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

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

transition economies have been increasing rapidly. This paper takes a first look at the evidence on dollarization for 15 … transition economies, and then discusses some key conceptual and policy implications. Depending on the institutional constraints …

This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions …

the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe … stabilization experiences in transition and market economies are similar in many respects. In particular, monetary accommodation and … in transition economies than in market economies …

This paper analyzes the growth and stabilization experience in 26 transition economies in eastern Europe, the former …

financial institutions. Three factors contributed to the current debt burden. First, the initial years of transition brought …. If external financial assistance, which was needed because of high social costs of the transition, had come in the form … of grants in the first two or three years of the transition, the debt burden would have been lower and sustainable …