Publications

Monetary policy and inflation in Georgia in the years 1996-1998 are the subject of this paper. As it is written in the middle of 1997, the discussed period is in a natural way divided into two parts: ...chevron_right

This paper explores the methods that the Ukrainian government is developing to minimize the probability of a systemic banking crisis. Authors argue that with highly lucrative existing sources of incom...chevron_right

This article assesses the recent economic reforms undertaken in Kyrgyzstan, where the collapse of the USSR and the breakdown of command and control mechanisms of the central planning system opened up ...chevron_right

This paper discusses the various economic reforms taken place in George the last couple of decades. In terms of structural reforms, the authors investigate the appropriate incentive framework for the ...chevron_right

This paper discusses the first wave of privatization in Mongolia and the development of its capital market, and is divided into four parts: The first part discusses the first wave of privatization. Se...chevron_right

This study examines adjustments to the exchange rate system in Poland's transitional economy, and emphasizes the relative advantage of flexible exchange rates over the currency peg. It is argued that ...chevron_right

This paper reviews the rapid development of the Kazakhstani banking system between 1991 and 1996. It analyzes the impact of legislation on this expansion and the emergence of a two-tier banking system...chevron_right

This paper provides a comprehensive study of Georgia's macroeconomic transition until 1996. It explores taxation, budgetary policy, patterns of trade, monetary policy and the institutional framework. ...chevron_right

This paper finds that the scope of privatization in Kazakhstan has been restricted. Fifty-nine per cent of all state equity is in private ownership, most of which are small enterprises. The author lam...chevron_right

This paper describes the developments in the Czech public health system after the 1991 reform. The massive payment problems of health insurance companies became evident in the second half of 1995; the...chevron_right

This paper describes social policy in post-socialist European transition economies and finds that institutional reforms are short-sighted and not systemic. Restriction of social services, the underdev...chevron_right

This paper explores the tax system in Central European transition economies and urges to undertake further reforms. Thus far, these countries have adjusted tax revenue patterns towards those of high s...chevron_right

This paper reviews the consolidated budgets of CIS countries in an attempt to reveal a few tendencies in post-soviet fiscal policy. It also evaluates possible spheres of further research and technical...chevron_right

This paper describes the nature of fiscal stance in post-socialist countries and argues that the proper evaluation of the fiscal crises in transition countries necessitates to complement traditional i...chevron_right

This paper summarizes the history of privatization in Russia during the economic transition. It presents management-employee buyouts, mass privatization and the voucher system between 1992 and 1994, a...chevron_right