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How did post-communist transformations affect people's perceptions of their economic and political systems? We model a pseudo-panel with 89 country-year clusters, based on 13 countries observed between 1991 and 2004, to identify the macro and institutional drivers of the public opinion. Our main...
Persistent link: https://www.econbiz.de/10011737127
. -- political economy ; post-communist transition ; economic reforms ; economic performance ; support for reforms ; public opinion …
Persistent link: https://www.econbiz.de/10009311013
Despite strong growth performance in transition economies in the last decade, residents of transition countries report … explanations of this phenomenon. First, we document that the disparity in life satisfaction between residents of transition and non-transition … macroeconomic volatility, and a mismatch of human capital of residents educated before transition which disproportionately affected …
Persistent link: https://www.econbiz.de/10012709180
Our main interest is the impact of the choice of the speed of economic reform on economic growth. We estimate a system of 3 equations where economic growth, economic reform and FDI are jointly determined. We find that new reforms affect economic growth negatively but attract FDI, whereas the...
Persistent link: https://www.econbiz.de/10014066951
Since 1990, countries in emerging Europe and Central Asia have undergone comprehensive economic transformation. These reforms helped achieve an impressive degree of income convergence toward the levels of the advanced economies, although at the cost of rising inequality and lower life...
Persistent link: https://www.econbiz.de/10011741685
This paper provides the quantitative estimate of the potential growth bonus for CIS countries, and in particular EU's Easter Neighbours, that can be a result of deeper institutional harmonisation with the EU. Econometric investigation involving instrumental variable, simultaneous equation and...
Persistent link: https://www.econbiz.de/10011430828
Since the beginning of transition in 1990 from a centrally planned to a market oriented economy, the performance of … performance but the radical (“big bang”) reforms at the beginning of transition in conjunction with persistent efforts during the …
Persistent link: https://www.econbiz.de/10009525223
gap are likely to gain the most. -- institutions ; reform ; growth ; transition ; integration ; neighbourhood ; dynamic …
Persistent link: https://www.econbiz.de/10003848673
This paper revisits the relation between democracy, liberalization, and prosperity in transition countries, using a … surprisingly small coefficients. -- Transition Economics ; Public Choice ; Democracy ; Growth …
Persistent link: https://www.econbiz.de/10009374795
transition countries. It employs a new set of the institutional variables published by the World Bank against the commonly used … transition index of the European Bank for Reconstruction and Development. Also, the paper tests the validity of some arguments …
Persistent link: https://www.econbiz.de/10011524879