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...

This paper reviews a range of studies that examine differences in growth performance among transition countries. There is a consensus in the literature about the core elements of transition and the policies necessary for sustainable growth, although considerable differences remain about how to...

The focus of this paper is on the transition from a trade regime in a socialist economy to one based on a (more) liberal market economy. Thus, there is no need to detail the past and current nature of trade institutions, patterns and performance. However, the sorts of problems that a transition...

This paper reviews a range of studies that examine differences in growth performance among transition countries. There is a consensus in the literature about the core elements of transition and the policies necessary for sustainable growth, although considerable differences remain about how to...

This paper concentrates on geographic direction of trade only. It applies a fairly conventional gravity model technique to answer the question: What would be the geographic pattern of trade of East and Central Europe (ECE) if their trade were determined by the same factors as those that affect...

Cohesion policy - does it have a future? (by S. Richter; pp. 1-2) Keywords cohesion, transfers, EU Countries covered European Union, New EU Member States Topics Macroeconomic Analysis and Policy; Regional Development; Other The great crisis and the American response (by J. K. Galbraith; pp....

While many observers thought it was premature for Czech Prime Minister Klaus to suggest in 1995 the transition was over except for fine-tuning , as we approach the 20th year after the fall of the Berlin Wall on Nov. 9, 1989,-and the 18th after the dissolution of the Soviet Union at Byelovezha-...

The most comprehensive and up-to-date analysis of the successes and failures of 27 countries post-communism transformation. Looking at life after the fall of the Berlin wall in 1989, the book examines and contrasts why some countries have virtually completed their transformation to a liberal...