This paper reports on the situation in Russian higher education since the start of transition, and presents a case study of the finance and budgetary arrangements at the University of Tomsk in some detail. It then illustrates some aspects of the situation in Tomsk with reference to four...

This presentation will draw out lessons from the trade policy experience of transition economies during the 1990s. It will do so by examining what trade policy was actually pursued, covering liberalisation of trade in goods and services, liberalisation of the capital account and the approach...

Conclusions about poverty and the distribution of incomes are typically based on information obtained from sample surveys. However, sample surveys are subject to sampling and non-sampling errors. Statistical inference allows us to deal with sampling errors. In this paper, we demonstrate the...

The level of productivity is correlated across countries with measures of (lack of) corruption, but this appears to be due to a common association of these variables with measures of social infrastructure, here measured by a combination of governance indexes labelled "rule of law" and...

We examine the pattern and costs of worker displacement in one of the more reform- oriented transition countries, Estonia, as the transition process develops. Using Labour Force Survey data covering the period 1989-1999, we show that after the initial shock, displacement rates in Estonia have...

Property relations and financial markets are key aspects of the transition to a market economy. This paper reviews conceptual analysis and recent experience in these areas under five broad headings: (1) property rights and the legal framework; (2) privatisation; (3) the management and regulation...

Accession to the European Union is the clearest symbol of globalisation for a country in transition. The integration process does not represent purely regional values, but globalised ones as well, which are widely shared in the developed or globalising part of the world. In order to be fully...

This paper offers an analysis of payment arrears in the Russian enterprise sector, using both official aggregate data and data from a World Bank survey of 439 large and medium industrial Russian enterprises conducted in mid-1994. The focus is on trade credit arrears, tax arrears, and wage...

This paper examines Moldova’s performance in the area of Macroeconomic stabilisation since independence. Analysis of key indicators such as prices, the budget, monetary growth and output reveal that after initial problems progress has been relatively satisfactory more recently. Furthermore,...

Why have economic reforms aimed at reducing the role of the state been successful in some cases but not others? Are reform failures the consequence of leviathan states that hinder private economic activity, or of weak states unable to implement policies effectively and provide a supportive...