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Reforms in Eastern Europe and the Former Soviet Union in Light of the East Asian Experiences

Sachs, Jeffrey D. - 2021

During the past five years, there has been an important debate over the differing styles of market reforms in the formerly planned economies in East Asia versus Eastern Europe and the former Soviet Union (EEFSU). This paper puts forward three related propositions. First, the rapid growth of East...

Persistent link: https://www.econbiz.de/10013234355

Privatization in East European Transformation

Fischer, Stanley - 2021

Privatization of state assets is an essential step to the creation of a viable private sector in the formerly socialist economies of Eastern Europe and the Soviet Union. A standard approach to the problem has rapidly emerged. Small firms are being privatized by sale very rapidly. The strategy...

Persistent link: https://www.econbiz.de/10013247193

Foreign Trade in Eastern Europe'S Transition : Early Results

Rodrik, Dani - 2021

By the end of 1991, Czechoslovakia, Hungary and Poland have achieved a substantial degree of openness to foreign trade. In all three countries, trade is now de-monopolized and licensing and quotas playa very small role. Exchange controls have virtually disappeared for current-account...

Persistent link: https://www.econbiz.de/10013248111

Abortion as Insurance

Levine, Phillip B.; Staiger, Douglas - 2021

This paper views abortion access as an insurance policy that protects women from unwanted pregnancies. Within this framework, we present a theoretical model where greater access provides value in the form of insurance against unwanted births and also reduces the incentive to avoid pregnancy....

Persistent link: https://www.econbiz.de/10013249232

Current Account Sustainability in Transition Economies

Roubini, Nouriel; Wachtel, Paul - 2021

This paper presents an analysis of the sustainability of current account deficits in transition economies in Central and Eastern Europe. These countries have experienced large current account imbalances in the transition to a market economy. We consider a wide range of macroeconomic factors that...

Persistent link: https://www.econbiz.de/10013243626

The Transition Economies after Ten Years

Fischer, Stanley; Sahay, Ratna - 2010

While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...

Persistent link: https://www.econbiz.de/10014156715

On the Speed of Transition Central Europe

Aghion, Philippe; Blanchard, Olivier J. - 2003

standard, that of the transition from a low to a high productivity sector. But we pay attention to two aspects which strike us …

Persistent link: https://www.econbiz.de/10014089271

Does Input Quality Drive Measured Differences in Firm Productivity?

Fox, Jeremy T. - 2011

Firms in the same industry can differ in measured productivity by multiples of 3. Griliches (1957) suggests one … fixed effects. We show adding human capital variables and the wage bill decreases the ratio of the 90th to 10th productivity … quantiles from 3.27 to 2.68 across eight Danish manufacturing and service industries. The productivity dispersion decrease is …

Persistent link: https://www.econbiz.de/10013128897

Deductions from the Export Basket : Capabilities, Wealth and Trade

Sutton, John - 2011

that both are simultaneously determined by countries' capabilities i.e. by countries' productivity and quality levels for …. This suggests that the main challenge for low-income countries is to raise quality and productivity in their existing …

Persistent link: https://www.econbiz.de/10013129123

The Evolution of Comparative Advantage : Measurement and Welfare Implications

Levchenko, Andrei A. - 2011

both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew …

Persistent link: https://www.econbiz.de/10013129215