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Strain And Stages Of Central And East-European Transition

Author

Listed:
  • Albu, Lucian Liviu

    (Institute for Economic Forecasting, Romanian Academy, Bucharest)

Abstract

An important goal of the study is to demonstrate that the actual transition in the East European economies is going to be integrated into a more general process of a long-run transition, which also includes the Western economies. The author designed two models for capturing stagflation and for demonstrating some possible ways of transition from the actual situation of the East European economies to the one minimal requested for the acceptance within the European Union.

Suggested Citation

  • Albu, Lucian Liviu, 2000. "Strain And Stages Of Central And East-European Transition," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 29-34, June.
  • Handle: RePEc:rjr:romjef:v::y:2000:i:1:p:29-34
    as

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    More about this item

    Keywords

    bifurcation; transition; attractors; Phillips curve; stop-go cycle;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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