Holdings: The Savings Collapse during the Transition in Eastern Europe

The Savings Collapse during the Transition in Eastern Europe

The authors assess the presence and extent of involuntary savings by comparing the predicted savings rates of market economies with those of the pre-transition economies. On balance, predicted savings rates fell short of actual savings rates, especially for the former Soviet Union and the Baltics --...

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Bibliographic Details
Main Authors:	Denizer, Cevdet, Wolf, Holger C.
Language:	en_US
Published:	World Bank, Washington, DC 2015
Subjects:	savings market economy transitional economies economic liberalization gross domestic product centrally planned economies centrally planned economy comparative economics conflict consumers consumption smoothing CPI development economics disequilibrium econometrics economic circumstances economic growth economic outlook economic performance economic reform elasticities elasticity equilibrium financial deepening GDP GDP per capita growth policy income income distribution income support inequality inflation interest rates liberalization M2 market economies poor positive effects poverty reduction price changes price controls real income savings behavior savings rates social security sustainable growth terms of trade transition economies urbanization war wealth willingness to pay
Online Access:	http://hdl.handle.net/10986/21375

Internet

http://hdl.handle.net/10986/21375

The Savings Collapse during the Transition in Eastern Europe

Internet

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