Long-Term Growth and Welfare in Transitional Economies: The Impact of Demographic, Investment and Social Policy Changes

Giovanni Cornia, Juha Honkkila, Renato Paniccià and Vladimir Popov

No wp-1996-122, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper analyses the long-term growth and welfare impact of the transition to the market economy in the countries of Eastern Europe. We define welfare as the average real net wage after payments of social security contributions to fund a paygo-type pension system, and of taxes to service the interests on the accumulated public debt.We examine four sets of factors that will influence growth and the welfare of wage earners up to the year 2030.

Keywords: Public debt; Economic development; Investments; Population; Public welfare (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Long-Term Growth and Welfare in Transitional Economies The Impact of Demographic, Investment and Social Policy Changes (1996)
Working Paper: Long-Term Growth and Welfare in Trnasitional Economies: The Impact of Demographic, Investment and Social Policy Changes (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-1996-122

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