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This paper presents a coherent and systematic analysis of the collapse and subsequent revival of the Central Asian Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and subsequent revival in the CARs, which have yet to be...
Persistent link: https://www.econbiz.de/10011281491
Persistent link: https://www.econbiz.de/10001430444
The aim of this study is to assess current economic situation of 28 post-socialist countries in Europe and Asia undergoing systemic transformation towards an open market economy, their macroeconomic policies and the progress of structural reforms. We focus on the situation seen in 2009 and the...
Persistent link: https://www.econbiz.de/10014180057
As a result of the program of social, political, and economic reforms called doi moi" (meaning renovation) implemented by the Communist Party in 1986, market forces have been allowed to operate in Vietnam subject to state supervision. The centerpiece of doi moi has been to attract foreign...
Persistent link: https://www.econbiz.de/10014050715
How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This paper sheds light on this question using a unique data set and procedure to reduce sample selection bias. Our evidence is from consistently coded, non-retrospective data...
Persistent link: https://www.econbiz.de/10014051631
This paper seeks to lay out the strategy of China's developmental approach to transition--how the strategy was developed and why it has worked so well for China. It then goes on to answer the arguments of Sachs and Woo (1994, 1995, 1996) that China's approach to transition has no relevance to...
Persistent link: https://www.econbiz.de/10014212122
The paper lays out the strategy behind China's gradual approach to transition--how the it was developed and why it has worked so well for China. It goes on to answer the arguments of Sachs and Woo that the Chinese approach has no applicability to the nations of Eastern Europe and the former...
Persistent link: https://www.econbiz.de/10014216077
This paper pinpoints "circular and cumulative causation" as the fundamental mechanism driving the observed trend of uneven industrial development in the Chinese economy. A shift-share analysis of manufacturing performance at the provincial level identifies five provinces in Southeast China -...
Persistent link: https://www.econbiz.de/10014105097
During transition, maintaining employment and providing a social safety net to the unemployed are important to social stability, which in turn is crucial for the productivity of the whole economy. Because independent institutions for social safety are lacking and firms with strong profit...
Persistent link: https://www.econbiz.de/10014144003
It has recently become customary to argue that Russian economic transformation since 1991 has failed because of bad policy advice and mistaken policy choices. Though Russia's performance leaves much to be desired, such criticisms are based on a failure to analyse the real choices available to...
Persistent link: https://www.econbiz.de/10013098903