Nuti, D. Mario - In: Economic Annals 54 (2009) 181, pp. 7-20
All forecasts for transition countries – the 29 EBRD countries of operation – since mid-2008 have been repeatedly downgraded. The latest forecasts (May 2009) envisage an average income decline of 5 per cent in 2009 and only a small recovery of 1.4 per cent in 2010; performance is very diverse.In...