One of the most amazing 'events' of the last 15 plus years has been the complete transformation of the countries of Central and Eastern Europe and the former Soviet Union, their transition from communist rule and central planning to various forms of market-type economy. Ten of the countries have...

Since the collapse of the Soviet Union in 1991, the successor states have all been moving - albeit at different speeds and in different ways - towards some form of market-type economy. The transition process has been accompanied by major disruption of much existing production, and by large...

There are diverse ideas about governance around the world, and this paper studies them through the following questions: (a) what does the available evidence tell us about the political and institutional requirements for sustained economic growth? (b) What do we need from the state to secure...

The paper starts by outlining some basic definitions and conceptions of restructuring, noting that in transition economies the needed scale of restructuring is substantial, with the result that unemployment, and the associated social costs, can turn out to be very high unless the process of...

This analysis of the determinants of private farmer access to rural finance in Romania has two distinct aspects: (i) a quantitative evaluation of some measurable variables for example factors affecting the amount of loans and the volume of savings; and (ii) a qualitative aspect, concentrating on...