Accessible Pareto-Improvements: Using Market Information to Reform Inefficiencies [PDF]
, 2001 We study Pareto improvements whose implementation requires knowledge of only market prices and traded quantities, not utility and demand functions. Quantity stabilizations (for example, the Lau, Qian, and Roland model of dual-track reform) give agents ...
Mandler, Michael
core +2 more sources
Pitfalls in the European Enlargement Process: Financial Instability and Real Divergence [PDF]
Many of the EU accession countries have announced that they will not only try to enter the EU as quickly as possible but also to adopt the euro at an early date.
Wagner, Helmut
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After the Big Bang? Obstacles to the emergence of the rule of law in post-communist societies [PDF]
With the collapse of communism in Eastern Europe and the Soviet Union in 1989-91, many economic reformers supported"Big Bang"privatization-the rapid transfer of state-owned enterprises to private individuals.
Hoff, Karla, Stiglitz, Joseph E.
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Reform of the Japanese Banking System [PDF]
Japan has experienced a decade-long economic stagnation with a distressed banking sector in the 1990s. The absence of a credit culture to rigorously assess and price credit risks of borrowers, aggravated by weak prudential and supervisory frameworks, in ...
Masahiro Kawai
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Transforming state enterprises in Poland : macroeconomic evidence on adjustment [PDF]
Basing their report on repeat visits in late 1992 to 75 large state-owned manufacturing enterprises (which had been earlier surveyed in mid-1991), the authors present optimistic new evidence about the transformation of state-owned enterprises in Poland ...
Belka, Marek +2 more
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When Did Globalization Begin? [PDF]
Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the Americas in search of spices) and 1498 (Vasco da Gama makes an end run around Africa and snatches monopoly rents away from the Arab and ...
Jeffrey G. Williamson, Kevin H. O'Rourke
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Large-scale transformation of socio-economic institutions - comparative case studies on CEECs: background paper 2: comparative country study - Hungary [PDF]
, 2013 The general idea is to follow the Varieties-of-Capitalism literature on generating indicators on the economic systems actually implemented. However, this literature mostly concentrates on the enterprise (or micro) level in traditional OECD countries ...
Orosz, Ágnes
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Output decline in Hungary and Poland in 1990-91 : structural change and aggregate shocks [PDF]
The authors try to distinguish between general and national features in explaining the impulse, transmission channels, and path of output decline in Hungary and Poland.
Commander, Simon, Coricelli, Fabrizio
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Between Russia and China - Central Asia’s Transition Experience [PDF]
The differences in chosen transition paths as well as the resulting outcomes between Russia and China are well-documented. Similarly, the Central Asian republics have followed different transition paths despite similar initial conditions. Kazakhstan, the
Andreas Zeitler
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The Big Bang in the Japanese Financial Markets
TRENDS IN THE SCIENCES, 1998 openaire +2 more sources