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Comparative Economic Studies articles from June 2008
This journal focuses on theoretical and policy issues of creating market institutions in previously centrally-planned economies.
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Comparative Economic Studies archives from June 2008
Egon Neuberger: in memoriam.(In memoriam)
June 1, 2008... Egon Neuberger lived a very rich life, cut short at the age of 82 by leukaemia. He was a key participant in the comparative economic systems field from the 1950s until the 1990s, a contributor to important ideas in additional fields, a prized...
How has China's economic emergence contributed to the field of economics?(50th Anniversary Essay)(Report)
June 1, 2008... INTRODUCTION
Noteworthy innovations in the field of economics over the past three decades, particularly in the field of institutional economics, have coincided with China's transformation from a relatively minor, centrally planned economy...
Risk, regulation and competition in banking and finance in transition economies: introduction to the symposium.(Report)
June 1, 2008... When the centrally planned economies of eastern Europe and the Soviet Union began transition to a market economy in the early 1990s, it was widely recognised that the system of banking and finance would play a pivotal role in the economic...
Inside the credit boom: competition, segmentation and information--evidence from the Serbian credit market.(Report)
June 1, 2008... INTRODUCTION
Banking systems in transition economies have some specific features and have been the subject of an extensive list of studies during the last two decades. These markets have experienced a rapid credit growth driven by...
Banking competition and efficiency: a micro-data analysis on the Czech banking industry.(Report)
June 1, 2008... INTRODUCTION
As banks play a fundamental role in the financing of the economy, banking competition exerts an impact on economic development. However, there are some potential negative effects of banking competition through excessive...
The search for value: cross-border bank M&A in emerging markets.(Report)
June 1, 2008... INTRODUCTION
We consider in this paper the post-1998 wave of cross-border bank mergers and acquisitions (M&A) activity involving purchases of ownership stakes at target banks in emerging market economies (EME) by large (international)...
The sequence of bank liberatisation: financial repression versus capital requirements in Russia.(Report)
June 1, 2008... INTRODUCTION
In this paper, we highlight one particular aspect of financial repression, namely the presence of high, but lowly compensated reserve requirements. Reserve requirements are widely used as a monetary policy tool aimed at...
Trade liberalisation and employment effects in Ukraine.(Report)
June 1, 2008... INTRODUCTION
The flexibility of labour markets is an essential feature of well-functioning market economies. Baldwin et al. (1998) and Davis and Haltiwanger (1992, 1999) report that in North America roughly one in every 10 jobs is created...
The S-curve in emerging markets.(Report)
June 1, 2008... INTRODUCTION
The relationship between trade balance and terms of trade or trade balance and real exchange rate continues to be of substantial interest in trade literature and by policy makers. There are three distinct methods of...