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When applying Computable General Equilibrium (CGE) models to transition economies, it is not plausible to use the … of the first years of the transition …
Persistent link: https://www.econbiz.de/10013241058
This paper suggests a method of approximating the development of investment in transition economies through an … investment in transition countries. In contrast to standard adjustment costs, which predict a sharp rise in investment due to the …
Persistent link: https://www.econbiz.de/10014137886
Persistent link: https://www.econbiz.de/10013261241
explanations why unemployment is high during transition in countries of Central and Eastern Europe the role of unemployment and the … fiscal problems due to unemployment is discussed within a model of economies of transition. The model highlights the …
Persistent link: https://www.econbiz.de/10010499922
To mark the 30th anniversary of the fall of the Berlin Wall, this paper aims to assess developments in Central, East and Southeast Europe (CESEE) over the past three decades, and to look forward to what the next 30 years might bring. First, we measure the convergence of per capita income, wages...
Persistent link: https://www.econbiz.de/10012122144
The aim of this paper is to analyze how different models of transformation in Central and Eastern Europe (CEE) and the Commonwealth of Independent States (CIS) increased or decreased the risk of being stuck in the middle-income trap (MIT). The key finding is that the CEE and CIS countries are,...
Persistent link: https://www.econbiz.de/10011760571
"dependent", or "periphery" capitalisms in ECE and Balkan countries vs. "backslide transition" in Russia and some other CIS … countries. Thus, the outcomes of the systemic transition are shown as problematic, fragile and different. The paper refers these …
Persistent link: https://www.econbiz.de/10012642583
The issue of global warming has become a major topic in the international environmental debate. Alternative climate policy measures can be evaluated with the help of a simulation model that integrates economic and natural science considerations. A fully integrated assessment of the two-way...
Persistent link: https://www.econbiz.de/10011495739
This paper analyses the impact of the global economic and financial crisis on Uganda notably on macro-economic aggregates, sectoral output and household welfare, and the potential role of fiscal policy and reform in mitigating the impacts. We find that second round effects from a reduction in...
Persistent link: https://www.econbiz.de/10013128970
The main objective of this paper is to assess the potential effects of the WTO agreements on income distribution and welfare in Côte d'Ivoire. For this purpose, a dynamic CGE model is used to analyze the impacts of three scenarios ranging from partial and complete unilateral trade...
Persistent link: https://www.econbiz.de/10012921322