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This report focuses upon aspects of energy production, consumption and efficiency within the transition economies of the countries in central eastern Europe and the Baltic states, south-eastern Europe and the Commonwealth of Independent States. The report is divided into two sections. Part I considers issues of macroeconomic performance and future prospects for growth. Part II contains an analysis of the primary and secondary energy sectors in these countries. The report highlights the challenges facing the energy-rich countries in managing their resources prudently. It discusses key policy issues, such as the need to strengthen governance and transparency in the energy sector, and to increase savings to preserve national wealth for future generations. It also looks at tariff reform as a means of improving energy efficiency, and examines ways of ensuring that the poor do not suffer as a result of tariff adjustments. It highlights the complementary role that private investment in the power sector can play in improving energy efficiency, if accompanied by a strong regulatory framework. The report also contains an assessment of the progress towards transition made by each country, on a range of areas including liberalisation and macroeconomic stabilisation.
This report assesses recent economic developments in central eastern Europe and the Baltic states, south-eastern Europe and the Commonwealth of Independent States (CIS), updating the assessment provided in the November 2003 report (ISBN 1898802238). Overall, the region grew by 5.6 per cent in 2003, compared with 3.9 per cent the previous year. Among emerging economies, only China and India performed better. Growth is forecast to slow to 4.9 per cent in 2004, mainly due to slower expansion in the CIS.
This report assesses recent macroeconomic developments in central eastern Europe and the Baltic states(CEB), south-eastern Europe (SEE) and the Commonwealth of Independent States (CIS). It updates the assessment made in November 2005 (ISBN 1898802300) and provides an outlook for 2006. This report focuses on the flow of remittances from workers living abroad, which have become an important source of capital in many transition countries, particularly in the Western Balkans and the poorest countries of the CIS.
This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.
This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets a need for a critical analysis in the aftermath of the 1990s market liberalization reforms, of current trends and to outline the roadmap for future development.