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Narrowing the development divide in ASEAN : the role of policy
Menon, Jayant - 2012
The Association of Southeast Asian Nations (ASEAN) is highly diverse. It is also divided. The most striking example is the development divide that separates ASEAN's newer members of Cambodia, the Lao People's Democratic Republic, Myanmar, and Viet Nam - the CLMV countrie - from the...
Persistent link: https://www.econbiz.de/10009697232
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Re-estimating the relationship between inequality and growth
Scholl, Nathalie; Klasen, Stephan - 2016
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011454086
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Re-estimating the relationship between inequality and growth
Scholl, Nathalie; Klasen, Stephan - 2016
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011536688
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Determinants of inequality in transition countries : market changes and limited redistribution contributed to high income and wealth inequality growth in Eastern Europe
Brzeziński, Michał; Sałach, Katarzyna - 2022
High levels of economic inequality may lead to lower economic growth and can have negative social and political impacts … significantly more than previously suggested. Currently, the average Gini index (a common measure) of inequality in Eastern Europe … is about 3 percentage points higher than in the rest of Europe. This rise in inequality was initially driven by …
Persistent link: https://www.econbiz.de/10013254550
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Real currency appreciation in accession countries : Balassa-Samuelson and investment demand
Fischer, Christoph - 2002
The Balassa-Samuelson effect is usually seen as the prime explanation of the continuous real appreciation of central and east European (CEE) transition countries' currencies against their western counterparts. The response of a small country's real exchange rate to various shocks is derived in a...
Persistent link: https://www.econbiz.de/10011431705
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Services liberalization in transition economies : the case of North and Central Asia
Soprana, Marta - 2016
This paper offers a review, analysis and assessment of the status of services liberalization in North and Central Asia. Following a brief introduction about the region and its economic context, this study provides an overview of the binding commitments undertaken by transition economies under...
Persistent link: https://www.econbiz.de/10011539644
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The case of transition economies : what institutions matter for growth?
Raimbaev, Azim - 2011
There is a consensus among scholars that institutions (i.e. norms and regulations) are country specific. The paper aims to contribute to the debate by examining the type of institutions which have been the most important for growth in transition countries. It employs a new set of the...
Persistent link: https://www.econbiz.de/10011524879
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Institutional quality, cyclicality of macroeconomic policies and the effects of macroeconomic shocks : evidence from transition economies
Adigozalov, Shaig; Rahimov, Vugar - 2015
In this paper, we study the role of institutional quality in the cyclicality of macroeconomic policies of transition economies. Using annual data over 1996-2013, we find that the quality of institutions play a significant role in their ability to carry out counter-cyclical macroeconomic policy....
Persistent link: https://www.econbiz.de/10011378079
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Inequality of access to opportunities and socioeconomic mobility : evidence from the Life in Transition Survey
Cojocaru, Alexandru - 2019
Expectations of future socioeconomic mobility are an important determinant of current policy preferences. But how may these expectations be formed? Using Life in Transition survey data for a large set of transition economies and several Western European countries, this paper examines the link...
Persistent link: https://www.econbiz.de/10012004815
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The determinants of real exchange rates in transition economies
Meshulam, Dan; Sanfey, Peter - 2019
Persistent link: https://www.econbiz.de/10012102565