Real Convergence to EU Income Levels : Central Europe From 1990 to the Long Term

The paper discusses factors likely to shape the nature and pace of economic growth of five Central European transition countries now engaged in accession to the European Union. It is organized around the standard growth accounting framework. The paper reviews the growth of these countries since 1990 and draws lessons from the growth experiences of other regions since the 1950s, shedding light on long-term growth prospects for these countries. It discusses a set of growth calculations and highlights the key uncertainties in them.
Publication date: September 2001
ISBN: 9781451856644
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Development - Economic Development , Development - Economic Development , Transition , EU accession , growth , growth accounting , Central Europe , tfp , capital stock , gdp growth , economic growth , total factor productivity , Economic Growth of Open Economies , Economic Growth and Aggregate Productivity: General , Socialist Systems and Transitional

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