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.

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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.

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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.

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