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Persistent link: https://www.econbiz.de/10003602773
The paper deals with the choice of the nominal euro conversion rates for the acceding countries upon their accession to EMU. The paper reviews theoretical models of equilibrium exchange rates as well as discusses their interpretation and the ensuing policy recommendations. Problems with...
Persistent link: https://www.econbiz.de/10014205753
Persistent link: https://www.econbiz.de/10013442016
This paper explores the development of Kosovo's transformation into a market economy. The first objective is to explore the transition from a centrally planned to an open market economy in Kosovo and to examine the challenges of this transformation over the years. In addition, the paper provides...
Persistent link: https://www.econbiz.de/10010532427
and legal reasons. There is some hesitation about privatization, as for foreign direct investment, and, where accepted …, about the precise timing. Where privatization of basic service monopolies occurs, the role of the state shifts towards a …
Persistent link: https://www.econbiz.de/10010229110
Contrary to expectations and announcements of policy makers in transition economies, privatization has taken longer … privatization and thus transition from a centrally planned to a market economy. Part I describes the command economy legacy … presents preliminary results from Poland's privatization experience. Part III identifies the anticipated and unanticipated …
Persistent link: https://www.econbiz.de/10011454987
all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …
Persistent link: https://www.econbiz.de/10012628516
We provide an overview of housing privatization policies and outcomes in transition economies. Our primary aim is to … collect and systematize key information concerning the institutional features of housing privatization in individual countries …: we identify the initial conditions, the timeframe of housing privatization and its culmination, the extent of housing …
Persistent link: https://www.econbiz.de/10012242314
"The paper evaluates the effects of privatization in the post-communist economies and China. In post …-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of … privatization to domestic owners are less impressive and vary across regions, coinciding with differences in policies and …
Persistent link: https://www.econbiz.de/10003791159
Persistent link: https://www.econbiz.de/10003417756