Showing 1 - 10 of 137
inequality and British heritage add to predictive power, but that economic development and other factors add little. The results … implications for reform programs in transition economies. …
Persistent link: https://www.econbiz.de/10005652615
China's reform worked and produced one of the most impressive growth in the largest developing and transition economy … developing and transition economy that has great growth potential, it is not enough to study the conventional "best … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China's reform is a serial …
Persistent link: https://www.econbiz.de/10005207885
Transition has entailed the introduction of policies to stimulate product market competition, to establish effective … EBRD-World Bank Enterprise survey of over 3,000 firms in 25 transition countries to test for interaction effects between …
Persistent link: https://www.econbiz.de/10005207902
economic transformation and rapid economic growth. We focus on the Polish experience of transition and explore self …
Persistent link: https://www.econbiz.de/10005784679
euro area. We highlight potential pitfalls in the literature and assess the relative importance, and potential development …
Persistent link: https://www.econbiz.de/10005652511
the greatly blocked transition. The key sign of the post-socialist transformation has been the formation of a new …
Persistent link: https://www.econbiz.de/10005652646
In this paper we address the two following questions: (1) what are the major sources of real exchange rate fluctuations in developing countries? (2) do economic policy makers have room to face possible real exchange rate fluctuations? To answer these questions, we estimate a structural VAR model...
Persistent link: https://www.econbiz.de/10005652684
reach 10 percent early on and remain at this high level. These estimates are larger than for other transition economies, but …
Persistent link: https://www.econbiz.de/10005489922
The paper explores the possibilities to measure the institutional change in the monetary field. A political economy theoretical framework is built up, where the change of the monetary regime is analyzed as the outcome of the debtors - creditors interactions. In this perspective, the value of...
Persistent link: https://www.econbiz.de/10005652519
Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … evolution of the financing regimes. The e?ectiveness of R&D selection mechanisms depends on the institutions and the development …
Persistent link: https://www.econbiz.de/10005677512