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The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the...
Persistent link: https://www.econbiz.de/10012445971
China’s population is set to age fast, owing to low fertility and rising life expectancy. With ongoing migration of the …
Persistent link: https://www.econbiz.de/10012444116
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off …
Persistent link: https://www.econbiz.de/10011276950
China’s population is set to age fast, owing to low fertility and rising life expectancy. With ongoing migration of the …
Persistent link: https://www.econbiz.de/10008542491
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …
Persistent link: https://www.econbiz.de/10011277005
Russia in 2003 embarked on the restructuring of its electricity sector. The reform is intended to introduce competition into electricity production and supply, leaving dispatch, transmission and distribution as regulated natural monopolies with non-discriminatory third-party access to the...
Persistent link: https://www.econbiz.de/10012444056
The impressive emergence of China’s economy is set to lose some momentum as the country catches up with more advanced … economies and its rapid ageing also weighs on it. However, China can still reap the “reform dividend”, especially with measures … can potentially bring about significant productivity gains. China has been lowering the burden on start-ups and …
Persistent link: https://www.econbiz.de/10013278668
After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004. For the four countries that are members of the OECD (Czech Republic, Hungary, Poland and Slovak Republic), accession follows multiyear efforts of economic stabilisation and...
Persistent link: https://www.econbiz.de/10012446298
After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004. For the four countries that are members of the OECD (Czech Republic, Hungary, Poland and Slovak Republic), accession follows multiyear efforts of economic stabilisation and...
Persistent link: https://www.econbiz.de/10005045850
This paper surveys recent advances in empirical studies of the monetary transmission mechanism (MTM), with special attention to Central and Eastern Europe (CEE). Our results indicate that the strength of the exchange rate pass-through substantially declined over time mainly due to a fall in...
Persistent link: https://www.econbiz.de/10012444155