Despite massive oil rent incomes since the early 1970s, the economic performance of oil-exporting countries-with notable exceptions-is poor. While there is extensive literature on the management of oil...
Patterns of transition from plan to market. Martha de Melo, Cevdet Denizer, and Alan Gelb Hungary's bankruptcy experience, 1992-1993. Cheryl W. Gray, Sabine Schlorke, and Miklos Szanyi Why and when do...
In analyzing the transitional experience of countries in Central and Eastern Europe (CEE) and the former Soviet Union (FSU), the authors find strong common patterns for countries at similar stages of reform...
This paper provides a description of how forty three firms in Poland, Hungary, and Czechoslovakia have been adjusting to the transformation of economic system since 1990. It is based on the information...
This paper provides a description of how 43 firms in Poland, Hungary, and Czechoslovakia have been adjusting to the transformation of economic system since 1990. It is based on the information derived...
The note deliberates on the advantages of political breakthroughs to achieve stabilization, analyzing three elements of economic transition: macroeconomic stabilization; liberalization of prices, and markets;...
The paper focuses on the problems with public enterprise reform in three countries, namely China, Poland, and the Czech Republic. These countries highlight the central reform issues, bringing out some...
The growing literature on economic reform in the former socialist bloc highlight macroeconomic stabilization, enterprise adjustment, and institutional reform as the foundations of successful transition...
The authors examine the process of economic transformation in Mongolia, a huge, isolated, sparsely populated country. After identifying factors that led to formulation of a radical adjustment program in...
This paper examines issues involving the design and sequence of economic reform in formerly socialist economies that have made the political decision to move to a private market economy. They also examine...
Next to the decollectivization of agriculture, the most striking economic transformation in China since 1978 has been the rapid growth of rural nonstate industry. Firms in this sector (referred to as TVPs)...
When the General Agreement on Tariffs and Trade was instituted in 1948, its mandate excluded such industries as banking, insurance and telecommunciaitons. These services sectors were highly regulated and...
The typical financial sector reform package involves policy changes to increase the power of centralized decision making in some areas and to reduce it in others. For regulation and supervision, reforms...
This paper argues that the labor transfer process outlined by the Lewis model (1954) can give rise to surplus labour - in the sense than the marginal product of labour is less that the wage - in the public...