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Do Asset Prices in Transition Countries Contain Information About Future Economic Activity?
Sløk, Torsten - 2000
, Poland, Russia, Slovakia, and Slovenia for the period 1994-1999 it is shown that historical values for interest rates …
Persistent link: https://www.econbiz.de/10014399894
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The Transition Economies After Ten Years
Fischer, Stanley - 2000
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10014399915
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Changes in the Structure of Earnings During the Polish Transition
Prasad, Eswar - 2002
This paper documents that inequality in labor earnings increased substantially during the economic transition in Poland … that even state-owned enterprises in Poland moved toward competitive wage setting during the transition. Education premia …-group inequality in Poland were very different across skill groups, with much larger increases for highly educated workers …
Persistent link: https://www.econbiz.de/10014403669
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The Role of Structural Reforms in Raising Economic Growth in Central America
Swiston, Andrew - 2011
Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been slow. Moreover, forecasts imply that these trends will continue. What can be done...
Persistent link: https://www.econbiz.de/10014397894
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Productivity Growth and Structural Reform in Bulgaria : Restarting the Convergence Engine
Pouvelle, Cyril - 2012
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural problems in its labor market, reflected in its...
Persistent link: https://www.econbiz.de/10014396587
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Stabilization and Structural Change in Russia, 1992-94
Koen, Vincent - 1995
Macroeconomic stabilization and structural reforms in Russia since 1992 have been proceeding in a rather chaotic fashion. The Russian variety of economic gradualism has seen a sharp decline in output, though less than indicated by official statistics, and relatively resilient household...
Persistent link: https://www.econbiz.de/10014398746
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Australia's linkages with China : prospects and ramifications of China's economic transition
Karam, Philippe; Muir, Dirk - 2018
China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition to a services-driven, consumer-led economy....
Persistent link: https://www.econbiz.de/10011866353
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Big Bang Versus Gradualism in Economic Reforms : An Intertemporal Analysis with An Application to China
Feltenstein, Andrew - 2001
This paper reviews briefly the controversy in the literature concerning the speed of adjustment and sequencing of reforms, and presents a model parameterized with Chinese data. The model is used to generate different policy simulations to illustrate some of the key issues in the debate on the...
Persistent link: https://www.econbiz.de/10014401153
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China : An Evolving Market Economy: A Review of Reform Experience
Kochhar, Kalpana - 1992
This paper examines China’s reform experience since 1978, reviewing major initiatives taken and assessing their impact on economic structure and their implications for macroeconomic management and stability. It identifies some of the special conditions before and during the reform process that...
Persistent link: https://www.econbiz.de/10014397706
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On the Sequencing of Reforms in Eastern Europe
Genberg, Hans - 1991
This paper discusses issues related to the sequencing of the reforms that are necessary to transform the economies in Eastern Europe into market economies. It is first argued that the transition path of these economies will be smoother and less costly if a clear statement of the ultimate goals...
Persistent link: https://www.econbiz.de/10014396271