China is located in East Asia and, just as Japan, Taiwan or (South) Korea at earlier stages of their development, has now grown very rapidly for some three decades. That is not enough, however, for it to qualify for membership of the club. The East Asian development model has a number of...

Relatively little is known about the youth labour market in Mongolia. This paper addresses the issue by taking advantage of a recent ad hoc School to Work Transition Survey (SWTS) on young people aged 15-29 years carried out in 2006. After a period of sharp reduction in the 1990s, educational...

Over the recent years Russia has faced an astonishing economic growth, coinciding with the era of Vladimir Putin's presidentship. Accordingly, it is not surprising that commonly these rising economic trajectories are attributed to progress in terms of transition initiated and further triggered...

School choice and accountability have become popular educational policies in the US and the UK. In Europe, such policies are less often applied. Moreover, even when school choice exists, information on school quality is rarely provided, leading to pupil sorting by observable characteristics. In...

Women's participation in the labour market varies substantially across Europe. While female participation rates are usually high in Northern countries, they decline as one moves South, where more traditional household models still predominate and women devote more time to domestic rather than to...

This paper analyzes the twin crises in Turkey experienced in 2000 and 2001. After a detailed survey of currency crisis models, together with a brief descriptive overview of the crises in Turkey, the similarities among the twin crises in Turkey and the models that have been developed to explain...

Standard theory of the optimal mix of direct and indirect taxation implicitly assumes that compliance is not influenced by the framing of the taxes. According to our findings, this is not the case. Using an experimental approach, we examine whether framing the tax payment decision as income tax...

Diversity of trajectories of post-socialist transforming economies is a stylized fact of this experience of system change. The paper explores the relations between change in formal and informal rules in historical perspective, discussing new institutional views about rationality of formal...

This paper provides an update on estimates of the euro effect on trade integration among EMU economies, taking into account the aggregate bilateral exports of 23 OECD countries for the sample period 1988-2004. We consider 13 exporting European countries and 23 importing industrialized countries...