Quantifying price liberalization in Russia

Article Abstract:

Empirical evidence suggests that price liberalization in Russia has not resulted in full market integration. The time-series behavior of commodity prices in Russia during 1992-1995 and the correlation between the behavior of prices of similar goods within and across cities were analyzed to quantify the government's price liberalization program. While price liberalization gradually gathered momentum and prices generally reflected market conditions by first quarter of 1995, resistance to price reform persisted at the regional level.

Economic Programs, Administration of Economic Programs, Price Maintenance & Prodn Controls, Case studies, Laws, regulations and rules, Economic policy, Prices, Russia, Price control, Price regulations

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How far has trade integration advanced? An analysis of the actual and potential trade of three Central and Eastern European countries

Article Abstract:

Research into the equilibrium level of trade of the Czech Republic, Poland and Hungary is presented. There was found to be a clear reorientation of trade from east to west after 1993 in the Czech Republic and Hungary, but trade reorientation was not so visible for Poland.

Poland, Trade Relations, Brief Article, International trade, Czech Republic, Hungary, International economic relations, Trade policy

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