Showing 1 - 10 of 11
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
-old democracy – Russia. We find strong evidence of very short opportunistic political cycles and provide evidence and explanation … why many previous attempts to find evidence failed. Using a comprehensive list of Russia's regional elections and regional …
Persistent link: https://www.econbiz.de/10005662200
This Paper uses 1985-99 manufacturing census data for old Russian enterprises to calculate the magnitude and productivity effects of gross job flow rates before and after reforms. Job creation was low throughout the period in this sector, but increased slightly during the transition, while job...
Persistent link: https://www.econbiz.de/10005666804
Both Russia and the EU are undertaking significant changes in foreign trade relations. Russia seeks WTO accession and … relationship can EU and Russia develop? The Paper analyses the asymmetric trade structure, the unstable and confused trade relation …, as well as both form and content of EU’s and Russia’s options for the future. Conclusions are e.g. that (i) present EU …
Persistent link: https://www.econbiz.de/10005667019
federal centre. The theory is supported by the recent experience of Russia, China, and Argentina. …
Persistent link: https://www.econbiz.de/10005792438
Soviet Republics of Russia and Ukraine. Exploiting annual manufacturing census data from 1985 to 2000, we find that Soviet … Russia displayed job flow behaviour quite different from market economies, with very low rates of job reallocation that bear … reforming Russia than in ‘gradualist’ Ukraine, as did the estimated effects of privatization and competitive pressures from …
Persistent link: https://www.econbiz.de/10005123720
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
A critical, but largely unexamined assumption in the debate over reform policy design, concerns the complementarity or substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that distinguishes two aspects of privatization...
Persistent link: https://www.econbiz.de/10005114270
firm performance? This Paper provides an empirical investigation of institutional subversion in Russia’s regions. We …
Persistent link: https://www.econbiz.de/10005114295