Publication |
2009.
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Summary/Abstract |
THE CURRENT WORLD FINANCIAL CRISIS has brought out not only common but also specific reactions of national economies integrated into the global economy. This article analyzes special features of the economic model that took shape in countries of Central and Eastern Europe (CEE) - Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia - on the eve of the current world financial crisis. It also discusses major guidelines of the anti-cyclical policy and provides assessments of long-term effects of the crisis on the economies of CEE countries.
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