Browse

You are looking at 1 - 1 of 1 items for :

  • Earth Sciences, Geography, Environment x
  • Demographic Trends, Macroeconomic Effects, and Forecasts x
  • Currency; Foreign exchange x
Clear All
Ms. Ratna Sahay, Mr. Stanley Fischer, and Mr. Carlos A. Végh Gramont
This paper presents evidence on the behavior of output and inflation in the transition economies during 1992–95. A regression analysis explores the differences in output performance across the transition economies during this period. The paper then engages in a numerical, somewhat speculative, exercise to assess the long-run growth potential of the transition economies. It concludes that it should take about 20 years for the faster reformers to reach current OECD per capita levels.