The Middle-Income Trap in Central and Eastern Europe
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Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic "way west" for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which…mehr

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Produktbeschreibung
Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic "way west" for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the "middle-income trap" and identify possible ways to escape it.
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Autorenporträt
Uwe Müller has been a senior researcher at the GWZO/Leibniz Institute for the History and Culture of Eastern Europe since 2011. He gained a PhD in economic history at the Humboldt University in Berlin. He has researched and taught at the Humboldt University, the European University Viadrina in Frankfurt (Oder) and the Saarland University in Saarbrücken. His research interests include the economic history of Eastern Europe from the middle of the 19th century to the present day with a special focus on the integration of this region in the European and world economy.