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Publications (19)
Research by the United Nations University World Institute for Development Economics Research shows that the small enterprise sector by itself will not create successful economic growth. Without supporting local-level institutions, a surrounding context of successful large enterprises and...
Journal Article
The Russian Federation inherited a fairly well-developed, mature educational system from the Soviet Union. Most school-age children had access to general education; literacy was almost universal. Transition exposed weaknesses in this system tailored to the needs of a centrally planned economy...
Working Paper
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The paper analyses the small- and medium-sized enterprise sector in Poland, seeking to answer the question of whether SME development along current lines is sufficient to assure the sustainable development of the Polish economy. Of the many aspects traditionally ascribed to the SME sector, the most...
Working Paper
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– NEP, NEM and TVE
This Working Paper discusses mixed systems in which SMEs functioned successfully in the presence of extensive state ownership of large enterprises and even classical central planning. Past and present examples are considered in which a small enterprise system worked around, with, and in the...
Working Paper
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– Policy Implications for the Small- and Medium-Size Enterprise Sector
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 transformation than the re-structuring of large...
Working Paper
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– The Case of Hungary with Russian Implications
This paper analyses the Hungarian experience with SMEs development by highlighting the factors and policies that explain the sector features and dynamics and utilizes this experience to suggest an interpretation of the striking differences with Russian SMEs. The case of Hungary is particularly...
Working Paper
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Since 1992 a series of radical and successful reforms of their ownership and governance structures have been conducted by China's small and medium enterprises (SMEs). Innovative arrangements such as 'joint-stock co-operatives', 'joint-stock partnerships', 'grafted joint ventures' and 'small...
Working Paper
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This study presents an up-to-date survey of the comparison issue between state-owned enterprises (SOEs) and township and village enterprises (TVEs) in China. Although TVEs are disadvantaged in areas such as technology, labour skills, education levels of staff, access to bank loans and government...
Working Paper
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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 of the privatization methods chosen is...
Working Paper
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– Projects, Problems and Prospects
North Korea's economic reform began in the mid-1980s. It was motivated by the increasing seriousness of the problems typical of centrally planned socialist economies.In general, the country's reforms have so far been limited both in scope and depth. This is a main cause of the escalation of economic...
Working Paper
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– the Roles of Ownership, Incentives and Restructuring
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 firms in the Baltic Republics, Russia and Bulgaria...
Working Paper
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– An Alternative Transition Path
This paper examines the nature of the unorthodox ownership and governance structures that are emerging among firms and the way these structures are supporting the remarkable economic growth in the transition economies of East Asia, as represented in particular by China and Vietnam. These economies...
Working Paper
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– Transition as a Socialist Project in East Asia
In analyzing Viet Nam's recent economic adjustments, this paper attempts to distinguish events and policies that are properly assigned to the transition effort (defined as the process of increasing the market determination of economic outcomes) and those more properly associated with economic...
Working Paper
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– Policy versus Non-Policy Factors
All centrally planned economies suffered from over-investment. Due to low capital productivity, reasonable growth rates in output could be maintained only with high investment/GDP ratios. Nevertheless, the sharp reduction in investment during transformational recession and its slow growth during...
Working Paper
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– Old Myths, Hard Facts and New Strategies in the Successful Transformation of the Polish Economy
In 1994-97 Poland has recorded an outstanding economic performance in terms of GDP growth, simultaneous reduction of inflation and unemployment, fiscal balance, zloty real revaluation, capacity restructuring, private sector growth and institution building. The Polish success needed a market...
Displaying 16 of 19 results