-4_13
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