
Macroeconomic Challenges in Central and Eastern Europe
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Three decades after the fall of communism, the Central and Eastern European (CEE) countries have achieved income convergence that would have seemed implausible in 1990. This book argues that the growth model which powered this catch up, built on integration into foreign controlled value chains, large capital inflows, technology adoption rather than indigenous creation, and EU (European Union) tran...
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Three decades after the fall of communism, the Central and Eastern European (CEE) countries have achieved income convergence that would have seemed implausible in 1990. This book argues that the growth model which powered this catch up, built on integration into foreign controlled value chains, large capital inflows, technology adoption rather than indigenous creation, and EU (European Union) tran...
Read more