The main objective of this paper is to apply a simple linear regression analysis to answer the question of whether international country ranking can be reasonably considered as a new autonomous factor of the development of European transitional economies. Do they represent a recipe for faster...

This paper attempts to extend the range of countries covered by the IMF`s multilateral real exchange rate indexes based on relative unit labor costs (REER-ULCs) in manufacturing. A data set was assembled that permits calculation of REER-ULCs for 23 newly industrialized, developing, and...

This paper attempts to extend the range of countries covered by the IMF’s multilateral real exchange rate indexes based on relative unit labor costs (REER-ULCs) in manufacturing. A data set was assembled that permits calculation of REER-ULCs for 23 newly industrialized, developing, and...