The overall economic framework, the amount of foreign direct investments, the regulatory context, firm behaviour and the intensity of competition are among the factors that have an impact on a country's export competitiveness. Due to the ever-increasing engagement of firms in export activities,...

In this paper we document and analyse gross job flows in five transition countries, Poland, Estonia, Slovenia, Bulgaria and Romania. Using comparable firm level data over the years 1993- 1997, we find that in early transition job destruction dominates job creation, while the latter is picking up...

Die Rezession hielt in der Ukraine seit Beginn der Transformation an. Gleichzeitig zeigen Indikatoren für den ordnungspolitischen Transformationsfortschritt, daß die Ukraine zu der Gruppe weniger östlicher Transformationsländer gehört, die einen nur sehr geringen Fortschritt bei der...

Since the inception of transition Ukraine experienced an economic decline. Using indicators for the progress of economic reforms in transition countries, it becomes evident that Ukraine belongs to a very small group of eastern European transition countries that implemented very little economic...

On the background of current global mortgage crisis the article discusses the housing market theory and particularly the methods and indicators used for the evaluation of long-term sustainability of house price trends. The authors provide the time series of such indicators for selected OECD...

Ziel dieses Beitrags ist es, den Transformationsprozess einiger mittel- und osteuropäischer Staaten unter Berücksichtigung ausgewählter realwirtschaftlicher und monetärer Aspekte zu analysieren, wobei der Schwerpunkt auf den Visegradländern sowie auf Bulgarien und Rumänien bzw. der...

This paper studies bank-failure models in the context of transition economies. In order to capture the default risk of banks, data on the structure of retail deposit rates is used to improve the prognostic quality of bank-failure prediction. The Czech bank crisis of 1994?1996, during which 14...

During the transition of the central planned economies to the market system unemployment has become one of the most serious problems. The article describes the current state of unemployment in the Czech Republic and Slovakia. Using models of marginal effective tax rates developed by the OECD we...

The article solves the incentives to the different exchange rate arrangement choice during the transformation and integration period in the Central and East European countries. It follows with the analysis of the industry structure in these economies. It is discussed the existence of its direct...

The study examines the changes of the Central Eastern European region first in the context of world history. It confirms by comparative historical analyses that the transformation was indeed unique. This has been the only total transformation that took place peacefully, without violence, and at...