The paper provides an analyses of the public finance reform in Central European Countries during the economic transition. The process of reforming public finance (covering both tax and expenditure reforms) is a long lasting one with specific features in individual countries. Nevertheless, some...

Following China’s recent economic growth and healthcare reform, medical services quickly merged into the market economy. The burden of healthcare expense on the Chinese people has become a serious political issue. This research project reviews the changes in health expenditures made during the...

In this paper we try to describe the main feature of Russian civic culture that could influence the outcome of the reform, initiated in 1992, and discuss channels through which the influence was realized. We begin with consideration of paternalism and what we call “habitual deviationism”,...

Based on statistics provided by the Ministry of Finance and Central Statistical Office, the paper provides an analyses of the economic transition experienced by Poland paying particular attention to the fiscal policy.

The paper analyses the 20-year experience with transition in the SEE countries in a comparative framework, illustrating how these countries encountered difficulties in its implementation, despite having some of the best starting conditions in 1989 to impl

This article examines the influence of educational attainment and enrolment on second births in Estonia, comparing the patterns before and after the onset of the societal transformation of the 1990s. While many Northern and Western European countries have shown a positive relationship between...

In the end of 1991 dissociation of the Soviet Union and formation of new independent states out of its former republics took place. As an independent state, Russia exists since 1992. This event defined the period under consideration in our study: 1991-1994. Only starting from 1992 the Russian...

This paper argues that traditional explanations of the fiscal crisis in transition economies overlook the crucial interconnection between the reduction in subsidies expenditure and the decrease in profit tax revenues. It thus contends that the impact on the fiscal budget of the crisis of...

A key stylized fact about transition economies is that the returns to schooling rise as economic reform progresses. Existing research suggests that Vietnam is an exception to this pattern, with a decrease in males’ return from 1992 to 1998, and little increase in the return to females’...

China began its economic reforms in 1979 and Vietnam followed in 1986. Since then both countries have experienced rapid economic growth, falling poverty rates and significant rises in per capita income. At the same time, substantial restructuring of their economies has occurred, a feature of...