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13.1. Alternative Paths: Stagnation, Growth, Sustainable Development 13.1. Alternative Paths: Stagnation, Growth, Sustainable Development
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13.2. Rosy Forecasts, Black Scenarios, and Wise Policies 13.2. Rosy Forecasts, Black Scenarios, and Wise Policies
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13.3. Detours and Dead-Ends 13.3. Detours and Dead-Ends
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13.4. Is there a Happy Ending? 13.4. Is there a Happy Ending?
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13 The Long-term Perspectives
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Published:April 2000
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Abstract
Although any country has the tendency to stop growth and development (thus, becoming stagnant) at any point, realisation of this can be a stepping stone to the pursuance of sustainable progress. Postsocialist economies we hope will continue to expand in the future; and countries, specifically members of the OECD or the Central European Free Trade Agreement, might be included in the list of nations operating under advanced economies. Qualification for the grouping is based on structural features, present establishments, and performance trends. Despite these categorisations, the selection process demands some revisions; hence, the transformation from a postsocialist market system to a market economy requires extensive reviews as well as hardcore behavioural and cultural modifications. Indeed, the arguments about transitions will persist; however, it should be noted that all these endeavours should encourage sustainable development.
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