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This journal focuses on theoretical and policy issues of creating market institutions in previously centrally-planned economies.
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Central Bank Independence and the Lessons for Transition Economies from Developed and Developing Countries.
December 22, 1999... 1. Introduction
Transition economies have., undergone significant changes in their banking systems, moving to a two-tier system and independent central banks. On the basis of modern theories of monetary policy and of empirical experiences...
Liberalization Policy: `Fits & Starts' or Gradual Change in India.(Statistical Data Included)
December 22, 1999... I. Introduction
India's economic liberalization has drawn a great deal of attention. India began relaxing government controls on a selective basis in the mid 1970s.(1) However, beginning in July 1991, the policy appeared to be more...
Enterprise Adjustment and the Role of Bank Credit in Russia: Evidence from a 420 Firms Qualitative Survey.(Statistical Data Included)
December 22, 1999... 1. Introduction
The beginning of the transition period was followed by a marked fall in production in all Eastern European countries. From 1990 to 1993, GDP fell by 28.3% on average in Central Europe countries and by 48.6% in Russia. Since...
Privatisation, Restructuring and Management in Slovene Enterprises.(Statistical Data Included)
December 22, 1999... Introduction
Recent studies of Central and East European countries (CEECs) provide new insights concerning enterprise privatisation (e.g. Smith, Beom-Cheol and Vodopivec, 1998; Jones, 1998), restructuring (e.g. Bonin and Abel, 1998; Linz...
Intercountry Income Inequality: An Expansion and an Update.(Statistical Data Included)
December 22, 1999... I. Introduction
In a recent contribution to this journal, Park (1997) examines the issue of intercountry income inequality at 5-year intervals during 1960-1990. Park found that international income inequality did not improve. In this note,...
The Destruction of the Soviet Economic System: An Insiders' History.(Review)
December 22, 1999... Michael Ellman and Vladimir Kontorovich (eds), The Destruction of the Soviet Economic System: An Insiders' History, Armonk, New York: M.E. Sharpe, 1998.
Michael Ellman and Vladimir Kontorovich have compiled a marvelous set of studies from...
Review of Trading Blocs: Alternative Approaches to Analyzing Preferential Trade Arrangements.(Review)
December 22, 1999... Jagdish Bhagwati, Pravin Krishna and Arvind Panagariya (eds), Review of Trading Blocs: Alternative Approaches to Analyzing Preferential Trade Arrangements, MIT Press, 1999.
Formation of trading blocs and its implications toward the welfare...
Ukraine at the Crossroads: Economic Reforms in International Perspective.(Review)
December 22, 1999... Axel Siedenberg and Lutz Hoffmann (eds.), Ukraine at the Crossroads: Economic Reforms in International Perspective, Frankfurt: Physica-Verlag, 1999.
Siedenberg and Hoffmann's Ukraine at the Crossroads is comprised of 21 studies of...
Russia Under Western Eyes--From the Bronze Horseman to the Lenin Mausoleum.(Review)
December 22, 1999... Malia, Martin, Russia Under Western Eyes--From the Bronze Horseman to the Lenin Mausoleum, Cambridge, MA and London: The Belknap Press of Harvard University Press, 1999, xiv + 514 pp., index, hb, $35.00.
Since an economist would not...
Emerging From Communism -- Lessons From Russia, China, and Eastern Europe.(Review)
December 22, 1999... Boone, Peter, Stanislaw Gomulka, and Richard Layard, Emerging From Communism --Lessons From Russia, China, and Eastern Europe, Cambridge, MA and London: The MIT Press, 1998, 244 pp., index, hb, $35.
This book is a product of the Emerging...