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"This paper looks at Bulgaria's industrial restructuring through the lenses of its evolving specialization in international division of labor and integration into international markets with a special emphasis on EU markets. Its major findings can be summarized as follows: (1) Developments in...
Persistent link: https://www.econbiz.de/10010522197
"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...
Persistent link: https://www.econbiz.de/10011394105
"This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...
Persistent link: https://www.econbiz.de/10011394113
unemployment. In the Commonwealth of Independent States (CIS) it has led to hidden unemployment (underemployment and low … productivity employment). Unemployment in the European transition economies is supported by the developed social safety net. In … contrast, in the CIS for most workers unemployment is not an affordable option. They either stick to their old, unproductive …
Persistent link: https://www.econbiz.de/10010522166
and rises in unemployment in a way that fosters the creation of productive jobs. The authors first document the magnitude …
Persistent link: https://www.econbiz.de/10010522174
"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
"Its highly fragmented structure of local governments and serious horizontal fiscal imbalances make Switzerland a surprisingly powerful model for Eastern European countries that are currently facing the challenge of fiscal decentralization. In spite of the substantial differences in the...
Persistent link: https://www.econbiz.de/10010522545
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