"The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of privatization to domestic owners are less impressive and...

"Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment, and international transactions. However, large differences exist across transition economies with respect to services intensity and services...

"Drawing on the recent literature on economic institutions and the origins of economic development, the authors offer a political economy explanation of why institution building has varied so much across transition economies. They identify dependence on natural resources and the historical...

"Paci, Sasin, and Verbeek attempt to analyze the linkages between macroeconomic policies and economic growth variables, their movement over time, and their impact on poverty in the case of Poland. Poland, a middle-income country, is of particular interest because its data sources allow for a...

Removing regulatory obstacles that create barriers to business is a major objective for economic policymakers. There is broad understanding among policymakers and development practitioners that microeconomic reforms aimed at strengthening property rights, unleashing competition, and reducing the...

As Russia continues to make rapid general progress in building modem market institutions, the complex spatial dimension of transformation in the country will continue to present strong policy challenges for many years to come. In fact, these challenges are arguably becoming progressively...

This Note examines the potential of the mining sector to be a source of growth for the Afghanistan economy. In order to address this fundamental and strategic issue, this Note will ask and provide answers to three principal questions. First, what is the potential in Afghanistan for large and...

While Albania 's performance has been impressive, there are concerns about the sustainability of high rates of economic growth in the future. The evidence from the growth accounting exercise indicates that total factor productivity growth from post-transition reallocation is gradually coming to...

Serbia needs to transition to a greener growth model for internal and external reasons. Internally, Serbia's economy is still characterized by low energy and resource productivity, with significant impacts on health and the environment. As a candidate country for EU membership, Serbia also needs...