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ArtikelEastern Europe's Economic Woes: Down in the Dumps  
Oleh: The Economist
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 393 no. 8656 (Nov. 2009), page 45.
Topik: Eastern Europe; Ex-communist Countries; Economic Woes; European Bank for Reconstruction and Development (EBRD)
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.58
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelEven at the height of the ex-communist countries’ boom in 2006, almost half their citizens felt they lived worse than in 1989. Yet that glum verdict on 17 years of liberalisation, privatisation and stabilisation was tempered by another finding. Most of those polled by the World Bank and European Bank for Reconstruction and Development (EBRD) said they were optimistic about their children’s prospects. The worry is that the global economic crisis has dented confidence in the future and intensified gloom about the present. Fast growth eased dissatisfaction with corrupt politicians and bossy bureaucrats. It offered at least the chance of better health care and education, which lag far behind western standards. But the average decline in GDP this year is a whopping 6.2%; recovery is expected to be slow. So east Europeans face higher taxes, bigger debts, less public spending, lower pay and fewer jobs. They do not have the same shock-absorbers as in the west—which is where, in the eyes of many, the crisis originated.
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