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Corruption, Structural Reforms, and Economic Performance in the Transition Economies

Abed, George T. - 2000

Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the … hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that … provides deeper insights into economic performance than do measures of “perceived corruption.” The hypothesis is tested by …

Persistent link: https://www.econbiz.de/10014399961

National Accounts in Transition Countries : Distortions and Biases

Bloem, Adriaan M. - 1996

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395983

Dollarization in Transition Economies : Evidence and Policy Implications

Végh Gramont, Carlos A. - 1995

After most restrictions on foreign currency holdings were relaxed in the early 1990s, foreign currency deposits in transition economies have been increasing rapidly. This paper takes a first look at the evidence on dollarization for 15 transition economies, and then discusses some key conceptual...

Persistent link: https://www.econbiz.de/10014396026

Do Government Wage Cuts Close Budget Deficits? : A Conceptual Framework for Developing Countries and Transition Economies

International Monetary Fund - 1996

Real wage declines have been common in the public sector in many countries over substantial periods of time. In several cases, such wage reductions have coincided with a decline in the efficiency of the public sector. In a simple analytical framework, it is shown that higher wage levels alter...

Persistent link: https://www.econbiz.de/10014396160

Stabilization and Growth in Transition Economies : The Early Experience

Fischer, Stanley - 1996

This paper analyzes the growth and stabilization experience in 26 transition economies in eastern Europe, the former Soviet Union, and Mongolia for the period 1989-1994. Inflation rates have declined significantly in most countries following an inflation stabilization program. Growth resumes...

Persistent link: https://www.econbiz.de/10014396308

Equilibrium Exchange Rates in Transition Economies

Halpern, Lionel - 1996

A stylized fact of the transition process is an early profound exchange rate depreciation followed by continuing real appreciation. Absent historical reference points, it is difficult to judge whether the real appreciation is threatening competitiveness. This paper interprets the stylized facts...

Persistent link: https://www.econbiz.de/10014398011

Inflation and Stabilization in Transition Economies : A Comparison with Market Economies

Végh Gramont, Carlos A. - 1995

A simple model is developed to understand inflationary pressures and stabilization in nonmarket economies. In light of the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe and the former Soviet Union. These experiences are...

Persistent link: https://www.econbiz.de/10014398765

Taking down the wall : transition and inequality

Cevik, Serhan; Correa-Caro, Carolina - 2020

This paper investigates the main determinants of income inequality in transition countries during the period 1990-2018. To this end, we address a major methodological challenge that lies at the core of the cross-country literature on income inequality: the potential endogeneity of income growth,...

Persistent link: https://www.econbiz.de/10012177606

Globalization and Catching-Up : From Recession to Growth in Transition Economies

Kolodko, Gregorz W. - 2000

The transitional recession in countries of Eastern Europe and the Former Soviet Union has lasted much longer than expected. The legacy of the past and recent policy mistakes have both contributed to the slow progress. As structural reforms and gradual institution building have taken hold, the...

Persistent link: https://www.econbiz.de/10014399834

Compliance with IMF Program Indicators and Growth in Transition Economies

Unigovskaya, Anna - 2000

This paper makes use of the IMF’s Database for Monitoring Fund Arrangements (MONA) to investigate whether transition countries that more successfully implement the conditionality of IMF programs tend to show a better performance on recovery and growth. It is not possible to determine a...

Persistent link: https://www.econbiz.de/10014399903