IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

Stabilization and Recession in the Eastern Countries

  • Hubert Gabrisch
  • et al.

Economic activity in the Central and Eastern European countries declined markedly in 1990, with the government sector most severely affected. In those countries which initiated a transition to a market-based economy in 1990 (Poland, East Germany, Hungary, to some extent also the CSFR and Yugoslavia) the recession was mainly brought about by stabilization policies which dampened domestic demand. This negative effect will persist into 1991 and depress economic activity. In the other countries (USSR, Bulgaria and Romania) problems with the supply of raw materials and energy played a decisive role. In these countries, too, a continuation of the recession with high unemployment must be expected, but now as a result of the transition too market economy. Furthermore, in 1991 the whole region will suffer from the collaps of intra-CMEA trade as well as from a scarcity of external funds.

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.

File URL:
File Function: Abstract
Download Restriction: Payment required

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.

Article provided by WIFO in its journal WIFO-Monatsberichte.

Volume (Year): 64 (1991)
Issue (Month): 5 (May)
Pages: 257-272

in new window

Handle: RePEc:wfo:monber:y:1991:i:5:p:257-272
Contact details of provider: Postal: Arsenal Object 20, A-1030 Wien
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page:

More information through EDIRC

Order Information: Postal: Austrian Institute of Economic Research Publikationsverkauf und Abonnentenbetreuung Arsenal, Objekt 20 A-1030 Vienna/Austria

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:wfo:monber:y:1991:i:5:p:257-272. 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: (Ilse Schulz)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.