Early growth theory from the time of the Solow model focused on factors of production and their productivity, and led to econometric estimates of the sources of growth measuring just these factors. Revived interest in growth as exemplified by Barro and Sala-i-Martin (1995) attempted to inquire...

English Abstract: The first aim of this paper is to describe the main developments in the Ukrainian economy since its independence in 1991, focusing on the evolution of output, and the path of economic reforms — that is, to simply show what happened. The bottom line on that is well known:...

The transition from socialism to the market economy produced a divide between those who advocated rapid, or “big-bang” reforms, and those who advocated a gradual approach. More than 25 years have passed since the fall of the Berlin Wall in 1989, providing ample empirical data to test those...