Transition Has Been Relatively Successful, Says Leading Slovene Economist

Ljubljana, 18 July - Discussion on the issue of transition continues. The former divide between the advocates of the "shock" therapy and the advocates of the gradual method has been replaced by a divide between those who are satisfied and those who are not - while the former are usualy optimists, the latter are pessimists when looking at the future. This was established by Joze Mencinger, a leading Slovene economist who is currently the Chancellor of the Ljubljana University, in an article entitled "Ten Years On: Transition - Success, Failure or Something In-between?" which was published in the latest issue of Gospodarska gibanja (Economic Movements). Mencinger believes that the economic results of a majority of transition economies are worse than expected, while social costs of transition are greater than expected.

The rest of this news item is available to subscribers.
The news item consists of 2.916 characters (without spaces) or 512 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

© STA, 2000