Comprehensive firm-level data for Polish manufacturing show that in state-owned firms the large drop in net employment since the start of the transition in 1990 has been driven by a jump in the job destruction rate; job creation, by contrast, is located disproportionately in the private sector....

This paper analyses the adjustments of state-owned enterprises in Russia to the economic reforms started in early 1992, drawing on evidence from enterprise visits, larger enterprise surveys, and aggregate data on the enterprise sector, and making direct comparisons to comparable experiences in...

This paper presents a survey of the economy of Poland, covering both the pre-reform and developments in 1990-91. The first part of the paper outlines the basic features of the Polish economy, analyses its economic growth and performance in the communist period, and examines the market socialist...

This paper presents a preliminary analysis of the performance of the Polish state-owned enterprise sector in 1990, with particular attention to wages, output, profitability, and the contribution of enterprise taxation to the state budget. A new piece of empirical evidence presented in the paper...

This paper attempts the following two questions, both with reference to the response of the Polish economy to the stabilization and liberalization plan of January 1, 1990: why was the fall in output much larger and the inflation rate much higher than anticipated? Was the contraction of aggregate...

The principal novelty of this paper lies in offering explanations of changing priorities and of the stop-go-stop sequence of policies in Poland in the years 1990-1991. The paper suggests that, in the first year of the reform, achieving price stability was secondary to the following three other...

This paper contains the text of a guest lecture delivered by Dr Gomulka to the Nordic Finance Committee at its meeting in Lillehammer, Norway on 21 January 1994. The paper looks at empirical evidence, both economic and political, from the whole area of Central and Eastern Europe and the Former...