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The savings collapse during the transition in Eastern Europe / Cevdet Denizer, Holger C. Wolf.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Denizer, Cevdet.
- Series:
- Policy research working papers ; 2419.
- World Bank e-Library.
- Policy research working paper ; 2419
- Language:
- English
- Subjects (All):
- Saving and investment--Europe, Eastern--Statistics.
- Saving and investment.
- Saving and investment--Europe, Eastern.
- Other Title:
- Policy research working paper vol. 2419
- Place of Publication:
- Washington, DC : World Bank, Europe and Central Asia Region, Poverty Reduction and Economics Management Sector Unit, [2000]
- System Details:
- data file
- Summary:
- 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 goods became available for purchase) or because of a change in equilibrium savings, reflecting the changed economic circumstances and long-term prospects?
- Notes:
- "August 2000"--Cover.
- Title from title screen as viewed on Oct. 15, 2002.
- Includes bibliographical references (p. 12-13).
- Publisher Number:
- 10.1596/1813-9450-2419
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