Direct foreign investment and welfare in the transforming economies: the case of Central Asia

Article Abstract:

Foreign investment in transition economies, particularly that of a Central- Asian-type trade regime with practices of low import restrictions and high export taxes, weakens welfare. It is suggested, therefore, that these Central Asian economies should remove subsidies and improve their trade policies, thereby allowing direct foreign investment to come into the country.

Author: Devereux, John, Roberts, Bryan
Foreign investments, Central Asia

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Macroeconomic convergence in transition countries

Article Abstract:

Research is presented concerning the use of macroeconomic fundamentals to investigate the performance of transition economies in Eastern and Central European countries. Economic convergence among the countries is discussed.

Author: Kocenda, Evzen
Statistical Data Included, Research, Central Europe, Macroeconomics, International economic integration, Economic integration, Convergence (Mathematics)

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Product market competition in transition economies: increasing varieties and consumer loyalty

Article Abstract:

The restructuring of companies previously owned by the state is needed in transition economies when they are opened to free trade.

Author: Adachi, Mitsutishi
Europe, Free trade, Government ownership, Nationalization

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Subjects list: Economic aspects, Economics, Eastern Europe
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