The Second Transition: Eastern Europe in Perspective
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Chinn, Menzie D. & Ito, Hiro, 2006.
"What matters for financial development? Capital controls, institutions, and interactions,"
Journal of Development Economics, Elsevier, vol. 81(1), pages 163-192, October.
- Menzie D. Chinn & Hiro Ito, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," NBER Working Papers 11370, National Bureau of Economic Research, Inc.
- Chinn, Menzie David & Ito, Hiro, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," Santa Cruz Department of Economics, Working Paper Series qt5pv1j341, Department of Economics, UC Santa Cruz.
- Chinn,M.D. & Ito,H., 2005. "What matters for financial development? : capital controls, institutions, and interactions," Working papers 4, Wisconsin Madison - Social Systems.
- Chinn, Menzie David & Ito, Hiro, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," Santa Cruz Center for International Economics, Working Paper Series qt5pv1j341, Center for International Economics, UC Santa Cruz.
- Benjamin F. Jones & Benjamin A. Olken, 2008.
"The Anatomy of Start-Stop Growth,"
The Review of Economics and Statistics, MIT Press, vol. 90(3), pages 582-587, August.
- Benjamin F. Jones & Benjamin A. Olken, 2005. "The Anatomy of Start-Stop Growth," NBER Working Papers 11528, National Bureau of Economic Research, Inc.
- Ms. Susan M Schadler & Mr. Pipat Luengnaruemitchai, 2007. "Do Economists’ and Financial Markets’ Perspectives on the New Members of the EU differ?," IMF Working Papers 2007/065, International Monetary Fund.
- Stefania Fabrizio & Ashoka Mody, 2006. "Can budget institutions counteract political indiscipline? [‘Constitutions, politics, and economics’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(48), pages 690-739.
- Sabine Herrmann & Adalbert Winkler, 2009.
"Financial markets and the current account: emerging Europe versus emerging Asia,"
Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(3), pages 531-550, October.
- Herrmann, Sabine & Winkler, Adalbert, 2008. "Financial markets and the current account: emerging Europe versus emerging Asia," Discussion Paper Series 1: Economic Studies 2008,05, Deutsche Bundesbank.
- repec:oup:ecpoli:v:21:y:2006:i:48:p:689-739 is not listed on IDEAS
- Dani Rodrik, 2008. "The Real Exchange Rate and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 365-439.
- Herrmann, Sabine & Winkler, Adalbert, 2009.
"Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia,"
The North American Journal of Economics and Finance, Elsevier, vol. 20(2), pages 100-123, August.
- Winkler, Adalbert & Herrmann, Sabine, 2008. "Real convergence, financial markets and the current account - emerging Europe versus emerging Asia," Occasional Paper Series 88, European Central Bank.
- Sabine Herrmann & Adalbert Winkler, 2009. "Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia," European Economy - Economic Papers 2008 - 2015 362, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- William Easterly, 2007. "Was Development Assistance a Mistake?," American Economic Review, American Economic Association, vol. 97(2), pages 328-332, May.
- Ricardo Hausmann & Lant Pritchett & Dani Rodrik, 2005.
"Growth Accelerations,"
Journal of Economic Growth, Springer, vol. 10(4), pages 303-329, December.
- Rodrik, Dani & Hausmann, Ricardo & Pritchett, Lant, 2004. "Growth Accelerations," CEPR Discussion Papers 4538, C.E.P.R. Discussion Papers.
- Hausmann, Ricardo & Pritchett, Lant & Rodrik, Dani, 2004. "Growth Accelerations," Working Paper Series rwp04-030, Harvard University, John F. Kennedy School of Government.
- Ricardo Hausmann & Lant Pritchett & Dani Rodrik, 2004. "Growth Accelerations," NBER Working Papers 10566, National Bureau of Economic Research, Inc.
- Eswar S. Prasad & Raghuram G. Rajan & Arvind Subramanian, 2006. "Patterns of international capital flows and their implications for economic development," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 119-158.
- Mr. Ashoka Mody & Ms. Stefania Fabrizio, 2006. "Can Budget Institutions Counteract Political Indiscipline?," IMF Working Papers 2006/123, International Monetary Fund.
- Herrmann, Sabine & Winkler, Adalbert, 2009.
"Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia,"
The North American Journal of Economics and Finance,
Elsevier, vol. 20(2), pages 100-123, August.
- Sabine Herrmann & Adalbert Winkler, 2008. "Real convergence, financial markets, and the current account – Emerging Europe versus emerging Asia," Occasional Paper Series 88, European Central Bank.
