Tags → union


External Trade in the CIS Countries
May 15, 2007 09:50

The paper considers changes in both the composition and direction of external trade in the CIS countries since the dissolution of the Soviet Union.

Regional Integration and Trade-Related Technology Diffusion: The Case of Belarus
May 15, 2007 09:50

The article analyses the static and dynamic economic effects of Belarus’ participation in the CIS countries Customs Union in 1995-2000

A Common Currency for Belarus and Russia
May 15, 2007 09:50

This paper discusses costs, benefits, and implementation challenges of a possible currency union between Belarus and Russia.

A Fiscal Rule That Has Teeth: A Suggestion for a “Fiscal Sustainability Council»
May 15, 2007 09:51

The paper examines an efficient fiscal-policy framework for a monetary union.

Does the EU need a Better Fiscal Pact
May 15, 2007 09:51

This paper examines an efficient fiscal-policy framework for a monetary union.

Evaluation of National, Political and Institutional Influence in Consultation, Co-operation and Co-decision Procedures of the EU Decisoin-Making
May 15, 2007 09:51

This paper analyses models of consultation, co-operation and co-decision procedures in decision-making of the European Union institutions: Commission, Council of Ministers and European Parliament.

Flexible Integration and the Excessive Deficit Procedure in the EMU.
May 15, 2007 09:51

The paper analyses changes in European Union decision making rules reflecting new philosophy of flexible integration approved by the European Union Amsterdam summit in 1997.

Uneven Growth in a Monetary Union: on the Possible Implications for its Slow-Growing Members
May 15, 2007 09:53

This paper attempts to explore the basic implications of differences in productivity growth rates in countries within a monetary union and tailor them to the case of the EU new member countries running up to the EMU.

The Evolution of EU policy towards its CIS neighbours
May 15, 2007 09:53

This paper traces the evolution of the EU's policy towards the successor states to the Soviet Union from 1991 until the present.

East: ’if countries don’t act now, it’s going to be too late’
May 15, 2007 09:54

The publication is an interview with Gordon Betcherman, World Bank economist, who warns that if governments in Eastern Europe and the former Soviet Union will not institute reforms, they will face economic crisis because their populations are rapidly aging and shrinking at the same time.

Regional energy union: panacea from economic issues in Central Asia?
May 15, 2007 09:54

The article deals with recently signed memorandum of understanding among Tajikistan, Kyrgyzstan, Afghanistan and Pakistan, which more likely means expansion of cooperation in the sphere of energy between Central and South Asia.

What do Russians think about transition?
May 15, 2007 09:54

How do Russians assess the past 16 years since the collapse of the Soviet Union and what is their outlook for the future? According to new research commissioned by the EBRD to assess public attitudes toward transition, Russians most prize the economic and political stability the country currently enjoys. What worries them the most: low living standards, corruption and the decline in health care and education.

Benchmarking structural change in transition
May 15, 2007 09:54

The transition to market-based economic systems in the countries of central and eastern Europe and the former Soviet Union involves fundamental shifts in the allocation of resources and deep changes in the structure of production and employment. This paper uses a simple model of economic development and structural change with technology spillovers to benchmark structural change in the transition economies and simulate the path of adjustment from central planning. We then analyse data from 10 accession candidates and 12 CIS countries to measure the progress in structural change that has taken place thus far and to assess the further structural changes that should be expected, with particular attention to the implications for accession.

The energy intensity of transition countries
May 16, 2007 14:41

This paper decomposes energy data and uses panel data to identify the main factors driving improvements in energy intensity. It shows that energy prices and progress in enterprise restructuring are the two most important drivers for more efficient energy use.

Nature’s blessing or nature’s curse: the political economy of transition in resource-based economies
May 16, 2007 14:41

The 15 newly independent states that emerged from the breakdown of the Soviet Union are now celebrating their 10th anniversary of independence. This paper looks back over the first decade and draws some lessons from the experience made to date. It focuses on the energy-rich states of the Commonwealth of Independent States (CIS), namely Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan (AKTU for short) and contrasts their development to that in the resource-poor countries at the CIS periphery. The main argument of the paper is that far from being a blessing that would have allowed resource-rich countries to cushion the impact of reforms and thus make faster progress, resource rents have often been wasted or appropriated by the ruling elites.

Ten years after: what is special about transition countries?
May 16, 2007 14:41

Most countries commonly classified as ‘in transition’ are still recognisably different in some respects from other countries with a similar income per capita: a larger share of their workforce is in industry, they use more energy, they have a more extensive infrastructure and invest more in schooling. However, in terms of the ‘software’ necessary for a market economy, two groups emerge: the countries that are candidates for EU membership seem to have partly completed the transition. By contrast, the countries from the former Soviet Union that form the CIS and the South-eastern European (SEE) countries, are still largely lagging behind in terms of the enforcement of property rights and the development of financial markets.

Gender dimensions of pension reform in the Former Soviet Union
January 2, 2008 15:27

The authors analyze the gender implications of pension reform in Kazakhstan, the Kygyz Republic, Latvia, and Moldova. The new systems deliberately penalize early retirement and reward longer careers, so that with no change in behavior or policy, women's pensions will be lower than men's on average.

Disintegration and trade flows : evidence from the Former Soviet Union
January 2, 2008 15:51

The authors study the effects of trade barriers and the persistence of past linkages on trade flows in the former Soviet Union. Estimating a gravity equation on trade among and between nine Russian regions and 14 former Soviet republics, they find that Russian regions traded 60 percent more with each other than with republics in the reform period (1994-96).

The Development of Credit Unions in Belarus
January 18, 2008 16:36

This paper deals with the development of credit unions in Belarus. Our analysis reveals that inadequate regulation is currently the major problem hampering the development of this type of financial institution. Therefore the paper focuses especially on ways of introducing better standards for the reliable operation of credit unions, and looks at the optimal balance between prudential and non-prudential norms of regulation.