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In this paper we analyse the driving forces of the transition from plan to market in China. A two segments and two … sectors model is constructed to take into account the particular economic situation in China during the transition process: a … large agricultural sector and an industrial sector; a large centrally planned segment and a market segment. The transition …
Persistent link: https://www.econbiz.de/10005556000
rates of European transition economies. We used the testing procedure of Vogelsang (1997) that allows for detecting a break … monetary authorities indeed brought about a structural break in exchange rate behavior. In more stable transition economies …
Persistent link: https://www.econbiz.de/10005556048
modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory …
Persistent link: https://www.econbiz.de/10005556052
This is in support of the governement program of transformation from the Soviet-type economy, to the free market economy in Czechoslovakia after the fall of Communism. The basic lines of the government program, that was outlined by Vaclav Klaus, are defended against the leftis criticism that...
Persistent link: https://www.econbiz.de/10005407657
This paper provides a comprehensive literature review of the use of non- monetary transactions (barter, debt offsets, etc.) in Russia since the fall of Communism. The two primary theories are the credit crunch (liquidity constraint) theory and the virtual economy theory. The former relates to...
Persistent link: https://www.econbiz.de/10005407675
Using the joint World Bank and EBRD Business Environment and Enterprise Performance Survey (BEEPS), compiled in 1999, this paper explores the relationship between firm performance and ownership in Central and Eastern Europe (CEE) and the Former Soviet Union (FSU). The literature on privatization...
Persistent link: https://www.econbiz.de/10005407689
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10005407700
sequence of institutional, macroeconomic and monetary reform aimed at achieving a stable transition. An egalitarian … reforms if the transition process is to achive the goals of efficiency and equity. The paper is to be published in the Cato …
Persistent link: https://www.econbiz.de/10005407703
annum. Transition, typically identified as “starting” in 1986, was a relatively painless affair of structural adjustment and … planning model in the ten years after 1976 became a virtue for transition. The social consequences of transition were due to …
Persistent link: https://www.econbiz.de/10005062418
This paper argues that even temporary barriers to entry present at the very beginning of transition may lead to …
Persistent link: https://www.econbiz.de/10005062420