This paper examines the effect of banking on economic growth in modern Russia. To overcome simultaneity and selection … uncorrelated with 15 predictors of future growth, including pre-banking income, education, anti-market sentiment, institutional …. Additional results indicate that spetsbanks increased growth in regions in which they were less connected to government and were …

This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian … be converging among themselves, while growth experiences among other regions have been highly heterogeneous. …

This paper provides evidence on the relationship between finance and high growth in China. Employing data for 27 … economic growth. We argue that banks have had a larger impact than non-banks on local economic growth as they benefited earlier …

This paper discusses growth differentials of Chinese provinces geared to agricultural activities and those focusing on … industrial production over three decades of economic reform. Following trade theory and endogenous growth theory, we suggest that …

specifically in the context of the successes in Poland, the Czech Republic, and Hungary. The author notes a substantial difference … new private sector. The determinants for establishing and growth of new private firms are considered. In addition to the …

profits. Balanced growth paths, transitional dynamics and welfare costs are computed. Our results indicate that the 2000 …

This paper reviews the political economy view of economic growth in post-communist economies making the transition to …, measured in terms of economic freedom, contribute to growth. The empirical results from the cross-section of transition … economies confirm this hypothesis. The paper concludes that non-linearities are present in the growth model and that differences …

constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated … with income inequality and unemployment. Both the ex post and ex ante political constraints of public support affect … progress in economic reform, which in turn influences economic growth. The findings highlight that while economic reforms are …

Growth regressions have provided important insights into the impact of economic reforms on growth in transition … such as the importance of sequencing and reform speed. The results indicate a broad-based reform policy is good for growth … restructuring affect growth negatively. Swift reform policies allow transition countries to benefit from higher growth for a longer …

The recent financial crisis has reopened the debate on the impact of informal and formal finance on firm growth in … developing countries. Using unique survey data, we find that informal finance is associated with higher sales growth for small … firms and lower sales growth for large firms. We identify a complementary effect between informal and formal finance for the …