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In this paper we explore relationships between corruption perceptions and such characteristics as the size of shadow … countries. It is shown that irrespective of whether the economy is developed or transitional, negative dependence of corruption … the shadow economy passes 45%, the Transparency International Corruption Perceptions Index ceases to respond to growth of …
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Large imbalances between the supply and demand for skills in transition economies are driven by rapid economic restructuring, misalignment of the education system with labor market needs, and underdeveloped adult education and training systems. The costs of mismatches can be large and...
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In this paper, we investigate the Harrod-Balassa-Samuelson (HBS) hypothesis in 11 Central and Eastern European transition countries. Unlike previous research, we test the HBS hypothesis with NACE 6 quarterly data which enables us to divide data into tradable and nontradable sectors without...
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