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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
Our main interest is the impact of the choice of the speed of economic reform on economic growth. We estimate a system of 3 equations where economic growth, economic reform and FDI are jointly determined. We find that new reforms affect economic growth negatively but attract FDI, whereas the...
Persistent link: https://www.econbiz.de/10005677706
manifested themselves more sharply than in the transition economies of Central and Eastern Europe. In East Germany, the … transition was especially rapid and sharp since East Germany virtually over night made the transition from the Eastern European …
Persistent link: https://www.econbiz.de/10005489904
China's reform worked and produced one 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/10005207885
economic transformation and rapid economic growth. We focus on the Polish experience of transition and explore self …
Persistent link: https://www.econbiz.de/10005784679
This paper utilizes a unique dataset on votes cast by Czech and Polish migrants in their recent national elections to investigate the impact of institutional, political and economic characteristics on migrants’ voting behavior. The political preferences of migrants are strikingly different...
Persistent link: https://www.econbiz.de/10005784736
Three hypotheses about the nature of federal tax arrears in Russia in the second half of the 1990s are tested empirically. Tax arrears can be a result of: 1) liquidity problems in firms, 2) redistribute subsidies of the federal government, or 3) regional political resistance to federal tax...
Persistent link: https://www.econbiz.de/10005791588
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