Social Monitor 2002 reviews recent socio-economic developments in the 27 countries of Central and Eastern Europe and the Commonwealth of Independent States. It contains three articles: Social trends in transition: an update on trends in a range of topics including income and poverty, fertility,...

Central European countries highlight the importance of institutions as they are of somewhat different nature in this diverse group of countries, given their different history. Briefly, before World War II there was a market economy in place in Central Europe – as opposed to most Eastern...

Two economists of the National Bank of Hungary review fiscal developments during a decade of transition in Hungary. The paper examines the role of fiscal policy in stabilizing the economy in the face of external and reform-induced shocks, the way in which fiscal policy contributed to the...

The first half of the 1990s brought major changes to Hungary. The positive sides of the transformation in the Hungarian economy and society were accompanied by less welcome aspects - a sharp fall in GDP, double-digit unemployment and falling real incomes. How have children fared in these...

The single most likely way to leave the unemployment insurance (UI) register in Hungary is not by getting a job but by running out of benefit. This situation raises two questions. First, what are the implications of the cessation of UI for living standards? Second, does UI exhaustion have much...

After satisfactory performance of the transition countries in 2000, their growth slowed down in 2001 as the external conditions deteriorated. This tendency was checked in the second half of 2002. Industrial production and exports have generally strengthened since then - though in some countries...

This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be science-based or to use research and development intensively, in the East Central European (ECE) context. On the basis of case studies of thirteen knowledge-based firms in six...