Recovery and Growth in Transition: A Decade of Evidence
This paper reviews a range of studies that examine differences in growth performance among transition countries. There is a consensus in the literature about the core elements of transition and the policies necessary for sustainable growth, although considerable differences remain about how to implement these policies and about their proper sequencing. The empirical work identifies stabilization and structural reforms (e.g., market liberalization, private ownership) as important determinants of growth, but underlines the role of initial conditions and institutions.There is divergent evidence, however, on the importance of specific reforms. Traditional factor inputs have as yet no role in explaining growth. Copyright 2002, International Monetary Fund
If 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.
Volume (Year): 48 (2001)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK|
Web: http://www.palgrave-journals.com/pal/subscribe/index.html Email:
When requesting a correction, please mention this item's handle: RePEc:pal:imfstp:v:48:y:2001:i:4:p:4. See general 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: (Iulia Badea)
If references are entirely missing, you can add them using this form.