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This paper provides the quantitative estimate of the potential growth bonus for CIS countries, and in particular EU's Easter Neighbours, that can be a result of deeper institutional harmonisation with the EU. Econometric investigation involving instrumental variable, simultaneous equation and...
Persistent link: https://www.econbiz.de/10008633062
This paper discusses the global financial crisis of 2008/9 in thirteen countries, the ten new EU members that previously were communist and the three countries of Western former Soviet Union. Their problems were excessive current account deficits and private foreign debt, currency mismatches,...
Persistent link: https://www.econbiz.de/10008633097
of transition and to the economic regeneration and growth of former socialist countries. The paper identifies the … differences between the systems of corporate governance existing in various transition countries. It aims at comparing the legal … framework for corporate governance in selected transition economies in order to highlight the progress made so far as well as …
Persistent link: https://www.econbiz.de/10008633054
The incidence of oligarchs is one of the most significant political problems after communism. An appropriate policy towards them has become a pressing issue for both Russia and Ukraine and addressing this matter will greatly influence the future economic systems of these countries. The paper...
Persistent link: https://www.econbiz.de/10008633081
There are diverse ideas about governance around the world, and this paper studies them through the following questions: (a) what does the available evidence tell us about the political and institutional requirements for sustained economic growth? (b) What do we need from the state to secure...
Persistent link: https://www.econbiz.de/10008633124
followed the first period of output decline in two transition countries – Poland and Russia. They represent two different … groups of transition countries (new EU member states vs. CIS) in terms of adopted transition strategy and accomplished … than in Poland, and recovery came later. Unlike in the leading transition countries, the role of new private firms and FDI …
Persistent link: https://www.econbiz.de/10008615470
have adopted the radical variant of transition to market economics, a group to which the majority of Central European …
Persistent link: https://www.econbiz.de/10008622214
a stimulus to implement a viable transition strategies and establishing market friendly institutions. Thus, the question … institutions supported the most effective strategy of transition in Eastern Europe and FSU?; and (ii) what kind of aid policy can … important for countries facing the double challenge of transition and development. Its most important dimension has been to …
Persistent link: https://www.econbiz.de/10008622218
The goal of this article is the presentation of the general results of the Russian economic reforms in the period from November 1991 to November 1992, with particular emphasis on macroeconomic policy and the failed attempts at fiscal stability. Such a profile of the article results from the...
Persistent link: https://www.econbiz.de/10008622220
This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be science-based or to use research and development intensively, in the East Central European (ECE) context. On the basis of case studies of thirteen knowledge-based firms in six...
Persistent link: https://www.econbiz.de/10009216305