Comparative Economic Studies articles from June 2002

Comparative Economic Studies archives from June 2002

Editors introduction: 7th Dubrovnik Economics Conference current issues in emerging market economies.
June 22, 2002... The Croatian National Bank has been sponsoring and organizing an annual economics conference in Dubrovnik since 1995. The 7th conference was held in June 2001 and most of the papers presented are published in this special issue of the journal....

How risky is financial liberalization in the developing countries?
June 22, 2002... 1. Introduction Since the heydays of Reagan-Thatcher activism, the developing countries have been encouraged to let financial markets bloom and to fully integrate themselves into world markets. The reasoning behind the push is based on...

Output costs of currency and balance of payments crises in emerging markets.(Statistical Data Included)
June 22, 2002... 1. Introduction Severe balance of payments and currency crises occur with some frequency in emerging-market economies--more than 51 crisis episodes over the past 25 years, indicating that about 8 percent of the time an emerging-market...

Monetary policy strategies for emerging market countries: lessons from Latin America.
June 22, 2002... I. Introduction The conduct of monetary policy in emerging market (and transition) countries confronts different challenges from that in industrialized countries. In contrast to the experience in industrialized countries, the past monetary...

"Structural reforms in Argentina: success or failure?".(Statistical Data Included)
June 22, 2002... I. Introduction Argentina implemented far reaching structural reforms in the nineties following a decade of very poor performance. The crisis of the eighties led to the end of an era characterized by high levels of government intervention...

Banking sector reform in Hungary: what have we learned and what are the prospects?(Statistical Data Included)
June 22, 2002... I. Introduction There has been a vast body of empirical evidence showing a positive link between financial sector development and economic growth. (1) There are many channels through which the financial sector promotes growth: mobilizing...

Promoting financial stability in emerging-market countries: the soft law approach and beyond (1).(Statistical Data Included)
June 22, 2002... "Commerce and Manufactures can seldom flourish long in a state which does not enjoy a regular administration of justice, in which the people do not feel themselves secure in the possession of their property, in which the faith...

Efficiency of banks in Croatia: a DEA approach *.(Statistical Data Included)
June 22, 2002... 1. Introduction Bank efficiency has been an important issue in transition. All transition countries have been faced with at least one banking crisis, and many with more. In most transition countries the question of relative comparison of...