The Course of Transformation

Hella Engerer

Chapter 10 in Privatization and its Limits in Central and Eastern Europe, 2001, pp 149-156 from Palgrave Macmillan

Abstract: Abstract Transformation in Central and Eastern Europe does not only pose a challenge to economists, who must rethink their theories. It also requires them to make every effort to master their empirical basis. An increasing amount of statistical data pertaining to Central and Eastern Europe has been published lately, not only by the relevant national offices of statistics but by international organizations as well. However, the comparison of comparable data still produces differences or even inconsistencies, at times. Therefore statistical data on Central and Eastern Europe should be considered carefully, and only treated as a as a mere trend. As the individual countries are not equally advanced with respect to the change of their statistical reporting, the following comparison can describe only roughly the common and the distinguishing features of Central and Eastern European countries.

Keywords: Real Wage; Individual Country; Eastern European Country; Stabilization Policy; Shock Therapy (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-52300-5_11

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DOI: 10.1057/9780230523005_11

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