Growth without prosperity
Conference paper
Mikecz, R. 2015. Growth without prosperity.
Authors | Mikecz, R. |
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Type | Conference paper |
Description | Estonia’s post-socialist economic performance has been exemplary. Its liberal economy regularly outranks other Central and Eastern European economies, as well as numerous ‘Western’ economies in terms of competitiveness and economic freedom. The neoliberal virtues of small government, laissez-faire macroeconomic policies and international openness have all been reflected in its economy’s transformation. However, it is arguable whether the country’s economic success has been translated into a similar improvement in welfare. Using Estonia as a case, I argue that whereas the neoliberal shock therapy can be an effective tool for quick market-oriented reforms, its long-term use has adverse socio-economic impacts. |
Year | 2015 |
Conference | Annual conference of the Association for Heterodox Economics |
Official URL | http://hetecon.net/documents/ConferencePapers/2014/Mikecz_452-639-1-RV.pdf |
Related URL | http://hetecon.net/?page=ahe_conferences&side=conference_papers&sub=2014_conference |
File | |
Publication process dates | |
Deposited | 08 Jun 2016 |
Accepted | 01 May 2015 |
Submitted | 01 Feb 2015 |
Output status | Published |
Journal | Journal of Communist and Postcommunist Studies |
https://repository.canterbury.ac.uk/item/87v85/growth-without-prosperity
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