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Many of the states of the former Soviet Union have experienced a dramatic collapse of output during transition, which … their analysis to incorporate measures of the complexity of the Commonwealth of Independent States (CIS) trade and non …-CIS trade however, we find that complexity of non-CIS trade is the significant factor in explaining the output collapse. We …
Persistent link: https://www.econbiz.de/10014133697
individuals and organizations. This is somewhat surprising since an important problem which transition management needs to tackle … is inertia or resistance to change. Transition policy needs to account for the bounded rationality and social interaction … of agents so as to arrive at a more realistic view of the limits and opportunities for realizing a transition. System …
Persistent link: https://www.econbiz.de/10010430808
of micro data sets from between 1980's and 2010 for both advanced market economies and economies undergoing transition … from central planning to market based system. We show that wage inequality was initially lower in transition economies and … between structural change and wages in both advanced and post-transition economies, despite the predictions from skill …
Persistent link: https://www.econbiz.de/10011778902
of micro data sets from between 1980's and 2010 for both advanced market economies and economies undergoing transition … from central planning to market based system. We show that wage inequality was initially lower in transition economies and … between structural change and wages in both advanced and post-transition economies, despite the predictions from skill …
Persistent link: https://www.econbiz.de/10011785673
countries' currencies. exchange rates, trade policy, transition economies. …This paper examines the interplay between exchange rate regimes and policies and commercial policy in six transition … trade barriers and each country examined has had recourse to various means of restricting imports. We argue that more …
Persistent link: https://www.econbiz.de/10010229106
Does foreign aid enhance aggregate human welfare? This paper attempts to answer this question by using a panel of twenty-eight countries, covering the period from 1990 to 2014. It explores intra country variation by splitting the sample into low-income and middle-income countries. Combined with...
Persistent link: https://www.econbiz.de/10012908253
Persistent link: https://www.econbiz.de/10012297259
Persistent link: https://www.econbiz.de/10001398057
This paper investigates the monetary transmission mechanism in the Republic of Macedonia to better inform monetary policy, which is currently dedicated to price stability. We analyse long-run equilibrium relationships, adjustment mechanisms and short-run influences between the price level,...
Persistent link: https://www.econbiz.de/10014050269
the transition economies in Central and Eastern Europe and Central Asia since 1990. The essence of the argument is that ….g., inflation) and may, moreover, discourage education, external trade, and genuine saving, thereby retarding economic growth. The …
Persistent link: https://www.econbiz.de/10014199132