A major policy goal of low-income countries is to promote the creation of competitive economic capacities in order to achieve sustained growth and raise the material well being of the population. Economic growth is, however, associated with increasing environmental pressures, and the question is...

The paper analyses the determinants of long-term economic performance of east European and CIS economies in two periods: 1960-1989 (the era of central planning) and 1990-2005 (the transition to the market economy system). Throughout the 1960s and 1970s economic growth in eastern Europe...

This paper provides a comparative analysis of macroeconomic trends in the transition economies over the 1992-2003 period. It also describes some differences between the transition economies and emerging markets more generally. Good governance and appropriate institutions are found to be...

This paper discusses the coming enlargement of the European Union and the economic consequences for both the EU member states, the new EU members and the economies that will border the new enlarged EU.

This paper argues that the challenges posed by resource dependence, which include an increased vulnerability to external shocks, the risk of Dutch disease and the risk of development specific institutional pathologies, can be overcome, or at least very substaintially mitigated, if accompanied by...

This paper argues that the most important question regarding the efficacy of development assistance is not how much but rather for what. Economic integration and subsidiarity provides the conditions necessary for ODA to produce higher rates of economic growth on a sustained basis.

A discussion of the role that the United Nations Economic Commission for Europe can play in helping to integrate the countries of South-Eastern Europe into the wider European economy as well as the global economy. Central to this discussion is how the UNECE can increase its institutional...

The Pan-European Region made significant progress from 1995 to 2007 in improving the economic, social, environmental and health indicators incorporated into the Millennium Development Goals (MDGs). However, given the huge set-backs associated with the transition recession in the early 1990s and...

The EU transfers provided to the New Member States and candidate countries are generally viewed as having been efficiently used in promoting development in these economies. This paper examines the conditionality and institutional arrangements used to manage these transfers, and asks if there are...

This paper discusses the policy options that resource-rich economies need to implement in order to promote capital formation and sustainable development.