Showing 1 - 10 of 283
As a symptom of fundamental institutional weaknesses, corruption needs to be viewed within a broader governance …, the authors present the survey results, focusing on governance, corruption, and state capture. By unbundling governance … forms of grand corruption, notably state capture by parts of the corporate sector - that is, the propensity of firms to …
Persistent link: https://www.econbiz.de/10012572737
Drawing on the recent literature on economic institutions and the origins of economic development, the authors offer a political economy explanation of why institution building has varied so much across transition economies. They identify dependence on natural resources and the historical...
Persistent link: https://www.econbiz.de/10012554115
Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment, and international transactions. However, large differences exist across transition economies with respect to services intensity and services...
Persistent link: https://www.econbiz.de/10012554122
The development of the institutional capacity to create and evaluate economic policies remains a critical need-and constraint-in most transition economies if they are to complete the successful passage to fully functioning market economies. To take an active role in the transition process,...
Persistent link: https://www.econbiz.de/10012559524
This paper revisits the early empirical literature on economic growth in transition economies, with particular focus on fiscal policy variables-fiscal balance and the size of government. The baseline model uses a parsimonious specification, drawn from Fischer and Sahay (2000), of economic growth...
Persistent link: https://www.econbiz.de/10012552705
This paper examines the structure and performance of the services sector in Eastern European and Central Asian countries during 1997-2004. Services represent an increasing share of total value added and employment with the major sub-sectors being wholesale trade, retail trade, inland transport,...
Persistent link: https://www.econbiz.de/10012552802
The author presents measures with which to map institution building during the transition from centrally planned to market economies. Data collection and indicators are measured in terms of five institutional dimensions of governance: a) accountability; b) quality of the bureaucracy; c) rule of...
Persistent link: https://www.econbiz.de/10012571742
The authors look at strategies for dealing with banking crises in 12 transition economies -- five from Central and Eastern Europe (CEE): Bulgaria, the Czech Republic, Hungary, Macedonia, and Poland; the three Baltic states: Estonia, Latvia, and Lithuania; and four countries from the Commonwealth...
Persistent link: https://www.econbiz.de/10012572870
The aggregate manufacturing energy intensity of 28 countries in Eastern Europe and Central Asia had declined by 35 percent during 1998-2008. This study reveals strong evidence of convergence: less efficient countries improved more rapidly and the cross-country variance in energy productivity...
Persistent link: https://www.econbiz.de/10012558122
Ten years into the transition, corruption is so pervasive that it could jeopardize the best-intentioned reform efforts … behavior. Using recently available data on the incidence of corruption, and on institutional development, they provide … preliminary evidence on the link between the development of market institutions, and incentives for corruption. Virtually all of …
Persistent link: https://www.econbiz.de/10012572774