Article is devoted to a problem of market transformation of Belarusian economy and developing its national economic model. The author has studied political and economic reasons of the current economic policy and tried to answer the question, why Belarusian authorities wished to conserve existing...

The study deals with analysis of economic reforms in South-Eastern Asia affected by financial crisis in 1990s. Authors have stressed, that it was a result of internal and external influences, which caused not only the fatal destabilization of main economic fundaments of affected countries and...

This paper examines whether a country’s economic reforms are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are...

The purpose of this study is to investigate the impact of economic reforms on poverty levels in India during the period 1975 - 2006. We construct a comprehensive measure of economic reforms index made up of seven subcomponents and percentage of population living below poverty line is used as...

This paper will review the development process of China\\\'s government bond market, analyze the current situation and problems as well as the status of economic reform in China and for And make policy recommendations on the development of the government bond market in China from a strategic...

A recent wave of economic research has studied the transformation of China from a poor country in the 1970s to a middle-income economy today. Based on this literature, we discuss the factors driving China’s development process. We provide a historical account of China’s rise, fall, and...

The paper discusses the progress of Indian economy and its policies since the broad-based structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial crisis. The paper is structured into two parts: first part discusses the major economic and...

This paper derives and uses a variant of the gravity model to assess the market implications of the COMESA’s accession to the Free Trade Area. The results show that the traditional explanatory variables of the gravity model are the significant determinants of trade flows in the COMESA region,...

Reduction of transaction costs associated with government regulation of the economy is often treated as one of the factors stimulating economic growth. Over the last few years the post-Soviet countries have been testing significantly different options of reducing transaction costs generated by...