The Middle-Income Trap in Central and Eastern Europe: Causes, Consequences and Strategies in Post-Communist Countries (New Perspectives on Central and Eastern European Studies #4)

By: Yaman Kouli and Uwe Müller

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Synopsis: Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic “way west” for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the “middle-income trap” and identify possible ways to escape it.

Book Quality:: Publisher Quality
ISBN-13:: 9781805393955
Related ISBNs:: 9781805391814
Publisher:: Berghahn Books, Incorporated
Date of Addition:: 11/10/23
Copyrighted By:: Yaman Kouli and Uwe Müller
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: History, Nonfiction, Business and Finance, Social Studies, Politics and Government
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.
Edited by:: Yaman Kouli
Edited by:: Uwe Müller