Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/142148 
Year of Publication: 
2015
Citation: 
[Journal:] Eastern Journal of European Studies [ISSN:] 2068-6633 [Volume:] 6 [Issue:] 1 [Publisher:] Centre for European Studies, Alexandru Ioan Cuza University [Place:] Iasi [Year:] 2015 [Pages:] 63-89
Publisher: 
Centre for European Studies, Alexandru Ioan Cuza University, Iasi
Abstract: 
The main focus of the paper is the growth process in transition countries in the period 1992-2002, by using the production function approach. The empirical cross-section study performed found that initial life expectancy and net savings speed up growth while death rate, inflation, and terms of trade hamper the increase in GDP. The paper also aims at providing policy implications, e.g. better spending in the legal system, healthcare and social security could help governments foster the restructuring process and decrease the effect of the mistakes made in the past.
Subjects: 
growth
transition countries
JEL: 
E01
Document Type: 
Article
Document Version: 
Published Version
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