Recent studies suggest that the allocation of expenditures in education is important for growth. The state of public education spending in many transition economies highlights the need for an assessment of the nature of education expenditures in these countries. This paper attempts to fill this...

Using generalized impulse response functions, this study tests for the trade J-curve for three transitional central European countries - the Czech Republic, Hungary, and Poland - in their bilateral trade with respect to Germany. Our findings suggest that for each country there are some...

Transition economies need labour market flexibility for successful restructuring and reallocation of the labour force, and for coping with the requirements of the European Monetary Union. In this paper we apply a novel approach to the issue of labour market flexibility in transition countries by...

The literature lacks solid assessments of poverty in Russia under transition compared to the poverty conditions at the onset of transition. This motivates us to analyse survey data from the city of Taganrog collected in similar manners for 1989 and 2000. Under all assumptions applied, we find...

The paper studies the determinants of internal migration in Russia. Using panel data on gross region-to-region migration flows in 1992-99, we estimate the effect of economic, political and social factors. Although overall migration is rather low, it turns out that its intensity does depend on...

This paper examines the capital flow experience of transition economies which are also prospective EU members with a view to shedding light on the likely problems they might encounter with exchange rate policy in the run up to euro area membership. We show that they have been experiencing fairly...

Are the household characteristics that are good for the transition to a more diversified market-oriented economy in Vietnam also important for reducing poverty? Or are there trade-offs? The determinants of both poverty incidence and participation in rural off-farm activities are modeled as...