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The ‘New Economy’ and the Old Problems: Prospects for Fast Growth in Postsocialist Countries

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  • Grzegorz W. Kolodko

    (TIGER, Poland)

Abstract

The ‘new economy’ provides a fresh opportunity to enhance growth. However, to turn such prospect into reality, the postsocialist countries – unlike developed market economies – need not only aptly utilise the potential of e-business, but first raise efficiency of the ‘old economy’, since these two ‘economies’ are destined for a lengthy coexistence.

Suggested Citation

  • Grzegorz W. Kolodko, 2001. "The ‘New Economy’ and the Old Problems: Prospects for Fast Growth in Postsocialist Countries," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 4(2), pages 71-90, November.
  • Handle: RePEc:zag:zirebs:v:4:y:2001:i:2:p:71-90
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    More about this item

    Keywords

    Computorisation; Globalisation; Internet; New economy; Post-socialist countries;

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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