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This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and …, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the … discovery of a trade-off between equality and efficiency at the scale of alternative economic systems. -- Capitalism ; Communism …
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This paper reviews the environmental record of the transition countries of Eastern Europe and Central Asia since the fall of the Berlin Wall, with a focus on areas of key concern to public policy at the present time. With the impacts of environment on public health being given the highest...
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The Central and Eastern European countries significantly reduced their carbon dioxide (CO2) emissions between 1995 and 2003. Was this emission reduction just the fortuitous result of the major economic transformation undergone by countries in the transition? Or is it rather a result of more...
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This study empirically investigates the short- to medium-term effects of fiscal policy on output and other macroeconomic variables in European Union countries between 1995 and 2012, with particular reference to transition countries. It applies Panel Vector Auto Regression with recursive...
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