Pressure to adjust: Consequences for the OECD countries from reforms in eastern Europe
The opening of the formerly planned economies to the world has not only profound consequences for these central and eastern European economies. There are also substantial effects on the economies of western Europe, resulting from enhanced price competition in product markets, migration and capital f...
|Published in:||Empirica : journal of european economics, Vol. 21, No. 2 (1994), p. 141-196|
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|Item Description:||Revised version of a paper presented at the Empirica Economic Policy Forum on "Consequences of Eastern European Reform: Are the OECD countries ready for their economic adjustments?”, Vienna, October 8, 1993. The paper profited from lively comments by the participants, and from written comments by E. Hochreiter and G. Winckler. The usual disclaimers apply.|
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