Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/1021 
Year of Publication: 
1998
Citation: 
[Publisher:] Institut für Weltwirtschaft (IfW) [Place:] Kiel [Year:] 1998
Series/Report no.: 
Kiel Working Paper No. 864
Publisher: 
Kiel Institute of World Economics (IfW), Kiel
Abstract: 
This paper addresses the poor economic performance of Eastern Europe in the 1990s and the future development potential of the region in the light of the theories of economic growth and human capital and their empirical tests. It concludes that Eastern Europe is likely to have fallen into a 'poverty trap' and that the way out of this trap involves tapping the growth potential derived from the region's favourable endowment with human capital and implementing growth-enhancing economic reforms.
JEL: 
I2
J24
O15
O4
Document Type: 
Working Paper
Document Version: 
Digitized Version

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