Transition literature has emphasized stabilization and enterprise restructuring. Both cross-country analyses and country-specific studies have tended to focus on fiscal stabilization and its indicators, highlighting the importance of quantitative fiscal adjustment to stabilization outcomes. Less...

Despite a common parentage for most of the twentietch century, Uzbekistan and Kazakhstan followed seemingly different paths in the transition to a market economy. Uzbekistan adopted a cautious gradual approach to market reform, while Kazakhstan followed a more aggresive strategy. But has...

The main objective of the Life in Transition Survey (LiTS) was to assess the impact of transition on people, and so the survey questionnaire covered four main themes. First, it collected personal information on aspects of material well-being, including household expenditures, possession of...

The analysis presented in this report assembles, for the first time, evidence from a variety of sources in the countries of Eastern Europe and the former Soviet Union to show that policy and institutional reforms are important in achieving higher productivity growth. However, significant...

Transition literature has emphasized stabilization and enterprise restructuring. Both cross-country analyses and country-specific studies have tended to focus on fiscal stabilization and its indicators, highlighting the importance of quantitative fiscal adjustment to stabilization outcomes. Less...

Despite a common parentage for most of the twentieth century, Uzbekistan and Kazakhstan followed seemingly different paths in the transition to a market economy. Uzbekistan adopted a cautious, gradual approach to market reform, while Kazakhstan followed a more aggressive strategy. But has...