Working Paper
Privatization, Asset Distribution and Equity in Transitional Economies
The economies in transition are experiencing unique changes in the distribution of assets. The growth in the share of private ownership is occurring through the privatization of state-owned assets and through the birth of private firms. The changes...
Working Paper
Russian Transition - Chinese Reforms
The paper compares the Russian transition with the Chinese reforms. The concept and implications of 'transition' differ from those of 'reform'. Transition in its systemic understanding is considered as a change of the system, a shift to a new one...
Working Paper
Health Effects of Market-Based Reforms in Developing Countries
Radical and simultaneous economic reforms were implemented in many developing countries, especially in Africa, Asia and Latin America in the 1980s and early 1990s. Many of these reforms - structural adjustment programmes - were implemented with...
Working Paper
Spontaneous Privatization in the Soviet Union
Many Soviet state enterprises are changing their legal form. Permissive but imprecise legislation, policy paralysis at all levels of government, the breakdown of the state supply system, and continued excess demand, have allowed managers of state...
Working Paper
Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union
In transition economics, privatization seems to have two basic motivations: separation of politics from the economy, and better corporate governance. While different countries have emphasized such motivations to varying degrees, it is clear that none...
Working Paper
Regulation of Social Services in the Least Developed Countries
The privatization trend affecting the state involvement in productive sectors is also challenging the role of the state in the provision of social services. And, as private participation in social sectors increases, a regulatory framework is needed...
Working Paper
Kyrgyzstan
Kyrgyzstan is one of the poorer countries undergoing transition from a centrally planned to a market economy. Unlike its neighbour Uzbekistan, Kyrgyzstan followed a rather radical reform strategy, introduced liberal macroeconomic reforms and large...
Working Paper
The Determinants of Economic Performance in Transitional Economies
This paper reviews empirical evidence for key matters concerning new patterns of corporate governance and the determinants of economic performance in transitional economies. Many findings reported draw on new and unusual data for large samples of...
Working Paper
Entrepreneurship and Proprietorship in Transition
In this paper, the role of small and medium size enterprises in the economic transformation of the countries of Central Europe is assessed. It argues that although these fulfil an important role, they are less significant as agents of macroeconomic...