LEADER 03621nam 2200613Ia 450 001 9910464235403321 005 20181114215907.0 010 $a1-4623-7999-0 010 $a1-4527-9850-8 010 $a9786612842658 010 $a1-4518-7191-0 010 $a1-282-84265-X 035 $a(CKB)3170000000055209 035 $a(EBL)1608192 035 $a(SSID)ssj0000939934 035 $a(PQKBManifestationID)11523026 035 $a(PQKBTitleCode)TC0000939934 035 $a(PQKBWorkID)10956164 035 $a(PQKB)11567073 035 $a(OCoLC)650327844 035 $a(MiAaPQ)EBC1608192 035 $a(EXLCZ)993170000000055209 100 $a20041202d2009 uf 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 14$aThe second transition$b[electronic resource] $eEastern Europe in perspective /$fprepared by Stefania Fabrizio, Daniel Leigh, and Ashoka Mody 210 $a[Washington D.C.] $cInternational Monetary Fund$d2009 215 $a1 online resource (35 p.) 225 1 $aIMF working paper ;$vWP/09/43 300 $aDescription based upon print version of record. 311 $a1-4519-1626-4 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; Figures; 1(a). CEE GDP per capita as a percent of EU-15 GDP per capital, 1995-2007; 1(b). GDP per capita as a share of US GDP, major emerging market regions, 1995-2007; II. Openness and Institutions; 2(a). CEE Trade Openness Trends, 1995-2007; 2(b). CEE World Market Shares and Real Exchange Rate Trends, 1995-2007; 3. CEE Structural Transformation of Exports, 1994-2004; 4. CEE Trends in Financial Integration, 1995-2007; 5. CEE Trends in Institutional Strength, 1995-2007; 6. Average Value of Fiscal Institutions Index, 1991-2004 327 $aIII. Emerging Market Regions in Perspective 7. Regional Trends in Trade and Financial Openness; 8. Regional Trends in Export Shares and Real Effective Exchange Rates, 1995-2007; IV. Growth Outcomes; A. Accelerations; 9. Current Account Trends, 1995-2007; 10. Regional Trends in Institutional Strengthening, 1995-2007; Box; 1. Growth Accelerations: Methodology and Data; Tables; 1. Growth Acceleration Episodes, by Region; 2. Frequency of Growth Accelerations, by Region; 3. Correlates of Growth Accelerations; B. Traditional Growth Analysis; V. Financial Turbulence: A Test of the Economic Model? 327 $a11. Financial Stress VI. Conclusions; References 330 $aThe countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European Union, they rode a wave of global trade and financial market integration. Focusing on the second transition, this paper reaches three conclusions. First, by several metrics, East European and East Asian growth performances were about on par from the mid-1990s; both regions far surpassed Latin American growth. Second, the mechanisms of growth in East Europe and East Asia were, however, very different. East Eu 410 0$aIMF working paper ;$vWP/09/43. 606 $aEconomic development$zEurope, Eastern 606 $aEconomics$zEurope, Eastern 608 $aElectronic books. 615 0$aEconomic development 615 0$aEconomics 700 $aFabrizio$b Stefania$0888385 701 $aLeigh$b Daniel$0867941 701 $aMody$b Ashoka$0888386 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464235403321 996 $aThe second transition$92101439 997 $aUNINA