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Publications (7)
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– Assessing Progress in Countries and Sectors
This study gauges the status of transition in the formerly centrally planned economies of Eastern Europe and Central Asia, using a broad approach that compares countries with respect to their business environment, competition, and managerial practices; and assesses transition progress at the level...
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This study provides evidence that culture understood as values and beliefs moves very slowly. Despite massive institutional change, values and beliefs in transition countries have not changed much over the last 20 years. Evidence suggests that culture is affected by the long run historical past, in...
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– East Germany’s Economic Transition since 1989
The former German Democratic Republic underwent a unique post-communist transition because it was absorbed into the wealthy Federal Republic of Germany and has received massive subsidies. Nonetheless, serious difficulties have persisted, including higher unemployment, rapid deindustrialization, and...
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– The Case of Russia
Only recently, 20 years after transition to a market system, has Russia regained a similar production level it had achieved on the eve of transition in 1991. This may sound surprising, given its low productivity under central planning which dropped even lower during the last decades, and the rather...
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– Eastern Europe and the former Soviet Union over 2000-2007
During the socialist era the communist regime attempted to reduce development differentials among states and social classes. In contrast, during the last 20 years, the economies in transition experienced considerable divergence in the economic, social, demographic and political areas. As a result...
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– A Historical Perspective on Institutions and Uneven Development
This paper argues for an ‘ancient’ institutional school, predating Thorstein Veblen’s ‘old’ institutionalism. In this view, going back as far as the thirteenth century, institutions tended to be seen as specific to a mode of production. Here both institutions and development itself are context...
Working Paper
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– A Comparative Analysis of Mauritius, Botswana and Uganda
This paper examines the relationship between institution building and economic performance in Mauritius, Botswana and Uganda. The rationale for comparing these cases is simple. While the three have been super-economic stars in their own right, they have achieved substantially different outcomes...
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