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...
World Bank, Europe and Central Asia Region, Poverty Reduction and Economics Management Sector Unit,
|Series:||Policy research working papers
Wisma Putra-Open Shelves