Showing 1 - 10 of 12
Economic unification forced an unprecedented adjustment crisis on the East German economy. The revolutionary shock of the transformation of the economic order was reinforced by a real appreciation shock exceeding 50%, due to the immediate introduction of the Deutschmark. This paper examines in...
Persistent link: https://www.econbiz.de/10005791728
Eastern Europe is engaged in a massive programme of financial reform. This paper argues that while this programme has many desirable features, it has failed to address some of the most basic issues. These concern the relationship between the financial system and the enterprise sector, and the...
Persistent link: https://www.econbiz.de/10005791741
Persistent link: https://www.econbiz.de/10010523352
The gains from the transition in post-communist Russia were captured by the new managerial class, which won rents from … industrial restructuring. With neither pension reform nor industrial restructuring, Russia's economy has continued to shrink … pays little to pensioners (as in Russia).The authors apply this model to Russia for the period 1992-96. An empirical …
Persistent link: https://www.econbiz.de/10010524335
Persistent link: https://www.econbiz.de/10010525988
measures undertaken in recent years to promote growth in the nonoil and gas sector. Russia's export base has narrowed … various dimensions of Russia's trade performance, including export diversification, sophistication, and survival. A detailed …. Section four analyzes the competition environment in Russia, by presenting analyses of price-cost margins, state ownership …
Persistent link: https://www.econbiz.de/10012560024
Russia has seen even higher oil windfall in the past few months, which translates into likely fiscal surpluses this … export diversification in Russia, and food and energy inflation in Europe and Central Asia region. In the first, results show … Russia and other countries in Europe and Central Asia are contributing significantly to consumer price inflation …
Persistent link: https://www.econbiz.de/10012247595
from Russian authorities, the World Bank conducted a diagnostic review to help Russia design an effective consumer … in Volume I, and analyzes the existing rules and practices in Russia, in comparison with international good practices …
Persistent link: https://www.econbiz.de/10012248124
Russia's exports became further dominated by petroleum and natural gas over the last decade. The sector experienced … double-digit annual export growth in the last decade and represented almost 65 percent of Russia's exports value in 2009 a … in Russia's trade performance. Moreover, Russia's revealed comparative advantage seems concentrated in the 'periphery' of …
Persistent link: https://www.econbiz.de/10012557623
This paper analyses the ownership structure emerging from the Russian privatization process, using information from a sample survey of 439 state and privately-owned manufacturing companies conducted in July 1994, just after the voucher programme was completed. The Russian ownership structure...
Persistent link: https://www.econbiz.de/10005136416