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The transformation of Eastern Europe


  • Siebert, Horst


I. The Gap between Western and Eastern Europe 3 II. The Starting Conditions 4 III. Three Major Areas of Reforms 6 IV. The Restructuring and Privatization of Firms 9 V. The J-Curve of Output and Employment 14 VI. Sequencing 16 VII. Integrating the New Market Economies into the European Economic Space 20 Appendix 25 References 26

Suggested Citation

  • Siebert, Horst, 1991. "The transformation of Eastern Europe," Kiel Discussion Papers 163, Kiel Institute for the World Economy (IfW).
  • Handle: RePEc:zbw:ifwkdp:163

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    References listed on IDEAS

    1. Lal, Deepak, 1987. "The Political Economy of Economic Liberalization," World Bank Economic Review, World Bank Group, vol. 1(2), pages 273-299, January.
    2. Brander, James A. & Spencer, Barbara J., 1985. "Export subsidies and international market share rivalry," Journal of International Economics, Elsevier, vol. 18(1-2), pages 83-100, February.
    3. Sebastian Edwards, 1989. "On the Sequencing of Structural Reforms," NBER Working Papers 3138, National Bureau of Economic Research, Inc.
    4. Summers, Robert & Heston, Alan, 1988. "A New Set of International Comparisons of Real Product and Price Levels Estimates for 130 Countries, 1950-1985," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 34(1), pages 1-25, March.
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    Cited by:

    1. Schweickert, Rainer, 2003. "Vom Washington-Konsens zum Post-Washington-Dissens? Glaubwürdigkeit, Timing und Sequencing wirtschaftlicher Reformen," Open Access Publications from Kiel Institute for the World Economy 3082, Kiel Institute for the World Economy (IfW).
    2. Langhammer, Rolf J., 1992. "Die Assoziierungsabkommen mit der CSFR, Polen und Ungarn: wegweisend oder abweisend?," Kiel Discussion Papers 182, Kiel Institute for the World Economy (IfW).
    3. Lücke, Matthias, 1994. "Beschäftigungsstruktur und realwirtschaftliche Anpassung in der ehemaligen Sowjetunion," Open Access Publications from Kiel Institute for the World Economy 1614, Kiel Institute for the World Economy (IfW).
    4. Raiser, Martin & Nunnenkamp, Peter, 1993. "Output decline and recovery in Central Europe: the role of incentives before, during and after privatisation," Kiel Working Papers 601, Kiel Institute for the World Economy (IfW).
    5. Nunnenkamp, Peter & Schmieding, Holger, 1991. "Zur Konsistenz und Glaubwürdigkeit von Wirtschaftsreformen: Einige Erfahrungen und Lehren für die Systemtransformation in Mittel- und Osteuropa," Kiel Discussion Papers 166, Kiel Institute for the World Economy (IfW).
    6. Raiser, Martin, 1992. "Soft budget constraints: An institutional interpretation of stylised facts in economic transformation in Central Eastern Europe," Kiel Working Papers 549, Kiel Institute for the World Economy (IfW).

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