Benchmarking Structural Change in Transition
Author | : Martin Raiser |
Publisher | : |
Total Pages | : 64 |
Release | : 2003 |
Genre | : Europe, Eastern |
ISBN | : |
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Author | : Martin Raiser |
Publisher | : |
Total Pages | : 64 |
Release | : 2003 |
Genre | : Europe, Eastern |
ISBN | : |
Author | : Martin Raiser |
Publisher | : |
Total Pages | : |
Release | : 2003 |
Genre | : |
ISBN | : |
Author | : Ms.Era Dabla-Norris |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2013-07-31 |
Genre | : Business & Economics |
ISBN | : 1484332431 |
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture, manufacturing and services) for a panel of 168 countries over the period 1970-2010. The analysis points to large differences in sector shares both across and within regions as well as for countries at similar levels of economic development. Using both linear and quantile regression methods, it finds that a large proportion of the cross-country variation in sector shares can be accounted for by country characteristics, such as real GDP per capita, demographic structure, and population size. It also finds that policy and insitutional variables, such as product market reforms, openness to trade, human and physical capital, and finance improve the baseline model’s ability to account for the variation in sectoral shares across countries.
Author | : Kwang Suk Kim |
Publisher | : BRILL |
Total Pages | : 224 |
Release | : 2020-03-17 |
Genre | : History |
ISBN | : 1684172195 |
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
Author | : Paul J.J. Welfens |
Publisher | : Springer Science & Business Media |
Total Pages | : 290 |
Release | : 2005-12-06 |
Genre | : Political Science |
ISBN | : 3540285261 |
Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. The authors focus on sectoral adjustment across industries in catching-up countries and explain changes in the composition of output – this includes new aspects of the Chenery model. They describe and analyze the spatial pattern of specialization and adjustment in many countries. Theoretical and empirical analysis of foreign direct investment, innovation and structural change shed new light on economic dynamics in Old Europe and New Europe. As regards exchange rate dynamics both traditional aspects (such as the Balassa-Samuelson effect) and new approaches to understanding exchange rate developments are presented. Links between exchange rate changes and innovation are particularly emphasized.
Author | : Clifford Zinnes |
Publisher | : |
Total Pages | : 0 |
Release | : 2001 |
Genre | : |
ISBN | : |
This paper constructs an indicator for the current level of international competitiveness of countries in transition. We find that Hungary is the most competitive country in the group while Turkmenistan is the least. Competitiveness measurement, in our view, is a way to use uniform criteria to gauge the extent to which a country makes use of various levers to promote sustained improvements in its well-being. We construct our measure of competitiveness drawing upon both the popular literature on competitiveness as well as modern economic theory. The approach acknowledges the importance of synergies between firms, markets, and government and, above all, the crucial role of institutions. Our choice of variables stresses the special characteristics of transition countries. By bringing to bear all the existing data on these countries, together with new survey data collected for the purpose, we are able to go beyond the mere ranking of countries to decompose the sources of competitiveness into their constituent parts. This allows policy makers to identify areas where their countries are lagging behind relative to other countries in their region. Our indicator is also compatible with the Global Competitiveness Report series categories, thus allowing us to benchmark transition countries against the rest of the world.
Author | : Gergõ M. Lakatos |
Publisher | : Nova Publishers |
Total Pages | : 256 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 9781604560824 |
A transition economy is an economy which is changing from a planned economy to a free market. Transition economies undergo economic liberalisation (letting market forces set prices and lowering trade barriers), macroeconomic stabilisation where immediate high inflation is brought under control, and restructuring and privatisation in order to create a financial sector and move from public to private ownership of resources. These changes often may lead to increased inequality of incomes and wealth, dramatic inflation and a fall of GDP. Transition process is usually characterised by the changing and creating of institutions, particularly private enterprises; changes in the role of the state, thereby, the creation of fundamentally different governmental institutions and the promotion of private-owned enterprises, markets and independent financial institutions. This new book presents the latest research from around the world in this field.
Author | : Peter Luke |
Publisher | : Taylor & Francis |
Total Pages | : 505 |
Release | : 2012-07-26 |
Genre | : Business & Economics |
ISBN | : 1136909095 |
Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important aspects of economic transition, including: The initial conditions at the outset of transition Paradigms and patterns of transition The main transition policies and economic reforms The performance of transition countries and firms The lessons from transition The textbook covers a wide range of both contemporary microeconomic and macroeconomic issues, in over thirty ex-socialist European and Asian countries, including Russia and China. Transition Economics: Two Decades On is more than just a book about a particular part of the world or the transformation that was experienced at a particular time in history. The authors believe that the study of the economics of transition gives the reader an insight into theories, policies, reforms, legacies, institutions, processes and lessons that have application and relevance, beyond the specific transition from plan to market, to other parts of the world and to other times in history.
Author | : European Bank for Reconstruction and Development |
Publisher | : |
Total Pages | : 300 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 9781898802150 |
This is the 1999 edition of the EBRD's report on the progress of Central and European economies as they strive towards becoming market economies. The special theme of this edition is enterprise performance and growth.
Author | : Josef Langer |
Publisher | : Routledge |
Total Pages | : 174 |
Release | : 2017-12-04 |
Genre | : Business & Economics |
ISBN | : 1351151983 |
This book discusses change management paradigms with special reference to examples and cases from the transition societies in Central and Eastern Europe (CEE). The first chapter analyses developments and trends in the wider societal context of Central and Eastern Europe. Theoretical perspectives are applied to understand the processes of transition and EU accession in Central and Eastern Europe. Following the second and third chapters, the most frequently used tools and procedures of change management are analysed from the perspective of a CEE organization. The special advantage of the text to the potential readership is the integration of 'macro' (societal) and 'micro' (organizational) points of view towards understanding change. The text also provides real-life examples and perspectives of understanding and managing change from Central and Eastern Europe, which helps the reader to grasp the wider political, economic and societal context(s) of the CEE region.