Showing 1 - 10 of 111
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009503832
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10009488896
Persistent link: https://www.econbiz.de/10003630516
The fall of the Berlin Wall in 1989 brought the end of socialism, yet pro-socialist sentiment regained momentum surprisingly quickly across Eastern Europe. Why did voters move back to an ideology that was associated with unfree elections and lackluster economic performance? This paper points to...
Persistent link: https://www.econbiz.de/10013418954
This study concentrates on the signal approach for Kazakhstan. It focuses on the properties of individual indicators … in 2009 is signalled in advance. -- currency crises ; leading economic indicators ; signal approach ; Kazakhstan …
Persistent link: https://www.econbiz.de/10003883094
-prudential indicators. The system will be tested using a case study referring to Kazakhstan. The main novelty of the study lies in designing … economic environment of Kazakhstan and in studying the interaction of these composite indicators. An additional innovation is … data which until now have not been used much in this area of research. -- banking crisis ; leading indicators ; Kazakhstan …
Persistent link: https://www.econbiz.de/10003897420
Persistent link: https://www.econbiz.de/10003496805
We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight resource-rich countries. We find that with the presence of active mines, the business environment in the immediate vicinity (20 km) of a firm deteriorates but business constraints...
Persistent link: https://www.econbiz.de/10011565667
This paper investigates the economic returns to language skills and bilingualism. The analysis is staged in Kazakhstan …
Persistent link: https://www.econbiz.de/10010438031
When other measures for economic welfare are scarce or unreliable, the use of biological measures are now standard in economics. This study uses late 19th and early 20th century BMI, statures, and weight to assess how net nutrition accumulated to women and men during US economic development....
Persistent link: https://www.econbiz.de/10012252414