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. The report starts with the hypothesis that Russia's economy is still "in transition," with further scope to boost growth … powerful determinant of Russia's medium-term growth and long-term prospects. There are other contributors to growth, most … notably, the role that high hydrocarbon prices have played in Russia's rapid recovery from the 1998 crisis. In order to …
Persistent link: https://www.econbiz.de/10012553462
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performance from the perspectives of institutional economics and political economy …
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Globalisation is already a powerful force for poverty reduction as societies and economies around the world are becoming more integrated. Although this international integration presents considerable opportunities for developing countries, it also contains significant risks. Associated with...
Persistent link: https://www.econbiz.de/10011479557
the cost of adjustment to market conditions for the economy as a whole. (3) Exports of unskilled labor-intensive products …
Persistent link: https://www.econbiz.de/10010522197
"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...
Persistent link: https://www.econbiz.de/10010522537
"Loayza and Soto present policy and outcome-based ways of measuring the progress of market-oriented reforms in both traditional areas of first-generation reform and the areas of institutional reform that have been emphasized lately. These policy areas are the domestic financial system,...
Persistent link: https://www.econbiz.de/10010522963
In January 1999, Poland launched a new pension system that was the result of 5-6 years of broad outreach campaigns and complex negotiations within the government and between the government and key stakeholder groups. A number of compromises were made to broaden support for the reform; these...
Persistent link: https://www.econbiz.de/10012556412