Publications

This reports contains the results of comparative research in Poland, Slovenia and the Czech Republic from 1999–2001. The authors investigate the evolution of ownership structure in firms privatized th...chevron_right

This paper contains the results of research conducted in Slovenia in 2000–2001, measuring the performance of enterprises and assessing post-privatization changes. The authors evaluate the effectivenes...chevron_right

This report is a cross-country comparison of secondary privatization in the transitioning economies of Poland, Slovenia and the Czech Republic from 1995-1999. The authors argue that secondary ownershi...chevron_right

This report contains the results of research undertaken in Poland to investigate secondary ownership changes in enterprises involved in special privatization schemes such as mass privatization or mana...chevron_right

This report describes the 1990-1997 transition period in the banking sector in Poland and the conditions inherited from the centralist regime of the command economy. The authors analyze macroeconomic ...chevron_right

This report explores currency crises in Bulgaria, Russia, Ukraine, Moldova and Turkey in the late 1990s. It reviews the domestic financial crisis in Bulgaria and the international spreading of the Rus...chevron_right

This report offers a theoretical model to assess exchange rate policies used by transitioning economies in their stabilization programs in the 1990s. The authors present the model, draw conclusions fr...chevron_right

This report explores changes to companies undergoing privatization in transition countries and the Czech Republic in particular. It focuses on the economic outcomes of voucher privatization and discus...chevron_right

This report contrasts currency crises in Latin America, Southeast Asia and Eastern Europe. It investigates the links between real exchange rate overvaluation, current account deficit and currency cris...chevron_right

This paper presents a formal study of how risk aversion can be applied to the analysis of international trade. It seeks to illustrate, amongst other things, that risk-averse firms operating in perfect...chevron_right

Financial sector development in Central and Eastern Europe has proved to be a very dramatic process characterized by some well trumpeted success stories but even more so by many unexpected collapses o...chevron_right

Foreign direct investment (FDI) brings host countries capital, productive facilities, and technology transfers, as well as new jobs and management expertise. Thus it is important to understand why in ...chevron_right

The purpose of this study is to:– a) describe and evaluate the fiscal dimension of the privatization process in Bulgaria and Poland, b) conduct a cross-country comparison of the fiscal effects of priv...chevron_right

The subject of the paper is the experiences relating to pension fund regulations from the point of view of their safety of operations in five countries of Central and Eastern Europe. The cases are ana...chevron_right

This paper re-examines the theoretical and empirical links between currency crises and fiscal imbalances, particularly in transition economies. The empirical research indicates that in developing and ...chevron_right