The Middle-Income Trap in Central and Eastern Europe : Causes, Consequences and Strategies in Post-Communist Countries / edited by Yaman Kouli and Uwe Müller.

Format:

Book

Contributor:

Kouli, Yaman, editor.

Müller, Uwe, editor.

Series:

New perspectives on Central and Eastern European studies ; Volume 4.

New Perspectives on Central and Eastern European Studies ; Volume 4

Language:

English

Subjects (All):

Europe, Central--Economic conditions--1989-.

Europe, Central.

Europe, Eastern--Economic conditions--1989-.

Europe, Eastern.

Economic development--Europe, Central--21st cetury.

Economic development.

Economic development--Europe, Eastern--21st cetury.

New business enterprises--Europe, Central.

New business enterprises.

New business enterprises--Europe, Eastern.

Physical Description:

1 online resource (306 pages)

Edition:

First edition.

Place of Publication:

New York : Berghahn Books, [2024]

Summary:

"Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic "way west" for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the "middle-income trap" and identify possible ways to escape it"-- Provided by publisher.

Contents:

Frontmatter

Contents

List of Illustrations

Preface

Abbreviations

Introduction. Transformation of the Transformation? The Middle-Income Trap and the Search for a New Development Strategy in the Post-Communist States of Central and Eastern Europe

Part I. Historical Legacies

Chapter 1. Poland's Communist Heritage and Its Impact on Post-1990 Economic Development

Chapter 2. Institutional Development and Growth as Outputs of Early Transition Policies

Part II. Development Strategies on the Economic, Entrepreneurial and Individual Level

Chapter 3. The Middle-Income Trap and Its Narrow Escape Hatches: Dependent Development and FDI-Led Growth in Romania

Chapter 4. Between Domestic Entrepreneurship and Global Technology Chains: Upgrading Paths of Two Large IT Firms from Poland

Chapter 5. The Value of Return Migration: Th e Case of Bulgaria

Part III. The Impact of European Integration

Chapter 6. The Winners and Losers of Economic Openness: Eastern Europe's Growth Path Post-1989

Chapter 7. Developmentalist Illusion? EU Cohesion Policy, Dependent Development and the State in East Central Europe

Chapter 8. East-Central Europe: The Eternal Periphery of the EU?

Chapter 9. Cohesion Policy for Escaping the Middle-Income Trap

Conclusion and Outlook

Index

Notes:

Description based on print version record.

ISBN:

9781805393955

1805393952

9781805391821

1805391828