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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/10012064685
structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major … European integration process allowed most of the transition economies to aim for the best of both worlds equity and economic …
Persistent link: https://www.econbiz.de/10012099900
transition from a centrally planned economy to a market economy. In the early 1990s, the economy of Saxony-Anhalt caught up …
Persistent link: https://www.econbiz.de/10011821514
structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major … European integration process allowed most of the transition economies to aim for the best of both worlds equity and economic …
Persistent link: https://www.econbiz.de/10012311476
transition to a market economy. Our findings are generally affirmative, with an interesting pattern for the Eurasian socialist … fractionalization, which is correlated with late pre-modern development, shows harmful effects in the transition era but not under …
Persistent link: https://www.econbiz.de/10010318883
Only recently, 20 years after transition to a market system, has Russia regained a similar production level it had … achieved on the eve of transition in 1991. This may sound surprising, given its low productivity under central planning which … weakness of Russia. Given the very high 'cost of transition', the question is raised whether the socialist growth strategy (as …
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