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Despite strong growth performance in transition economies in the last decade, residents of transition countries report … explanations of this phenomenon. First, we document that the disparity in life satisfaction between residents of transition and non-transition … macroeconomic volatility, and a mismatch of human capital of residents educated before transition which disproportionately affected …
Persistent link: https://www.econbiz.de/10005667036
China’s population is set to age fast, owing to low fertility and rising life expectancy. With ongoing migration of the younger cohorts to urban areas the increase in the old-age dependency ratio will be even more pronounced in rural than in urban areas. Very different pension arrangements...
Persistent link: https://www.econbiz.de/10008542491
Empirical evidence on the relationship between democracy and economic reforms is scarce, limited to few reforms and countries and for few years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset on reforms in the financial, capital, public, and...
Persistent link: https://www.econbiz.de/10005662186
East Germany remains unique among the transition economies. Soon after the fall of the Berlin Wall in 1989, it became … well as local capacities. Third, the Kohl government's policy towards East German transition, driven by short …
Persistent link: https://www.econbiz.de/10005124285
China’s reform worked and produced some of the most impressive growth in the largest developing and transition economy … developing and transition economy that has great growth potential, it is not enough to study the conventional ‘best … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China’s reform is a serial …
Persistent link: https://www.econbiz.de/10005136741
We argue that econometric analyses based on transition countries’ data can be vulnerable to structural breaks across …-oriented reforms. We find robust evidence that the pattern of growth in transition has changed at least two times, yielding thus three …
Persistent link: https://www.econbiz.de/10005136785
property. Economic hardships during transition increase support for revising privatization due to the perceived unfairness of … privatization, but does affect how economic hardships during transition shape these attitudes. …
Persistent link: https://www.econbiz.de/10005497879
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …
Persistent link: https://www.econbiz.de/10005504218
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10005407700
De juridische bescherming van banken en aandeelhouders beïnvloedt de omvang en kwaliteit van het financiële systeem en daarmee de economische groei. Gebrekkige (juridische) instituties in transitie-economieën kunnen de economische ontwikkeling van deze landen dan ook afremmen. Zo dragen...
Persistent link: https://www.econbiz.de/10005413152