Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My …

This paper examines the inflation targeting experience in three transition countries: the Czech Republic, Poland and …

Poland so far. We then develop a model and use it to think about the determinants of the speed of transition and the level of … unemployment. Finally, we return to the role of policy and the future in Poland, as well as the causes of cross-Central European …

This paper deals with the early stages of transformation of centrally-planned economies (CBEs) into market economies … highlights the anticipatory character of economic behavior during the early stages of the transformation process. A major focus … is given to credit markets. The CPEs undergoing transformation lack depth and breadth of financial markets. The lack of …

This paper identifies obstacles hindering the transformation of centrally-planned economies (CPEs) into well …-functioning market economies. The analysis is motivated by the recent experience with economic transformation and restructuring in …