How have Eastern European economies developed since the fall of communism?
1 Answer
Nov 8, 2017
They have developed
Explanation:
Communism had a negative effect on the economies of Eastern Europe, it was not only a political yoke, it was also a economic yoke. Liberalizing the economy had a violent impact in the beginning but economic growth and standards of living have substantially increased. Nevertheless some countries are still lesser priviledged especiallly in comparison with Western Europe. Nolstagia for communism can also be found especially among elderly people mostly because of the social protection provided by the government which is now inexistent.
