Comparative Economic Studies articles from March 2001

Comparative Economic Studies archives from March 2001

A Modification of the Production Function for Transition Economies Reflecting the Role of Institutional Factors.
March 22, 2001... I. Introduction In the last decade we have witnessed effort to revise conventional views on economic systems, growth, and the efficiency of production. To a large extent such a revision was triggered by transformation in Russia and other...

The Finance-Investment Link in a Transition Economy: Evidence For Poland From Panel Data.
March 22, 2001... JEL Classification: E22; F36; O16 Introduction Transition economies have experienced dramatic economic changes in the recent past. They are also facing formidable challenges in the near future. The prime example for the roller coaster...

The Bulgarian Currency Board.
March 22, 2001... JEL: F4, PO Bulgaria experienced a severe financial crisis in 1996 and early 1997. Several banks were closed, inflation reached hyperinflation levels and output declined sharply. During this period proposals were put forward to establish a...

Restructuring with What Success? A Case Study of Russian Firms.
March 22, 2001... JEL Classification: P2, L2, L33, P42 Little debate surrounds the proposition that former state-owned firms in Russia must restructure their organization and operations in order to survive the transition from a planned economy to a market...

E-money in Transitional Economies.
March 22, 2001... JEL Classifications: G29; 039; P29 I. Introduction During the 1990s, Countries in Transition -- CIT (former communist countries) have been reforming their payment systems in support of the transition of their financial and banking...