The Savings Collapse during the Transition in Eastern Europe

The Savings Collapse during the Transition in Eastern Europe

The authors assess the presence and extent of involuntary savings by comparing the predicted savings rates of market economies with those of the pre-transition economies. On balance, predicted savings rates fell short of actual savings rates, especially for the former Soviet Union and the Baltics --...

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Bibliographic Details
Main Authors: Denizer, Cevdet, Wolf, Holger C.
Format: Publications & Research
Language:en_US
Published: World Bank, Washington, DC 2015
Subjects:
savings
market economy
transitional economies
economic liberalization
gross domestic product
centrally planned economies
centrally planned economy
comparative economics
conflict
consumers
consumption smoothing
CPI
development economics
disequilibrium
econometrics
economic circumstances
economic growth
economic outlook
economic performance
economic reform
elasticities
elasticity
equilibrium
financial deepening
GDP
GDP per capita
growth policy
income
income distribution
income support
inequality
inflation
interest rates
liberalization
M2
market economies
poor
positive effects
poverty reduction
price changes
price controls
real income
savings behavior
savings rates
social security
sustainable growth
terms of trade
transition economies
urbanization
war
wealth
willingness to pay
Online Access:http://hdl.handle.net/10986/21375

Internet

http://hdl.handle.net/10986/21375

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