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In this study, we employ the World Bank Enterprise Survey (WBES) data collected in 2002, 2005, and 2009 for 21,499 firms from 27 Eastern European and Central Asian countries to examine firm-level growth constraints faced by privatized firms versus those faced by the originally (de novo) private...
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This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union (FSU) and Central and Eastern Europe (CEE). We use oil production and reserves data in a series of panel estimations to show that oil has had strong and robust positive growth effects...
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This study explored the linkage between financial development, human resources, and economic growth in a group of twenty-five transition countries during the period 1995-2019. The author applied a range of estimations such as Ordinary Least Squares (OLS), fixed effects model, and two-step GMM...
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