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For Eastern Europe, An Agenda for Economic Growth

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Publication Date: March 1990

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Edward L. Hudgins; Douglas Seay

Topic: Economics (Economic policy, planning, and development)

Keywords: Europe

Type: Report

Abstract:

Given their resource base, location, and skilled populations, there is no reason that the countries of Eastern Europe need to continue to subsist with
the antiquated and wealthdestroying economies forced upon them by the Soviet Union.The way is open to them to undertake those reforms to launch
them into an era of sustained growth and increasing wealth and full participation in the world economy. Having bravely recovered their freedom, they will quickly discover that the responsibility for their future lies entirely in their own hands.