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Publications (15)
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– Recent Evidence and Trends
This paper examines the nature and extent of global and regional income distribution and inequality using the most recent country level data on income distribution drawn from World Bank and UNU-WIDER studies for the period 1993-2000. The methodology used is a recently developed technique to fit...
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This paper reviews Finnish economic history during the 'long' twentieth century with a special emphasis on policies for equity and growth. We argue that Finland developed from a poor, vulnerable, and conflict-prone country to a modern economy in part through policies geared at both growth and equity...
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– Lessons from Brazil
In the last twenty years, Brazil has undergone several attempts of improving sustainable growth through stabilization programmes, and more recently, structural reforms in line with the Washington Consensus Agenda. The results, however, have been disappointing, as the per capita output growth has...
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– A Spurious Controversy?
In the age of globalization, the question whether inequality in the world rose or fell down, is a hot topic. Leading scholars in the field of economic inequality measurement developed methods to estimate empirically the distribution of welfare (income) amongst world citizens. Despite their similar...
The relationship between growth and poverty lies at the heart of development economics. While many see aggregate growth as both necessary and sufficient for reducing poverty, and consequently focus their efforts on achieving the desired macroeconomic outcomes, others stress that the benefits from...
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In this paper we present two composite indices of globalization. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate which countries have become most globalized and show how globalization has developed over time. The...
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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