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ACHIEVING RAPID GROWTH IN THE TRANSITION ECONOMIES OF CENTRAL EUROPE

Jeffery Sachs and Andrew Warner

No 294092, Harvard Institute for International Development (HIID) Papers from Harvard University, Kennedy School of Government

Abstract: The preeminent economic challenge for Central European economies in transition is to grow rapidly for a sustained period of time. On current policies, the Central European economies can expect to grow at moderate rates, faster than Western Europe, but far short of the rapid growth rates achieved in the very fast growing economies (VFGEs) in Asia and elsewhere. This paper discusses the sources of rapid growth in the VFGEs, and the ways in which Central Europe could emulate key aspects of the economic policies of the VFGEs in order to raise the growth rates of the Central European economies.

Keywords: International; Development (search for similar items in EconPapers)
Pages: 71
Date: 1996-07
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Citations: View citations in EconPapers (35)

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Related works:
Working Paper: Achieving Rapid Growth in the Transition Economies of Central Europe (1996) Downloads
Working Paper: Achieving Rapid Growth in the Transition Economies of Central Europe (1996) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:hariid:294092

DOI: 10.22004/ag.econ.294092

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