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Persistent link: https://www.econbiz.de/10011951257
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This paper examines aspects of speed and sequencing of restructuring and privatization in economies in transition. It …
Persistent link: https://www.econbiz.de/10005791380
economic transition. The big bang approach emphasizes the importance of windows of opportunity when ex ante political … reforms so as to build, at each stage of transition, constituencies for further reform. …
Persistent link: https://www.econbiz.de/10005791538
This paper analyses the political economy of transition in the Soviet Union since Perestroika. It is argued that no … necessitating an increase in the speed of economic transition, in a situation where the political conditions for further reform had … transition and stabilization delays the adoption of necessary economic measures. …
Persistent link: https://www.econbiz.de/10005656344
We present a model of large-scale economic reforms, modelled on the transition process in Eastern Europe, with …
Persistent link: https://www.econbiz.de/10005661961
Summary Despite near stagnation in the euro area and the negative impact of the Ukraine crisis, in most of the NMS economies and some of the Western Balkan countries growth prospects are viewed as positive. While the NMS economies will preserve their positive growth differential vis-à-vis the...
Persistent link: https://www.econbiz.de/10011019991
The outlook for the world economy has improved in the course of 2010 and the recovery has gained strength in the EU as well. The Central, East and Southeast European countries (CESEE) have also recovered from the crisis; the majority of them recorded positive GDP growth. On average, the recent...
Persistent link: https://www.econbiz.de/10008862167
For 2011 the wiiw central scenario envisages further improvements in the economic performance of those countries that were still stagnating or contracting in 2010 (Bulgaria, Latvia, Romania, Croatia, Macedonia and Montenegro). However, in those countries that performed reasonably well in 2010...
Persistent link: https://www.econbiz.de/10009146721
External determinants Two key factors currently affect the economic prospects of CESEE the crisis in the euro area and movements in the commodity prices. For Russia, Kazakhstan and Ukraine declining world market prices of energy carriers, steel and other basic commodities are vital. For most of...
Persistent link: https://www.econbiz.de/10010686219