conditions, external factors, and reform strategies. 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 … policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the …

This paper deals with the reform to labor market regulation implemented by Chile during the last twenty years. We … concentrate on the reform to job security, on the decentralization of the wage bargaining process, and on the reduction in payroll … taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European …

continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …

dynamics. Following a reform that triggers efficient reallocation of resources, our model economy with financial frictions …

associated with the economic reforms in China is estimated applying a curvilinear logistic function, where the speed and the …

This paper studies the value of external commitment to policy reforms in the case of WTO/GATT accessions. The … accessions often entail reforms that go beyond narrowly defined trade liberalization, and have to overcome fierce resistance in …

This paper investigates whether or not the adoption of the Euro has facilitated the introduction of structural reforms … theoretical arguments that may link the adoption of the Euro and structural reforms, we investigate the empirical evidence. We … find that the adoption of the Euro has been associated with an acceleration of the pace of structural reforms in the …

sequencing of reform. I also investigate the role played by current account and fiscal imbalances, contagion, international …