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The savings collapse during the transition in Eastern Europe (الإنجليزية)

The authors assess the presence and extent of involuntary savings by comparing the predicted savings rates of market economies with those of the pre-transition economies. On balance, predicted savings rates fell short of actual savings rates, especially for the former Soviet Union and the Baltics -- providing some support for the notion of excessive pre-transition savings. Comparing the savings behavior of market economies and transition economies...
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نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)


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