This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objectives, and implementation of the reform program

This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic (CSFR), and Romania in the period since the initiation of market-oriented reforms in these countries. The paper reviews developments in the three countries and empirically...

Kosovo was placed under temporary UN administration in 1999, and a final political settlement remains pending. Since that time, however, the province has developed the instruments and institutions necessary to formulate and implement an independent economic policy. This paper provides an...