This paper analyzes the importance of developing market-enhancing institutions for restoring economic growth in …

The paper analyzes common issues emerging from the recent experience with Fund-supported programs in Hungary, Poland …

developments. But is this also the case in transition economies? Using a panel of monthly data for the Czech Republic, Hungary …

This paper examines financial market comovements across European transition economies and compares their experience to … that of their regions. Correlations in monthly indices of exchange market pressures can partly be explained by direct trade …

depth - the ratio of private credit to GDP or stock market capitalization to GDP. However, these indicators do not take into …

Would better state institutions increase tax collection, or would higher tax collection help improve state institutions …, the paper finds that tax capacity and state institutions cause and reinforce each other for a wide range of country groups …. The bi-directional causality results suggest that developing tax capacity and building state institutions need to go hand …