country. In many transition economies TFP is seen to have been negative the last decade of the plan economy and starts … increasing and become positive after a (quite a) few years of transition. Many authors conclude that this is a gain in efficiency …

In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the widely held view that one … of the positive legacies of the economies in transition (particularly that of Bulgaria) is the high level of human … human capital and economic growth in Bulgaria for the years of socialism and the transition. The purpose of the thesis is to …

This paper analyses the accuracy of GDP growth forecasts prepared by the EBRD for 25 transition countries between 1994 … and 2004. It provides the first comprehensive statistical analysis of output growth forecasts for transition countries in …. In addition, it shows that forecast accuracy has improved with progress in transition as well as with the expansion in …

This paper analyses the statistical properties of annual inflation forecasts prepared by the EBRD for 25 transition … monthly data, decline in price volatility over time, general progress in transition reforms, and exchange rate developments …

-income consumers in transition countries. While the available data is incomplete, the paper finds that affordability is a problem for …

structures in transition. We find especially government expenditures on subsidies to be negatively correlated with both … in the late 1990's and early 2000's the European integration process allowed several of the transition economies to aim …

stocks at the beginning of transition to market economy? What happened to human capital formation during the transition? We … both communism and transition. Finally, we identify key policy and political measures which have affected human capital … transition was characterized by poor levels of human capital due to an educational crisis in the last decade of communism (then …

-type industrialization. This decentralized industrialization is shown to be the ultimate driving force of the transition from plan to market …

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 …