Integration into the production and marketing arrangements of multinational corporations may offer many benefits to transition economies that, after a long period of isolation, have liberalized trade and investment. The fragmentation of production offers a unique opportunity for producers in...

Estimates of income inequality and the dynamics of poverty are highly sensitive to measurement error and transitory shocks in micro-level data. The apparent high levels of economic mobility in Poland and Russia are driven largely by transitory shocks and noisy data. There is a real risk of an...

August 1995 - Applying mechanically active OECD labor policies in Hungary, Poland, and Russia makes no sense because the economies are so different. Which labor policies are realistic there? Training able workers in scarce, needed skills; easing credit for (and thereby encouraging) the...