International Aspects of Transition: the former Soviet economies

To conduct this research I visited Belarus, Georgia, Kazakhstan and Ukraine on a number of occasions.  The product of that research can be found in conference volumes, World Bank Research Working Papers, two articles in the Journal of Comparative Economics, and in my 2001 book entitled Crisis, Stabilization and Growth.  Precise citations can be found in my curriculum vitae.

More recent working papers:

• Azerbaijan Producers Survey: Dutch Disease and Financial Crisis (2010), with Gubad Bayramov

• The Exchange Rate as Nominal Anchor: A Test for Ukraine (2012), published as Conway, P.: “The Exchange Rate as Nominal Anchor in Emerging Economies: The Example of Ukraine”, Journal of Comparative Economics 40/3, 2012, ppl. 438-456.
  • Data appendix for the paper

Older working papers are:

• Georgia:  Two Turning Points in the Integration of Financial Markets

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• Bridging the “Great Divide”: Countering Financial Repression in Transition (2002)

• Financial Repression in Transition: Evidence from Ukraine (2003)

• Rapid Growth and Financial Volatility: The Deposit Boom in Ukraine (2007)

• Three Sources of Risk Premia in Ukrainian Interbank Markets (2007)