Showing 1 - 10 of 297
puzzling observation that the former CSFR, Hungary and Poland experienced a relatively similar decline in output in spite of … evidence for a `credit crunch' in Poland is not very strong. The paper also discusses the `Soviet trade shock' as a possible … cause for the output drop. It shows that Hungary and Poland -- and to some extent the CSFR -- were able to compensate their …
Persistent link: https://www.econbiz.de/10005123537
This paper uses the sequencing of privatisation to infer the objective pursued by the Polish government in the privatisation of its large manufacturing firms in the second half of the 1990's. We construct a model of mixed oligopoly, and use it to evaluate the privatisation process; our analysis...
Persistent link: https://www.econbiz.de/10005661699
The demise of the CMEA trading system in 1991 and the shift to convertible currency settlements and world market prices was expected to bring about a severe contraction of intra-group trade, coupled with large imbalances in trade between Eastern Europe and the former Soviet Union. The observed...
Persistent link: https://www.econbiz.de/10005136560
increasingly, in low-skill, low-value-added goods. Poland and Romania are intermediate cases. In Poland, different parts of the … significant only in the Czech Republic, Hungary and, most recently, Poland. Outward-processing trade (OPT) is widely spread and …
Persistent link: https://www.econbiz.de/10005123672
globalization and stronger protection of intellectual property are analysed. It is shown that globalization leads to more copying of … intellectual property protection has the opposite steady-state effects and thus serves to moderate the effects of globalization. …
Persistent link: https://www.econbiz.de/10005656156
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10005666914
aspects of globalization are studied: increases in the size of the South (i.e., countries like China joining the world trading …
Persistent link: https://www.econbiz.de/10005114418
The feasibility of systemic reforms may depend on their distributional consequences. The shift to a market economy can be expected to increase wage differentials and unemployment, which will have an adverse effect on income distribution. Income tax reform and the change in the system of consumer...
Persistent link: https://www.econbiz.de/10005504483
This paper uses a schematic computable model of the iron and steel sectors in the European Community (EC) and Eastern Europe to explore the effects of trade policies on those sectors. In particular it explores the partial opening of EC markets to Eastern producers. Following a discussion of...
Persistent link: https://www.econbiz.de/10005504489
This paper is the Introduction to a special issue of European Economy on `The Path of Reform in Central and Eastern Europe'. It discusses the sources of the current wave of `Europessimism': exogenous shocks, adjustment costs, sequencing errors, and other policy errors. This analysis may help in...
Persistent link: https://www.econbiz.de/10005504578