6  CEECs: changes in international assets and liabilities versus real per capita GDP growth  160 Estonia  Changes in international assets and liabilities (1998/2007; percentage points of GDP)  140  Slovenia Latvia  120  100 Bulgaria 80 Lithuania 60  Hungary  Romania Slovak Republic  40 Poland 20 Czech Republic 0 3  4  5  6  7  8  9  Real per capita GDP growth (1999-2008 average; annual percentage changes)  Source: Our calculations based on Eurostat and Lane and Miles-Ferretti database.
In order for policies to be effective, positive incentives must be put in place to break the old system of “eating from the same big pot”, and “same reward for good and bad performers”. The phenomena of the “subsidizing the lean by exploiting the strong” or “the fast oxen get whipped “ should be guarded against.