Saving: by Plan and in the Market

  • Patrick Conway


To explain the poor macroeconomic performance of the transition economies, particularly in terms of economic growth and inflation, it is necessary first to understand the economic principles governing the individual’s choice to save. These economic principles will serve as a structure for the subsequent investigations of the volume


Interest Rate Transition Economy Real Interest Rate Crisis Period Nominal Interest Rate 
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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Patrick Conway
    • 1
  1. 1.Department of EconomicsUniversity of North CarolinaUSA

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