This paper focuses on the experience of the transition countries of Central and Eastern Europe and Central Asia in providing adequate safety nets for the poor during the last 10 years. The paper discusses the problem of poverty and vulnerability – who were the poor, and how did the answer to this question change over the decade, it looks at the typical types of interventions offered by governme...

This paper analyzes the effects of political and economic institutions on efficiency of transition economies over the 1995-2005 period. Perpetual Inventory Method is used to construct capital series for these countries, and then stochastic production frontier analysis is used to estimate the efficiency scores and effects of institutions at the same time. The empirical results show that better i...

Introduction....................................................................................................................................................................... 2 Recent Experiences with Consolidation ...................................................................................................................... 4 Consolidation and the Costs of Delivering Government Ser...

This study’s goal is to investigate the areas for improvement in enterprise system (ES) adoption projects in transition economies, i.e. economies which are in transition from communist central planning system towards free market economy. On the basis of research conducted among 172 ES practitioners in Poland, an analysis based on grounded theory revealed 14 areas for improvement in ES adoptions...

Economic agents in the transition economies are subject to tight credit constraints, which are more pronounced during bad state of nature. Thus, adverse shocks to commodity prices in the world market can force them to reduce savings by a larger amount than they would otherwise have. Empirical analysis using a dynamic panel model and data from 21 transition economies confirm that most of the det...

We survey different strategies in the transition process, and investigate their role in growth prospects. Openness, exchange rate regimes and approaches to trade and capital market liberalisation are examined. Their role in facilitating the diffusion of new products and processes to transition economies is discussed. Policies toward openness and integration have an effect on the ability of econ...

Political Uncertainty and Crime in Transition Economies Two stylized facts are often used to characterize the economies in transition: an increase in the crime level and frequent government changes, where the party in power is replaced by another party with a different, and often opposite, ideological orientation. We investigate the impact on agents’ honesty when agents perceive the future form...

The paper discusses the design of environmental remediation laws in countries struggling with fundamental market and institutional reforms. Optimal cleanup standards, liability rules, and enforcement are discussed from the standpoint of both economic efficiency and practical implementation. Particular attention is paid to financing mechanisms and issues that arise during privatization.

Managing an information systems (IS) outsourcing relationship is regarded as a critical success factor in commercial practice. However, there has been limited academic research on how an IS outsourcing relationship is governed to ensure its success and a continuous relationship. In particular, it is challenging for companies to achieve such a feat in China due to the institutional instability o...