The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp output decline. The fall in real GDP exceeded 20% while real industrial production decreased even by 40%. Output Decline in Eastern Europe aims at providing comprehensive,...
List of Figures. List of Tables. Introduction and Overview; R. Holzmann, J. G?cs, G. Winckler. I: Measurement of Output Decline. 1. The Impact of National Accounting Systems on Growth Rates; J. ?vay. 2. The Irregular Economy in Transition: Features, Measurement, and Scope; B...