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| Author: | Torstensson, J. Nalin, E. |
| Title: | Did the Collapse of Eastern Europe Affect Economic Policies in Developing Countries? |
| Journal: | Kyklos
1996 : VOL. 49:1, p. 17-28 |
| Index terms: | AID DEVELOPING COUNTRIES ECONOMIC POLICY EMPIRICAL RESEARCH EUROPE, EAST |
| Language: | eng |
| Abstract: | This paper examines the effects of the collapse of the communist regimes of Eastern Europe on economic reform in developing countries within a framework earlier developed by Hirschman (1964). It is shown that countries relying on help from Eastern Europe, socialist developing countries, have reformed their economies when aid from Eastern Europe came to an end. The empirical evidence also suggests that sizeable aid from Western countries has negatively affected reform efforts. |
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