Showing 1 - 10 of 21
In the context of Romania's macroeconomic and agricultural transformation, this paper analyses the current extent of the depth of rural finance and discusses the implications for the future development of rural financial markets in Romania. The overall agricultural support system is reviewed...
Persistent link: https://www.econbiz.de/10005292576
This paper reviews recent developments and progress in the restructuring of the Russian economy. Great emphasis is placed on industrial policy and creating the necessary legal and regulatory framework to enable the development of new enterprises, markets and the restructuring of existing...
Persistent link: https://www.econbiz.de/10005292577
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. We exploit the key longitudinal feature of our data to measure and control for pre-privatization...
Persistent link: https://www.econbiz.de/10005292578
Politically, the eight Southeast European countries have been less stable than those countries in Central Europe and the Baltics which are on track for EU Accession in 2004. The former countries have achieved generally poorer economic performance since 1990, and their economic reforms have also...
Persistent link: https://www.econbiz.de/10005292584
transition. Our findings indicate that remuneration is not predetermined by formal rules and a stable institutionalized structure …
Persistent link: https://www.econbiz.de/10005157523
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, faster reform is associated with larger contributions from reallocation, but … later, and on average over the whole transition, this relationship is reversed. Though reallocation rates are larger in …
Persistent link: https://www.econbiz.de/10005187373
This paper reports on the situation in Russian higher education since the start of transition, and presents a case …
Persistent link: https://www.econbiz.de/10005187385
The level of productivity is correlated across countries with measures of (lack of) corruption, but this appears to be due to a common association of these variables with measures of social infrastructure, here measured by a combination of governance indexes labelled "rule of law" and...
Persistent link: https://www.econbiz.de/10005187388
This paper analyses the November 2000 liquidity crisis that brought Argentina near default on its foreign debt. The main purpose of this paper is to assess whether this crisis may be taken as a warning signal for Estonia, given the similar exchange-rate system shared by the two countries. It...
Persistent link: https://www.econbiz.de/10005187395
Diversification, especially in the context of small, highly trade-dependent economies, has recently become quite a fashionable topic, and something that increasingly commonly forms part of the policy advice offered to low- and middle-income countries seeking to improve their economic conditions...
Persistent link: https://www.econbiz.de/10005187396