Tags → adjustment


Determining Factors of Competitiveness of Trade and Specialization of Czech Industrial Sector before the EU Accession.
May 15, 2007 09:51

This paper discusses and estimates the factors of growth and structural adjustment in small open economies in transition.

Alternative paths to structural adjustment in Uzbekistan in a three-gap framework
December 3, 2007 17:07

The author presents an internally consistent macroeconomic framework that could be used as a first step toward a more comprehensive, quantitative and qualitative assessment of the adjustment alternatives facing Uzbekistan. The three-gap framework focuses on the major imbalances of the economy for evaluating policy choices facing Uzbekistan. It emphasizes the domestic, and external factors that determine economic outcomes, and welfare.