The Savings collapse during the transition in Eastern Europe

The transition economies of Eastern Europe almost uniformly experienced a precipitous plunge in savings rates - from levels above 30 percent of GDP to levels about half that - early in the transition, before rebounding slightly. Did savings collapse because involuntary savings were eliminated (when...

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Bibliographic Details
Main Author: Denizer, Cevdet.
Corporate Author: World Bank
Other Authors: Wolf, Holger C.
Format: Book
Published: Washington, DC: World Bank, Europe and Central Asia Region, Poverty Reduction and Economics Management Sector Unit, [2000]
Series:Policy research working papers
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