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German Unification: Economic Problems and Consequences

Neumann, Manfred J.M. - C.E.P.R. Discussion Papers - 1991

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

Financial Reform in Eastern Europe: Progress With the Wrong Model

Corbett, Jennifer; Mayer, Colin - C.E.P.R. Discussion Papers - 1991

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

Labour Supply in the Informal Economy in Russia during Transition

Kolev, Alexandre - C.E.P.R. Discussion Papers - 1998

This paper investigates the informal labour market in Russia in late 1995 and estimates a labour supply function in the …

Persistent link: https://www.econbiz.de/10005662130

Russian Enterprises in Transition

Cohen, Daniel; de Boissieu, Christian; de Pontbriand, Gaël - C.E.P.R. Discussion Papers - 1995

The paper examines the behaviour of 100 firms interviewed regularly between 1993-4. It reaches the following conclusions:1) Following the inter-enterprise debt (IED) crisis of 1992, most firms have switched to a `pay-in-advance' system, which pushed firms towards a `hard budget constraint'...

Persistent link: https://www.econbiz.de/10005662263

Reassessing the Standard of Living in the Soviet Union: An Analysis Using Archival and Anthropometric Data

Brainerd, Elizabeth - C.E.P.R. Discussion Papers - 2006

Both Western and Soviet estimates of GNP growth in the USSR indicate that GNP per capita grew in every decade - sometimes rapidly - from 1928 to 1985. While this measure suggests that the standard of living improved in the USSR throughout this period, it is unclear whether this economic growth...

Persistent link: https://www.econbiz.de/10005666434

Distance to the Efficiency Frontier and FDI Spillovers

Sabirianova Peter, Klara; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2004

and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the … from 1995-97 to 1998-2000. The distance to the frontier is, however, orders of magnitude greater in Russia than in the … Republic, however, this ‘negative spillover’ effect is diminished over time, whereas in Russia it continues to cause domestic …

Persistent link: https://www.econbiz.de/10005791421

Federal Tax Arrears in Russia: Liquidity Problems, Federal Redistribution or Russian Resistance?

Ponomareva, Maria; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2004

Three hypotheses about the nature of federal tax arrears in Russia in the second half of the 1990s are tested …

Persistent link: https://www.econbiz.de/10005791588

The Transition in Russia: Successes (Privatization, Low Unemployment...) and Failures (Mafias, Liquidity Constraints...). A Theoretical Analysis

Cohen, Daniel - C.E.P.R. Discussion Papers - 1995

The paper analyses the transition in Russia through a theoretical model in which job-to-job mobility plays a crucial …

Persistent link: https://www.econbiz.de/10005792166

Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?

Sabirianova Peter, Klara; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2005

advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …

Persistent link: https://www.econbiz.de/10005792168

The Role of Government Aid to Firms during the Transition to a Market Economy: Russia 1992-94

Melitz, Jacques; Waysand, Claire - C.E.P.R. Discussion Papers - 1994

Russia in 1992 and 1993. …

Persistent link: https://www.econbiz.de/10005792239