Using cointegration and error-correction models, this report examines the relative influences of the monetary, labour and foreign sectors on Polish inflation from 1990 to 1999. After the development of a theoretical framework, we make use of a structural system technique wherein cointegration
Market economy models differ in the degree of the power of the government vis-à-vis the market in the economy. Under the classications set forth by Glaeser and Shleifer (2002, 2003), and Djankov et al. (2003), these market models range from those emphasizing
Assuming that the new constitutional documents in Central and Eastern Europe have institutionalised democracy, the rule of law, basic human rights and basically are in line with international and European standards, the main problem is that of their implementation.condition of democracy, constitutionalism
The purpose of the present study was to investigate the implications of NPM (New Public Management) strategies for a University in emerging economy. The philosophy of adaptation to the market economy is supposed to result in the modernization of Russian HE (Higher
The Russian Economy has evolved into a hybrid form, a partially monetized quasi-market system that has been called the virtual economy. In the virtual economy, barter and non-monetary transactions play a key role in transferring value from productive activities to the loss-making
Since the disintegration of the Soviet Union all conditions and principles for doing business in the area have changed. The shift from a planned economy to a market economy is connected with rapid and basic changes in political, social, economic and technological