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We examine the case of the Czech Republic, which has been frequently cited as one of the most successful cases of transition economies in Central and Eastern Europe (CEE). Despite the costs related to the break-up of Czechoslovakia in late 1992 and 1993, the immediate consequences were quickly...
Persistent link: https://www.econbiz.de/10010273468
The paper focuses on institutional change and institution building as integral parts of economic transition in China. China's success, particularly compared with other advanced transition economies, implies a puzzling observation: China did not apply theoretically-derived policy recommendations....
Persistent link: https://www.econbiz.de/10010308006
This paper analyzes the impact of global financial and economic crisis on the process of system transformation in China. First, it details the direct impact of global growth on macroeconomic development and its indirect impact on economic transformation. Second, it analyzes the direct impact of...
Persistent link: https://www.econbiz.de/10010494394
A complex analytical framework, the Interactive Party state model (IPS), is offered for revealing the structural and dynamic background of opposite processes: first, the development of the communist party as a political entity into a politically monopolized regime and then to a social system;...
Persistent link: https://www.econbiz.de/10010494400
An article reviewing Bulgaria's early market reforms implemented under harsh external conditions and considerable dislocation of the local economy. The article predicted that realistic growth scenarios for must be predicated on a debt and debt service reduction on Bulgaria's large external...
Persistent link: https://www.econbiz.de/10014182659
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10014159658
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10014159754
Institutions and technological changes have close-knit relationship. Institution can create constraints and incentives that have significant effects on the path of technological change. Especially, this issue attracts a lot of discussion in transition economies. Because technology plays an...
Persistent link: https://www.econbiz.de/10014162462