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"The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of privatization to domestic owners are less impressive and...
Persistent link: https://www.econbiz.de/10011394105
share of services in GDP, employment, and international transactions. However, large differences exist across transition … services policy reform are statistically significant explanatory variables for the post-1990 economic performance of transition …
Persistent link: https://www.econbiz.de/10010522537
Transition was never going to be easy, even with the highly promising long-run outlook. Not only was the process itself …
Persistent link: https://www.econbiz.de/10010524339
Persistent link: https://www.econbiz.de/10010525223
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political economy explanation of why institution building has varied so much across transition economies. They identify … institution building during transition by influencing the political structure and process during the initial years. Their … governments are more likely to see former communists remain in power and to start the transition process with less open political …
Persistent link: https://www.econbiz.de/10010522543
, poverty-reducing growth depends heavily on the ability of the economy to generate jobs. During the early years of transition … post-transition economic growth and poverty reduction"--World Bank web site …
Persistent link: https://www.econbiz.de/10010522869
The exchange rate regime does make a difference for inflation performance. It is difficult to infer its effect on growth, but policy variables, and other variables influencing economic activity, do have different effects on growth under different exchange-rate arrangements
Persistent link: https://www.econbiz.de/10010523992
There has been no single magic formula for the success of the East Asian transition economies (Cambodia, China, Lao … that of transition economies in Eastern Europe and the former Soviet Union. Most of the trade policy problems that remain … in these East Asian economies appear to be the problems more of development than of transition …
Persistent link: https://www.econbiz.de/10010524097
"Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as "jobless growth." The author addresses the causes of this...
Persistent link: https://www.econbiz.de/10010522167