scholarly journals The growing export performance of transition economies: EU market access versus supply capacity factors

2011 ◽  
Vol 58 (4) ◽  
pp. 489-509 ◽  
Author(s):  
Joze Damijan ◽  
Matija Rojec ◽  
Maja Ferjancic

The paper examines the reasons for the remarkable growth of transition economies? export performance. We distinguish between foreign/EU market access and internal supply capacity factors. EU market access has been of great importance, while among supply capacity factors, stable institutional setup, structural reforms, and targeted FDI are in the forefront.








1996 ◽  
Vol 10 (2) ◽  
pp. 45-66 ◽  
Author(s):  
Stanley Fischer ◽  
Ratna Sahay ◽  
Carlos A Végh

The authors analyze the growth and stabilization experience in twenty-six transition economies in Eastern Europe, the former Soviet Union, and Mongolia for the period 1989-94. Inflation rates have declined significantly in most countries following an inflation stabilization program. Typically, stabilization has been followed by growth within two years; and growth does not occur without stabilization. Reducing inflation thus appears to be a precondition for growth. An econometric analysis of the short-run determinants of inflation and growth illustrates the key roles of fixed exchange rates, improved fiscal balances, and structural reforms in spurring growth and lowering inflation.



2000 ◽  
Vol 00 (132) ◽  
pp. 1 ◽  
Author(s):  
George T. Abed ◽  
Hamid Reza Davoodi ◽  
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