GDN – SEE The Seventh Phase Papers

The papers of the GDN SEE project’s seventh phase are now available online at the wiiw Balkan Observatory website. wiiw economists and research teams from the SEE region have been analysing the reasons for the lagging behind of Southeast Europe under the broad theoretical approach that can be characterised as that of the Austrian theory of development. This approach relies on the seminal work in development economics by Alexander Gerschenkron (the role of the state, firms and banks in pulling countries out of backwardness), Paul Rosenstein-Rodan (increasing returns and large scale infrastructure investment) and Albert Hirschman (induced industrialisation and its forward and backward linkages), accounting for a region’s development – or its failure.

A list of the papers and the respective download links can be found here.