This paper examines the evolution of capacity utilization for Kazakhstani enterprises over a seven year period. Three main theoretical propositions are tested through panel data regressions. The results show that the Russian financial crisis (August 1998) has substantially reduced capacity...

This report studies impediments to investment and private sector development in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the former Yugoslav Republic of Macedonia, Moldova, Romania, and Serbia and Montenegro. It aims to yield fundamentally new insights for improving the region's...