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Author: | Braga de Macedo, J. |
Title: | Converging european transitions |
Journal: | World Economy
2000 : NOV, VOL. 23:10, p. 1335-1366 |
Index terms: | EUROPE FINANCIAL CRISES GROWTH THEORY |
Language: | eng |
Abstract: | The implosion of the "second world" provoked numerous changes in state boundaries and drastic political, economic and social transformations spanning two continents. It also changed the outlook for an increasingly diverse "third world". The forces at work became clearer after successive financial crises in both "worlds" created perceptions of a reversal in the process of convergence between mature democracies and so-called "emerging markets", a group hiding a lot of different national and regional circumstances. |
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