Since the start of the economic transformation in 1978, China has been growing at spectacular level. Given the size and growth of its economy, China is in a position to substantially influence world commodity prices and prices for various consumption goods. This report summarises insights from a...

The Republic of Moldova short-lived recovery (by G. Hunya, pp. 1-9) Keywords Moldova, economic policy, economic transition Countries covered Moldova Topics Macroeconomic Analysis, Forecasts and Policy Patterns of international trade diversification in the transition economies (by M. Landesmann,...

This paper explores the nature of the influence that business groups exert in shaping performance outcomes in emerging economies. Set in India, this study used a longitudinal research design to assess the independent and collective performance impact of group affiliation and diversification both...

We examine the extent to which workers in transition and developed market economies are able to obtain wages that fully reflect their skills and labor force characteristics. We find that workers in two transition economies, the Czech Republic and Poland, are able to better attain the maximum...

The purpose of this study is to describe the separate stages of the transformation in light of the basic accompanying fiscal difficulties and to formulate general conclusions regarding the factors which substantially affect the state of public finances and the quality of fiscal policy in...

The present study presents the context of the enterprises and banks financial restructuring programme in Poland and its implementation in PBG S.A. The strategy of "bad debt" restructuring shown in this study stems from the macroeconomic climate in Poland at the beginning of the 1990s, existing...

Enterprises in post-communist economies have been subject to a wide range of shocks as the old economic order has been swept away. It has been claimed that among the most important of these shocks have been: elimination of soft budget constraints, foreign trade shocks, and over-devaluation. The...

At the point of introducing economic reforms in 1990 aimed at the transformation from a centrally planned to a market economy, Polish agriculture was in a different situation than other branches of the national economy. The paper provides an analyses of the economic transition experienced by the...

The authors of this paper try to analyze the similarities and differences in the starting conditions, adopted policies, and achieved results of the above three countries. The first part of the paper will be devoted to the initial conditions: the economic heritage of the FSU (especially of the...