Chevalley, Thierry F.D.. "Central Europe: From Central Command Economies to Free Markets", 1992

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Central Europe faces a decade of restructuring due to the move from centrally planned economies to free markets. Its economic evolution into the current structure of resource utilization and output composition is traced by using a dynamic model. Major production factors and their interaction are simulated to quantify the issues of the transition: these include the transformation of traditional industries and their reorientation towards services, the parallel transfer of ownership of assets and financial intermediaries, restructuring the labor pool, demographic changes and energy efficiency.

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  • 1992
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