Als Ergebnis eines gemeinsamen Forschungsprojekts, finanziert von der europäischen Kommission, präsentieren Wirtschaftswissenschaftler aus Rußland, Kasachstan, Großbritannien und Deutschland Aufsätze zu dem Thema "Die Schuldenkrise in Rußland und Kasachstan". Sie diskutieren die Faktoren,...

We have two goals in this paper. The first is to draw lessons from the privatization experiences in Eastern Europe so far, in particular with respect to the relation between alternative privatization methods, the evolution of ownership after privatization and restructuring. The second is to draw...

This study monitors the effects of economic transition on wages and employment in a former Soviet Republic. Estonia's case is of particular interest because of its early adoption of relatively free labour market policies. Relative wages for the highest educated groups rose for all age groups....

One of the most important consequences of the transition in Central and Eastern Europe (CEE) has been the dismantling of the Council for Mutual Economic Assistance (CMEA). It is argued in this paper that the abrupt loss of trading partners for the former CMEA countries and the Newly Independent...

In a number of articles Alexeev (1988a) and (1988b) shows that in the former Soviet Union the administrative rationing of housing was partially replaced by market forces acting through the second economy. This paper uses a much richer dataset to update his analysis for Russia to consider housing...

In this paper, foreign direct investment (FDI) into Russia's regions during the period 1993-95 is analysed using recently available regional data. Russia's regions are shown to be much richer than China's, but much poorer than US states, though with far less FDI than either country. FDI into the...

The segmentation of the labour market is one of the most striking characteristics of the transition process in Central and Eastern European countries. Not only do the young, unskilled workers and women face a high risk of unemployment, but joblessness also varies significantly geographically....

Poland has been encouraging foreign direct investment, including the purchase of company shares, but has been attempting to limit the inflow of speculative short-term capital. The policy so far has been effective without the use of any capital controls. The paper explains the policy and the...

At the time of transoformation in Hungary, poverty was one of the most discussed public questions. This paper focuses mainly on the longitudinal aspect of poverty. It describes the development of the poverty figures by the application of different poverty concepts. The dual nature of poverty is...