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Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994–2004, quality and technology upgrading associated with the...
Persistent link: https://www.econbiz.de/10014404829
The paper examines labor market developments in the four hard-peg European Union (EU) accession candidates during transition, with a view toward understanding the persistent high unemployment experienced in each country. Despite the significant levels of unemployment in all four countries, labor...
Persistent link: https://www.econbiz.de/10014402526
Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success … particular could be problematic. The exception is Estonia, where there are good arguments for retaining the currency board …
Persistent link: https://www.econbiz.de/10014402016
The easing of controls on interest rates has led to higher interest rate volatility in India. Hence, there is a need to … assess the interest rate risk carried by a sample of Indian banks in March 2002. We find evidence of substantial exposure to …
Persistent link: https://www.econbiz.de/10014404135
time-varying risk. Some work by Abel provided us with the insights needed to produce such formulas. This paper gives a …
Persistent link: https://www.econbiz.de/10014396175
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014403578
Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be …
Persistent link: https://www.econbiz.de/10014403652
In Lithuania, the case for complementing the on going fiscal adjustment with revenue measures is strong. In addition to …. International and empirical evidence suggest important scope for revenue-enhancing tax reforms in Lithuania. Lithuania is in a …
Persistent link: https://www.econbiz.de/10014403720
Lithuania achieved significant progress in macroeconomic stabilization and structural reforms, under the previous Stand …
Persistent link: https://www.econbiz.de/10014397280
This paper reviews economic developments in Lithuania during 1993–96. Economic growth resumed in 1994 and gained …
Persistent link: https://www.econbiz.de/10014397560