Accession Number:

ADA257123

Title:

Western Governmental Assistance to Eastern Europe: The First Steps

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1991-01-01

Pagination or Media Count:

32.0

Abstract:

The successful transformation of Eastern Europe to democracy and to market economics is not assured. Regional stability will depend upon resolving the general economic crisis. This makes the transformation process an object of policy interest for the West. The economic crisis in Eastern Europe stems from the inability of national economies to make efficient use of resources. The solution lies in the through transformation of economic systems. The crisis is aggravated by a legacy of debt. Eastern Europe needs assistance, not aid. Large aid grants have the potential to mitigate stock problems, the symptoms of crisis, but not the systemic problems that cause the stock problems.

Descriptors:

Subject Categories:

  • Economics and Cost Analysis
  • Geography

Distribution Statement:

APPROVED FOR PUBLIC RELEASE