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The Orange Revolution in the fall of 2004 built great hopes for a better future for Ukraine. However, three years later those hopes have been replaced by disappointment, frustration and confusion. Although progress in the areas of political freedom, pluralism, civil rights and freedom in the...
Persistent link: https://www.econbiz.de/10015271258
An economic model of how a Marxist state should work
Persistent link: https://www.econbiz.de/10015253187
productivity, the CECs built up a rudimentary egalitarian welfare state. There were high economic and social differences, but these …-ranging uncertainty. These trends were even more magnified by the entrance of the People’s Republic of China and other Asian developing … countries into world trade and capital flows. The demand and supply shocks related to their new economic presence sent …
Persistent link: https://www.econbiz.de/10015244546
and the task set by the medium-term plan. Analysing the aggregate planned and factual figures of national income, industry …
Persistent link: https://www.econbiz.de/10015246168
excludes Slovenia and includes Albania to be renamed as the Western Balkans. After a decade of social unrest and civil wars of …, the Western Balkans finds itself completely surrounded by the EU. Despite that political environment is still fragile, the … progress in economic cooperation is gaining a momentum through bilateral free trade agreements which recently are superseded by …
Persistent link: https://www.econbiz.de/10015231529
Transition economics was and still is a topic mostly associated with the post-communist countries in Central and Eastern Europe (CEE). The cause of its emergence as a theory was not purely economic – the spearhead was politics – leading to the collapse of the Eastern Block, to be followed by...
Persistent link: https://www.econbiz.de/10015243707
This paper describes the functioning of a currency board within the socio-economic context in which it operates. Special focus is given to the macroeconomic implications of a currency board system compared to a central bank system. In particular the author describes the principles regulating a...
Persistent link: https://www.econbiz.de/10015238653
The process of political and economic liberalisation in Benin is regarded as a model for the whole of Sub-Saharan Africa. Benin made history by becoming the first African country to overthrow a military dictator by democratic means. The civilian coup d'état cleared the way for economic...
Persistent link: https://www.econbiz.de/10015230686
conventional quantitative trade models have difficulty explaining. It goes on to develop a theory of product level productivity … trade flows of nations, and the consequential implications for the levels of per capita income and welfare of their … populations. The first of these documents a pattern of comparative advantage in product level, bilateral trade data that …
Persistent link: https://www.econbiz.de/10009429356
This article takes into consideration the connection between the real estate prices and the purchasing-power parity of currencies in the countries of CIS. It is shown that the exceeding growth of dollar real estate prices in these countries was the part of the rising of dollar prices for all...
Persistent link: https://www.econbiz.de/10015234608