Showing 1 - 10 of 26
Although the development of a new private sector is generally considered crucial to economic transition, there has been …
Persistent link: https://www.econbiz.de/10005518452
Why have economic reforms aimed at reducing the role of the state been successful in some cases but not others? Are reform failures the consequence of leviathan states that hinder private economic activity, or of weak states unable to implement policies effectively and provide a supportive...
Persistent link: https://www.econbiz.de/10005187394
Assessing investment activity is a key to understanding the present Russian economy; the Russian official national accounts, however, do not give very much information on it because of their large statistical discrepancies. Using a matrix balancing method, we construct an aggregated Social...
Persistent link: https://www.econbiz.de/10005187377
We use firm-level survey data from over 20,000 firms in about 60 countries to identify constraints on the growth of firms. We develop a Lagrangian approach and measure the cost of different constraints by using managers' answers to survey questions on what aspects of their external environment...
Persistent link: https://www.econbiz.de/10005187380
In the context of Romania's macroeconomic and agricultural transformation, this paper analyses the current extent of the depth of rural finance and discusses the implications for the future development of rural financial markets in Romania. The overall agricultural support system is reviewed...
Persistent link: https://www.econbiz.de/10005292576
This paper reviews recent developments and progress in the restructuring of the Russian economy. Great emphasis is placed on industrial policy and creating the necessary legal and regulatory framework to enable the development of new enterprises, markets and the restructuring of existing...
Persistent link: https://www.econbiz.de/10005292577
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. We exploit the key longitudinal feature of our data to measure and control for pre-privatization...
Persistent link: https://www.econbiz.de/10005292578
Politically, the eight Southeast European countries have been less stable than those countries in Central Europe and the Baltics which are on track for EU Accession in 2004. The former countries have achieved generally poorer economic performance since 1990, and their economic reforms have also...
Persistent link: https://www.econbiz.de/10005292584
process of convergence of transition countries with developed market economies. The primary focus of the study is on … by restructuring; we are able to do this because the BEEPS cover thousands of firms from virtually all transition … of natural benchmarks. We find substantial evidence of convergence of transition countries with developed market …
Persistent link: https://www.econbiz.de/10005518433
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This paper studies the consequences of enterprise privatization and liberalization of product markets, labour markets, and imports in the former Soviet Republics of Russia and Ukraine....
Persistent link: https://www.econbiz.de/10005518435