Monthly Report No. 3/2011

Patterns of transition (by K. Poznanski, J. Poznanska and H.Y. Liu; pp. 1-11) Keywords transition, shock therapy, privatization, market vs. state Countries covered CEE, CIS, East Asia Topics Macroeconomic Analysis and Policy Recent trends in the quality of traded goods NMS are closing the gaps (by N. Foster, J. Pöschl and R. Stehrer; pp. 12-19) Keywords quality, unit value ratios, price vs. quality competition Countries covered EU, CEE, CIS, Asia, East Asia Topics International Trade, Competitiveness and FDI Animal spirits (by V. Gligorov; pp. 20-22) Keywords Keynes, uncertainty vs. risk Countries covered OECD Topics Macroeconomic Analysis and Policy Statistical Annex Selected monthly data on the economic situation in Southeast Europe, Russia and Ukraine (pp. 23-31) Guide to wiiw statistical services on Central, East and Southeast Europe, Russia and Ukraine (p. 33)