time path of output in transition and the large observed differences in output performance across transition economies …

private sector credit to monetary base. Results from panel estimations covering 19 transition economies indicate that policy …

This paper analytically explores and empirically tests a number of hypotheses to explain the rapid growth in transition …

Between 1991 and 1999, capital flows to 25 transition economies in Europe and the former Soviet Union differed widely …

Soviet Union. In the early transition period, banking sectors began to develop during several years of macroeconomic decline … and turbulence accompanied by repeated bank crises. However, governments in many transition countries learned from these … participation of foreign banks. By the mid 2000s the banking sectors in many transition countries were dominated by foreign owners …

data from 25 transition economies. The results indicate that price liberalisation has a positive impact on fiscal … somewhat in contrast with earlier empirical work and theoretical transition economics that maintain fiscal pressures are most …

The paper analyses fiscal competition for mobile capital between identical regions in a transition country. A framework … transition when the share of the old sector is overwhelming, consumers in a transition economy may be better off in a competitive …

The relationship between financial sector and economic growth in transition countries has been largely ignored in the … unbalanced panel data from 25 transition countries during the period 1993-2000. We measure the qualitative development in the … accelerate economic growth. The main reasons behind this result could be the numerous banking crises the transition countries …

This paper discusses recent bank runs in seven transition economies (Russia, Bulgaria, Estonia, Hungary, Latvia …

Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater …