Author:Rostowski, J.
Title:Investment in postcommunist economies
Journal:Russian and East European Finance and Trade
1997 : SEP-OCT, VOL. 33:5, p. 7-34
Index terms:INVESTMENT
ECONOMIC CONDITIONS
COMMUNISM
Language:eng
Abstract:If official statistics are to be believed, the fall in output in the transition economies of Central and Eastern Europe has probably been the largest anywhere in peacetime in modern history. This fall in output was certainly noticeably larger than that which occurred during the great Depression of the 1930s, although it was smaller than during World War II in countries that served as battlegrounds. It is therefore important to know what the cause of the postcommunist depression was.
SCIMA record nr: 165733
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