While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery … conditions, external factors, and reform strategies. This paper summarizes the macroeconomic performance of the transition …

This paper examines alternative hypotheses concerning the determinants of success in the transition from Communism to … important in explaining the growth of the transition countries in the years since the end of the Cold War. In the mid 90s a …

determinants of household saving rates in transition economies. We find savings rates to increase strongly in relative income and … household in the transition process, notably the sector of employment, plays no significant role in determining savings rates …

We have conducted the first survey on management practices in transition countries. We found that Central Asian … transition countries, such as Uzbekistan and Kazakhstan, have on average very poor management practices. Their average scores are … below emerging countries such as Brazil, China and India. In contrast, the central European transition countries such as …