- Sabine Herrmann & Adalbert Winkler, 2009. "Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia," European Economy - Economic Papers 2008 - 2015 362, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Mr. Ashoka Mody & Ms. Stefania Fabrizio, 2008. "Breaking the Impediments to Budgetary Reforms: Evidence from Europe," IMF Working Papers 2008/082, International Monetary Fund.
- Mr. Ashoka Mody & Ms. Deniz O Igan & Ms. Stefania Fabrizio, 2007. "The Dynamics of Product Quality and International Competitiveness," IMF Working Papers 2007/097, International Monetary Fund. Full references (including those not matched with items on IDEAS)
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:- Mevlud Islami & Paul Welfens, 2013. "Financial market integration, stock markets and exchange rate dynamics in Eastern Europe," International Economics and Economic Policy, Springer, vol. 10(1), pages 47-79, March.
- Daniela Gabor, 2011. "Paradigm shift? A critique of the IMF’s new approach to capital controls," Working Papers 1109, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
- Daniela Gabor, 2012. "Managing Capital Accounts in Emerging Markets: Lessons from the Global Financial Crisis," Journal of Development Studies, Taylor & Francis Journals, vol. 48(6), pages 714-731, June.
- Marcin, Piatkowski, 2009. "The Coming Golden Age of New Europe," MPRA Paper 19523, University Library of Munich, Germany.
- Benoit Dicharry & Lubica Stiblarova, 2023. "Positive externalities of the EU cohesion policy: Toward more synchronised CEE countries?," International Economics and Economic Policy, Springer, vol. 20(3), pages 485-508, July.
- Adalbert Winkler, 2012.
"The Financial Crisis: A Wake-up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?,"
Chapters, in: Masahiro Kawai & David G. Mayes & Peter Morgan (ed.), Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia, chapter 7,
Edward Elgar Publishing.
- Winkler, Adalbert, 2010. "The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," ADBI Working Papers 199, Asian Development Bank Institute.
- Adalbert Winkler, 2010. "The Financial Crisis : A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Finance Working Papers 22022, East Asian Bureau of Economic Research.
- Adalbert Winkler, 2010. "The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Working Papers id:3021, eSocialSciences.
- Friedrich, Christian & Schnabel, Isabel & Zettelmeyer, Jeromin, 2013.
"Financial integration and growth — Why is Emerging Europe different?,"
Journal of International Economics, Elsevier, vol. 89(2), pages 522-538.
- Christian Friedrich & Isabel Schnabel & Jeromin Zettelmeyer, 2010. "Financial Integration and Growth -Is Emerging Europe Different?," Working Papers 1013, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, revised 17 Nov 2010.
- Schnabel, Isabel & Zettelmeyer, Jeromin & Friedrich, Christian, 2010. "Financial Integration and Growth - Is Emerging Europe Different?," CEPR Discussion Papers 8137, C.E.P.R. Discussion Papers.
- Dumitriu, Ramona & Stefanescu, Răzvan, 2016. "Strategic decisions on industrialization: case of Galati Steel Works," MPRA Paper 89007, University Library of Munich, Germany, revised 2016.
- Karsten Staehr, 2018.
"Capital flows and growth dynamics in Central and Eastern Europe,"
Post-Communist Economies, Taylor & Francis Journals, vol. 30(1), pages 1-18, January.
- Karsten Staehr, 2017. "Capital flows and growth dynamics in Central and Eastern Europe," Bank of Estonia Working Papers wp2016-10, Bank of Estonia, revised 06 Feb 2017.
- Ruben Atoyan, 2010. "Beyond the crisis: revisiting emerging Europe’s growth model," Financial Theory and Practice, Institute of Public Finance, vol. 34(4), pages 329-356.
- Daniela Veronica Gabor, 2012. "The Road to Financialization in Central and Eastern Europe: The Early Policies and Politics of Stabilizing Transition," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 227-249, April.
- Emil Panusheff, 2011. "The effect of the milieu and the financial crisis on the economic stability of the EU Member States," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 64-80.
- Bruno Dallago, 2009. "Analysis, interpretation, and the local dimension of economic transformation: What went wrong and why?," Openloc Working Papers 0913, Public policies and local development.
- Karsten Staehr, 2010. "Income convergence and inflation in Central and Eastern Europe : does the sun always rise in the East," Bank of Estonia Working Papers wp2010-04, Bank of Estonia, revised 22 Mar 2010.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Herrmann, Sabine & Winkler, Adalbert, 2009.
"Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia,"
The North American Journal of Economics and Finance, Elsevier, vol. 20(2), pages 100-123, August.
- Winkler, Adalbert & Herrmann, Sabine, 2008. "Real convergence, financial markets and the current account - emerging Europe versus emerging Asia," Occasional Paper Series 88, European Central Bank.
- Sabine Herrmann & Adalbert Winkler, 2009. "Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia," European Economy - Economic Papers 2008 - 2015 362, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Comunale, Mariarosaria, 2022.
"A panel VAR analysis of macro-financial imbalances in the EU,"
Journal of International Money and Finance, Elsevier, vol. 121(C).
- Mariarosaria Comunale, 2017. "A panel VAR analysis of macro-financial imbalances in the EU," Bank of Lithuania Working Paper Series 40, Bank of Lithuania.
- Comunale, Mariarosaria, 2017. "A panel VAR analysis of macro-financial imbalances in the EU," Working Paper Series 2026, European Central Bank.
- Richard Bluhm & Denis de Crombrugghe & Adam Szirmai, 0.
"Do Weak Institutions Prolong Crises? On the Identification, Characteristics, and Duration of Declines during Economic Slumps,"
The World Bank Economic Review, World Bank, vol. 34(3), pages 810-832.
- Bluhm R & Crombrugghe D.P.I. de & Szirmai A., 2013. "Do weak institutions prolong crises? : On the identification, characteristics, and duration of declines during economic slumps," MERIT Working Papers 2013-069, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Richard Bluhm & Denis de Crombrugghe & Adam Szirmai, 2014. "Do Weak Institutions Prolong Crises? On the Identification, Characteristics, and Duration of Declines during Economic Slumps," CESifo Working Paper Series 4594, CESifo.
- Bluhm,Richard & de Crombrugghe,Denis & Szirmai,Adam, 2020. "Do Weak Institutions Prolong Crises ? On the Identification, Characteristics, and Duration of Declines During Economic Slumps," Policy Research Working Paper Series 9127, The World Bank.
- Jakob de Haan & Kersten Stamm & Shu Yu, 2024. "Drivers of Investment Accelerations," CESifo Working Paper Series 11100, CESifo.
- Anton Jevcak & Ralph Setzer & Massimo Suardi, 2010. "Determinants of Capital Flows to the New EU Member States Before and During the Financial Crisis," European Economy - Economic Papers 2008 - 2015 425, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Bruno Albuquerque, 2012.
"Fiscal institutions and public spending volatility in Europe,"
Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
- Albuquerque, Bruno, 2011. "Fiscal institutions and public spending volatility in Europe," Economic Modelling, Elsevier, vol. 28(6), pages 2544-2559.
- Bruno Albuquerque, 2010. "Fiscal Institutions and Public Spending Volatility in Europe," Working Papers w201017, Banco de Portugal, Economics and Research Department.
- Kai Chen & Dongwon Lee, 2023. "Commodity currency reactions and the Dutch disease: the role of capital controls," Empirical Economics, Springer, vol. 65(5), pages 2065-2089, November.
- Matthieu Bussière & Emilia Pérez‐Barreiro & Roland Straub & Daria Taglioni, 2011.
"Protectionist Responses to the Crisis: Global Trends and Implications,"
The World Economy,
Wiley Blackwell, vol. 34, pages 826-852, May.
- Bussière, Matthieu & Pérez-Barreiro, Emilia & Straub, Roland & Taglioni, Daria, 2010. "Protectionist responses to the crisis – global trends and implications," Occasional Paper Series 110, European Central Bank.
- Bussière, M. & Pérez-Barreiro, E. & Straub, R. & Taglioni, D., 2011. "Protectionist Responses to the Crisis: Global Trends and Implications," Working papers 319, Banque de France.
- Sabine Herrmann, 2009.
"Do We Really Know That Flexible Exchange Rates Facilitate Current Account Adjustment? Some New Empirical Evidence for CEE Countries,"
Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 55(4), pages 295-312.
- Herrmann, Sabine, 2009. "Do we really know that flexible exchange rates facilitate current account adjustment? Some new empirical evidence for CEE countries," Discussion Paper Series 1: Economic Studies 2009,22, Deutsche Bundesbank.
- Dubravko Mihaljek, 2008. "The financial stability implications of increased capital flows for emerging market economies," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial globalisation and emerging market capital flows, volume 44, pages 11-44, Bank for International Settlements.
