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The paper analyses the 20-year experience with transition in the SEE countries in a comparative framework, illustrating how these countries encountered difficulties in its implementation, despite having some of the best starting conditions in 1989 to implement a swift transition to a market...
Persistent link: https://www.econbiz.de/10008661219
The collapse of the Cuban economy following the cessation of Soviet assistance gave way to a strong recovery in 1994-96. There are three possible explanations for this recovery: (i) that it never took place; (ii) that it reflected a surge in productivity resulting from stabilization and...
Persistent link: https://www.econbiz.de/10012782890
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012025573
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012033099
We argue that the tilt toward donor interests over recipient needs in aid allocation and practices may be particularly strong in new partnerships. Using the natural experiment of Eastern transition we find that commercial and strategic concerns influenced both aid flows and entry in the first...
Persistent link: https://www.econbiz.de/10013001012
In the months and years ahead, it is plausible, perhaps even likely, that the issue of renewed Western economic assistance for the DPRK, or North Korea, will return once again to policymakers‘ agendas. We should therefore ask: Could major inflows of Western aid lead to an economic...
Persistent link: https://www.econbiz.de/10014171709
The paper analyses the 20-year experience with transition in the SEE countries in a comparative framework, illustrating how these countries encountered difficulties in its implementation, despite having some of the best starting conditions in 1989 to implement a swift transition to a market...
Persistent link: https://www.econbiz.de/10010280136
Following Cuba’s "de-penalization," of the use of the dollar in August 1993, its role expanded rapidly. It now may be a … contributes to some problems. The Government of Cuba has considered the advisability of switching to the Euro, and more important … term, it would be unwise to adopt a currency that was economically and geo-economically inappropriate for Cuba, given the …
Persistent link: https://www.econbiz.de/10005627009
There is widespread discussion both within and outside Cuba concerning what direction the Cuban economy will go under … needed to intelligently discuss that issue- where Cuba's economy stands today, and what type of reforms Cuba's political and … economic issues Cuba faces in regards to both the present and the near future, and thereby give a solidly information …
Persistent link: https://www.econbiz.de/10010288046
There is widespread discussion both within and outside Cuba concerning what direction the Cuban economy will go under … needed to intelligently discuss that issue- where Cuba’s economy stands today, and what type of reforms Cuba’s political and … economic issues Cuba faces in regards to both the present and the near future, and thereby give a solidly information …
Persistent link: https://www.econbiz.de/10003732753