This paper analyzes the importance of developing market-enhancing institutions for restoring economic growth in … transition economies during 1991–98. The paper’s main finding is that the development of an institutional framework has indeed a …-based economic reforms remain the key determinants of growth in transition economies …

This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition …

This paper makes use of the IMF’s Database for Monitoring Fund Arrangements (MONA) to investigate whether transition … the transition countries …

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

hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that … assessing the relative importance of structural reforms vs. corruption in explaining macroeconomic performance in the transition …

This paper analyzes the determinants of growth in 25 transition economies during 1990–97. The paper’s main finding is …

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It … main conclusions arises. First, higher unemployment benefits increase steady-state unemployment, and, during the transition … consistent with existing evidence on the dynamics of unemployment and real wages in transition economies …

The transition from plan to market has hinged on the development of a dynamic private sector that would serve as the … transition. The paper also shows how policies designed to encourage skill acquisition by workers have a positive impact on the …

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