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Corruption, Structural Reforms, and Economic Performance in the Transition Economies
Abed, George T. - 2000
Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the … hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that … provides deeper insights into economic performance than do measures of “perceived corruption.” The hypothesis is tested by …
Persistent link: https://www.econbiz.de/10014399961
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The Evolution of Output in Transition Economies : Explaining the Differences
Sahay, Ratna - 1999
What are the relative roles of macroeconomic variables, structural policies, and initial conditions in explaining the time path of output in transition and the large observed differences in output performance across transition economies? Using a sample of 26 countries, this paper follows a...
Persistent link: https://www.econbiz.de/10014400551
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Macroeconomic Conditions and Import Surcharges in Selected Transition Economies
Sorsa, Piritta - 1999
Analysis on macroeconomic determinants of protection in the Czech and Slovak Republics, Hungary, and Poland, while subject to many caveats, suggests that appreciation of the real exchange rate was the main macroeconomic determinant of trade policy reversals in the 1990s. This suggests that...
Persistent link: https://www.econbiz.de/10014401207
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Economic Transition and Health Care Reform : The Experience of Europe and Central Asia
Leive, Adam - 2010
Economic Transition and Health Care Reform: The Experience of Europe and Central Asia …
Persistent link: https://www.econbiz.de/10014402926
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Towards a System of Multilateral Unit Labor Cost-Based Competitiveness Indicators for Advanced, Developing, and Transition Countries
Turner, Anthony G. - 1997
This paper attempts to extend the range of countries covered by the IMF’s multilateral real exchange rate indexes based on relative unit labor costs (REER-ULCs) in manufacturing. A data set was assembled that permits calculation of REER-ULCs for 23 newly industrialized, developing, and...
Persistent link: https://www.econbiz.de/10014403305
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Fiscal Adjustment in Transition Countries : Evidence From the 1990's
Purfield, Catriona - 2003
In the 1990s, transition countries underwent large adjustments to address fiscal imbalances. This paper examines whether the factors identified in the literature on advanced economies, the size and composition of adjustment, are important in transition economies. It finds that larger...
Persistent link: https://www.econbiz.de/10014404013
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Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries
Crivelli, Ernesto - 2012
Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances, unless the right incentives are in place to promote...
Persistent link: https://www.econbiz.de/10014396436
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Money Demand, Bank Credit, and Economic Performance in Former Socialist Economies
Kumar, Manmohan S. - 1994
This paper examines factors determining the allocation of bank credit to the enterprise sector, and the implications of this allocation for aggregate supply and macro-economic performance, in the former socialist economies. It first develops a model to explain how changes in demand for money by...
Persistent link: https://www.econbiz.de/10014398762
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Compliance with IMF Program Indicators and Growth in Transition Economies
Unigovskaya, Anna - 2000
This paper makes use of the IMF’s Database for Monitoring Fund Arrangements (MONA) to investigate whether transition countries that more successfully implement the conditionality of IMF programs tend to show a better performance on recovery and growth. It is not possible to determine a...
Persistent link: https://www.econbiz.de/10014399903
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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