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Publications (10)
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This paper analyzes the short-term effects of foreign capital flows on aggregate demand in Mexico: their magnitude, transmission channels, and the possible influence of the country’s choice of exchange rate regime. The study is motivated by the introduction of a floating system in December 1994, in...
Social structures undergo transformation with the transition to a market economy. This collection examines the role of inequality in the formation of economic elites and middle classes, as well as in the rise of poverty in transitional societies. Based on comparative analysis of social...
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Using panel data, this paper explores the effects of openness to international trade and foreign direct investment (FDI) on economic growth. Fixed-effect and adjusted fixed-effect (regional-effect) estimations yield results consistent with the hypothesis of conditional convergence. FDI has a...
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– An Analysis of Knowledge Diffusion in Academic Journals
The thought that the academy might function like a ‘market place for ideas’ has been influential in the economics of science and is increasingly so in the philosophy of science/economic methodology literature. This paper contributes to this literature by examining one respect in which the academy...
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– An Econometric Study
The objectives of this paper are to examine the impact of liberalization on trade deficits and current accounts for developing economies. Attempts at liberalization in trade could lead to an increase in imports in the short run and this could cause both trade and current account deficits in...
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The transition to a market economy in Eastern Europe and the Former Soviet Union (FSU) has been associated with greater inequality and social stratification. Living standards have fallen for the majority of people, unemployment and poverty are high, the distribution of assets and earnings has...
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– The Case of Kyrgyzstan 1993-97
The transition from plan to market has fundamentally transformed the social structure in Central and Eastern Europe and the Former Soviet Union. The small Central Asian Republic of Kyrgyzstan exemplifies these changes.Using data from nationally representative living standards measurement surveys in...
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Statistical and sociological evidence is gathered to display changes in social structure of the Czech society before and after 1989, with a special focus on economic inequalities. In the first part, frozen landscape of the communist regime is observed. Behind the facade of forced social homogeneity...
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– A Case Study of Social Stratification
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-scale privatization. Having laid major foundations...
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The paper finds that a new system of social stratification is emerging in rural China in the wake of economic reforms, one that is far less equal than what preceded it. As part of this trend, wealth inequality has increased markedly in a short period of time. A relatively equal distribution of land...
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