01625cas a2200241 a 4500 AALejournalIMF000721 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451928365 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Recovery and Growth in Transition Economies 1990-97 : A Stylized Regression Analysis. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes the determinants of growth in 25 transition economies during 1990-97. The paper's main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms on output may be negative, over time the best growth performances are in those countries with the greatest progress in implementing reforms. The analysis also confirms that although adverse initial conditions hurt growth, their effect is small compared to the other factors. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/141 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/141/001.1998.issue-141-en.xml IMF e-Library