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The transformation of Eastern Europe

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  • Siebert, Horst

Abstract

I. The Gap between Western and Eastern Europe 3 II. The Starting Conditions 4 III. Three Major Areas of Reforms 6 IV. The Restructuring and Privatization of Firms 9 V. The J-Curve of Output and Employment 14 VI. Sequencing 16 VII. Integrating the New Market Economies into the European Economic Space 20 Appendix 25 References 26

Suggested Citation

  • Siebert, Horst, 1991. "The transformation of Eastern Europe," Kiel Discussion Papers 163, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkdp:163
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    References listed on IDEAS

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    1. Wojeiech Kostrzewa & Peter Nunnenkamp & Holger Schmieding, 1990. "A Marshall Plan for Middle and Eastern Europe," The World Economy, Wiley Blackwell, vol. 13(1), pages 27-49, March.
    2. Lal, Deepak, 1987. "The Political Economy of Economic Liberalization," The World Bank Economic Review, World Bank, vol. 1(2), pages 273-299, January.
    3. Brander, James A. & Spencer, Barbara J., 1985. "Export subsidies and international market share rivalry," Journal of International Economics, Elsevier, vol. 18(1-2), pages 83-100, February.
    4. Siebert, Horst & Schmieding, Holger, 1990. "Restructuring industry in the GDR," Kiel Working Papers 431, Kiel Institute for the World Economy (IfW Kiel).
    5. Sebastian Edwards, 1989. "On the Sequencing of Structural Reforms," NBER Working Papers 3138, National Bureau of Economic Research, Inc.
    6. Robert Summers & Alan Heston, 1988. "A New Set Of International Comparisons Of Real Product And Price Levels Estimates For 130 Countries, 1950–1985," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 34(1), pages 1-25, March.
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    Cited by:

    1. Schweickert, Rainer, 2003. "Vom Washington-Konsens zum Post-Washington-Dissens? Glaubwürdigkeit, Timing und Sequencing wirtschaftlicher Reformen," Open Access Publications from Kiel Institute for the World Economy 3082, Kiel Institute for the World Economy (IfW Kiel).
    2. Falk, Martin & Raiser, Martin & Brauer, Holger, 1996. "Making sense of the J-curve: Capital utilisation, output, and total factor productivity in Polish industry 1990-1993," Kiel Working Papers 723, Kiel Institute for the World Economy (IfW Kiel).
    3. Langhammer, Rolf J., 1992. "Die Assoziierungsabkommen mit der CSFR, Polen und Ungarn: wegweisend oder abweisend?," Kiel Discussion Papers 182, Kiel Institute for the World Economy (IfW Kiel).
    4. Raiser, Martin, 1993. "The no-exit economy: Soft budget constraints and the causes of success or failure of economic reforms in developing countries," Kiel Working Papers 581, Kiel Institute for the World Economy (IfW Kiel).
    5. Lücke, Matthias, 1994. "Beschäftigungsstruktur und realwirtschaftliche Anpassung in der ehemaligen Sowjetunion," Open Access Publications from Kiel Institute for the World Economy 1614, Kiel Institute for the World Economy (IfW Kiel).
    6. Martin Raiser, 1993. "Old habits die hard," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 28(4), pages 170-177, July.
    7. Lücke, Matthias, 1994. "The scope for competition among regional governments in the Russian Federation," Kiel Working Papers 649, Kiel Institute for the World Economy (IfW Kiel).
    8. Norbert Funke, 1993. "Credibility of government policy: Lessons for economies in transition," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 28(2), pages 73-78, March.
    9. Martin Raiser, 1995. "“Transition is a bridge, therefore do not dwell upon it”1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 3(2), pages 215-246, June.
    10. Funke, Norbert, 1993. "Timing and sequencing of reforms: Competing views," Kiel Working Papers 552, Kiel Institute for the World Economy (IfW Kiel).
    11. Raiser, Martin & Nunnenkamp, Peter, 1993. "Output decline and recovery in Central Europe: the role of incentives before, during and after privatisation," Kiel Working Papers 601, Kiel Institute for the World Economy (IfW Kiel).
    12. Fischer, Manfred M. & Johannson, Börje, 1994. "Opening Up International Trade in Eastern European Countries. Consequences for Aggregate Trade Flows in the Rhine-Main-Danube Area," MPRA Paper 77812, University Library of Munich, Germany.
    13. Nunnenkamp, Peter & Schmieding, Holger, 1991. "Zur Konsistenz und Glaubwürdigkeit von Wirtschaftsreformen: Einige Erfahrungen und Lehren für die Systemtransformation in Mittel- und Osteuropa," Kiel Discussion Papers 166, Kiel Institute for the World Economy (IfW Kiel).
    14. Nunnenkamp, Peter & Funke, Norbert, 1992. "Woran scheitern Stabilisierungs- und Liberalisierungsprogramme? Lehren aus Entwicklungsländern für den Transformationsprozeß in Osteuropa," Open Access Publications from Kiel Institute for the World Economy 2022, Kiel Institute for the World Economy (IfW Kiel).
    15. Raiser, Martin, 1993. "Governing the transition to a market economy," Kiel Working Papers 592, Kiel Institute for the World Economy (IfW Kiel).
    16. Otto Singer, 1992. "COllstructing the Economic Spectacle: The Role of Currency Union in the German Unification Process," Journal of Economic Issues, Taylor & Francis Journals, vol. 26(4), pages 1095-1115, December.
    17. Hiemenz, Ulrich & Funke, Norbert, 1993. "The experience of developing countries with macroeconomic stabilisation and structural adjustment," Kiel Working Papers 606, Kiel Institute for the World Economy (IfW Kiel).
    18. Schmidt, Klaus-Dieter, 1992. "Ownership structure and enterprise performance in the transition process: Evidence from Eastern Germany," Kiel Working Papers 530, Kiel Institute for the World Economy (IfW Kiel).
    19. Raiser, Martin, 1992. "Soft budget constraints: An institutional interpretation of stylised facts in economic transformation in Central Eastern Europe," Kiel Working Papers 549, Kiel Institute for the World Economy (IfW Kiel).
    20. Buch, Claudia M., 1993. "An institutional approach to banking reform in Eastern Europe," Kiel Working Papers 560, Kiel Institute for the World Economy (IfW Kiel).

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