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...

Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...

This paper presents an empirical analysis of the economic growth paths in two groups of countries. The first group consists of ten Central and Eastern European (CEE) countries. The second group constitutes a benchmark and encompasses 29 emerging economies in other regions of the world. Our...