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Sustaining Rapid Growth in Poland : What is the Primary Concern?
Chang, Gene H - 1998
Poland. While most economists still concentrate on macroeconomic problems of restructuring, infation and current account … weakness in domestic savings. Empirical evidence reveals that the current savings rate of Poland is weaker than that of fast … growing economies. An econometric test further finds that rapid growth in Poland does not automatically promote savings …
Persistent link: https://www.econbiz.de/10014060377
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How I learned to stop worrying and love the crisis
Fidrmuc, Jan; Tichit, Ariane - 2012
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10009488896
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How important are institutions for growth in transition countries?
Moers, Luc - 1999
Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...
Persistent link: https://www.econbiz.de/10011300556
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Mind the Break! Accounting for Changing Patterns of Growth during Transition
Fidrmuc, Jan - 2009
We argue that econometric analyses of post-communist countries are vulnerable to structural breaks across time and/or countries. We demonstrate this by identifying structural breaks in growth regressions estimated for 25 countries over 18 years. The method we use allows identification of...
Persistent link: https://www.econbiz.de/10013155960
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Determinants of the Productivity Gap between Central East European Economies : What Role for Sectoral Structures in Transition?
Stephan, Johannes Florian - 2009
average, selected EU cohesion countries and the EU accession countries of Estonia, Poland, the Czech and Slovak Republics …
Persistent link: https://www.econbiz.de/10013156566
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The Relationship between Foreign Direct Investment and Economic Growth : Evidence from Transitional Countries
Apergis, Nicholas - 2007
This paper examines the importance of Foreign Direct Investment (FDI) on economic growth. Using a panel data set for 27 transition economies over the period 1991-2004 as well as the methodology of panel cointegration and causality tests, the empirical findings show that FDI does exhibit a...
Persistent link: https://www.econbiz.de/10012729971
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The Eurasian Growth Paradox
Åslund, Anders - 2006
In the first decade of postcommunist transition, multiple growth regressions showed that the more radical and comprehensive market economic reform was, the earlier a country returned to economic growth and the more vigorous its growth, and that Central Europe took the lead. Since 2000, however,...
Persistent link: https://www.econbiz.de/10012733351
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The Fall and Recovery of the Cuban Economy in the 1990s : Mirage or Reality?
Hernández-Catá, Ernesto - 2006
The collapse of the Cuban economy following the cessation of Soviet assistance gave way to a strong recovery in 1994-96. There are three possible explanations for this recovery: (i) that it never took place; (ii) that it reflected a surge in productivity resulting from stabilization and...
Persistent link: https://www.econbiz.de/10012782890
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Privatization and Growth : Quasi-Natural Experiment with European Economies in Transition
Kant, Chander - 2019
European ex-socialist countries' experience is exploited for two difference-in-differences analysis: effects of a) transition to a market economy, and b) accession to the European Union (EU) on oncome. Many countries adopting regime change simultaneously; and ten of them joining the EU mostly in...
Persistent link: https://www.econbiz.de/10012897602
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How I Learned to Stop Worrying and Love the Crisis
Fidrmuc, Jan - 2015
We investigate the effects of economic crises on the subsequent economic, performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic, crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10013013777