- Diego Bastourre & Luis Casanova & Alejo Espora, 2011. "Tipo de Cambio Real y Crecimiento: Síntesis de la Evidencia y Agenda de Investigación," Department of Economics, Working Papers 082, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
- Orszaghova, Lucia & Savelin, Li & Schudel, Willem, 2013. "External competitiveness of EU candidate countries," Occasional Paper Series 141, European Central Bank.
- Habib, Maurizio Michael & Mileva, Elitza & Stracca, Livio, 2017.
"The real exchange rate and economic growth: Revisiting the case using external instruments,"
Journal of International Money and Finance, Elsevier, vol. 73(PB), pages 386-398.
- Stracca, Livio & Mileva, Elitza & Habib, Maurizio Michael, 2016. "The real exchange rate and economic growth: revisiting the case using external instruments," Working Paper Series 1921, European Central Bank.
- Smith, Constance E., 2011.
"External balance adjustment: An intra-national and international comparison,"
Journal of International Money and Finance, Elsevier, vol. 30(6), pages 1195-1213, October.
- Smith, Constance, 2011. "External Balance Adjustment: An Intra-National and International Comparison," Working Papers 2011-13, University of Alberta, Department of Economics.
- Jarko Fidrmuc & Reiner Martin, 2011. "FDI, Trade and Growth in CESEE Countries," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 70-89.
- Nouira, Ridha & Plane, Patrick & Sekkat, Khalid, 2011.
"Exchange rate undervaluation and manufactured exports: A deliberate strategy?,"
Journal of Comparative Economics, Elsevier, vol. 39(4), pages 584-601.
- Ridha Nouira & Patrick Plane & Khalid Sekkat, 2010. "Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?," Working Papers 510, Economic Research Forum, revised 03 Jan 2010.
- SEKKAT & Patrick PLANE & Ridha NOUIRA, 2011. "Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?," Working Papers 201125, CERDI.
- Ridha Nouira & Patrick Plane & K. Sekkat, 2011. "Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?," Working Papers halshs-00617573, HAL.
- Patrick Plane & Ridha Nouira & K Sekkat, 2010. "Exchange Rate Undervaluation And Manufactured Exports: A Deliberate Strategy?," Post-Print halshs-00673445, HAL.
- Patrick Plane & Ridha Nouira & K Sekkat, 2011. "Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?," Post-Print halshs-00666945, HAL.
- Ridha Nouira & Patrick Plane & K. Sekkat, 2011. "Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?," CERDI Working papers halshs-00617573, HAL.
- Adalbert Winkler, 2012.
"The Financial Crisis: A Wake-up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?,"
Chapters, in: Masahiro Kawai & David G. Mayes & Peter Morgan (ed.), Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia, chapter 7,
Edward Elgar Publishing.
- Winkler, Adalbert, 2010. "The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," ADBI Working Papers 199, Asian Development Bank Institute.
- Adalbert Winkler, 2010. "The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Working Papers id:3021, eSocialSciences.
- Adalbert Winkler, 2010. "The Financial Crisis : A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Finance Working Papers 22022, East Asian Bureau of Economic Research.
- Sawadogo, Pegdéwendé Nestor, 2020.
"Can fiscal rules improve financial market access for developing countries?,"
Journal of Macroeconomics, Elsevier, vol. 65(C).
- Pegdéwendé Nestor Sawadogo, 2019. "Can fiscal rules improve financial markets access for developing countries ?," CERDI Working papers halshs-02364840, HAL.
- Pegdéwendé Nestor Sawadogo, 2020. "Can fiscal rules improve financial market access for developing countries?," Post-Print hal-02884580, HAL.
- Pegdéwendé Nestor Sawadogo, 2019. "Can fiscal rules improve financial markets access for developing countries ?," Working Papers halshs-02364840, HAL.
- von Hagen, Jürgen & Zhang, Haiping, 2014. "Financial development, international capital flows, and aggregate output," Journal of Development Economics, Elsevier, vol. 106(C), pages 66-77.
- Gunther Schnabl & Stephan Freitag, 2012. "Determinants of Global and Intra-European Imbalances," Global Financial Markets Working Paper Series 25-2011, Friedrich-Schiller-University Jena.
More about this item
Keywords
WP; CEE economy; CEE country; CEE openness ratio; CEE model; CEE achievement; CEE experience; CEE share; Growth; Transition; Trade; and Financial Integration; Real exchange rates; Financial integration; Exports; Current account deficits; Income; East Asia; Global; Eastern Europe; Baltics; Asia and Pacific;
All these keywords.Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:2009/043. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.