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Finance & Development June 1, 2002 Pradeep K. Mitra & Marcelo Selowsky	Lessons from a Decade of Transition in Eastern Europe and the former Soviet Union A decade after the dissolution of the Soviet Union in late 1991, some transition economies are performing far better than others. Reducing barriers to entry is not enough -- hard budget constraints must also be imposed on the old money-losing state-owned enterprises.
Finance & Development September 1, 2000 Andrei Nesterenko	The Modernization Challenge Facing President Putin Having established and strengthened basic market and democratic institutions during the 1990s, Russia became an emerging market country that badly needs a modernization breakthrough. How can the government of President Vladimir Putin attain this goal?
Finance & Development June 1, 2001 Harry G. Broadman	Competition and Business Entry in Russia Reforming anticompetitive business structures and lowering barriers to entry are key to Russia's post-privatization reform program...
Finance & Development September 1, 2001 Nadezhda Bikalova	Intergovernmental Fiscal Relations in Russia Russia has experienced serious problems in developing and maintaining satisfactory fiscal relations between its central government and regional and local governments. How have these problems arisen, and what steps might make Russia's fiscal federalism work better?
Finance & Development March 1, 2001 Neil Gregory & Stoyan Tenev	The Financing of Private Enterprise in China A 1999 survey of more than 600 private Chinese enterprises revealed that they relied primarily on self-financing. For China's private sector to thrive, firms will need increased access to external loan and equity financing...
Finance & Development September 1, 2000	Book reviews Without a Map: Political Tactics and Economic Reform in Russia by Andrei Shleifer and Daniel Treisman evaluates the reforms of the 1990s... Money and Markets: A Wall Street Memoir by Henry Kaufman both inspirational and educational...
Finance & Development September 1, 2000 Janos Kornai	Making the Transition to Private Ownership When the former centrally planned economies began the transition to a market economy one decade ago, there was strong disagreement on the best way to carry out ownership reform. 10 years into transition, experience has proved that organic development was the best strategy.
Finance & Development September 1, 2000 Emine Gurgen	Central Asia: Achievements and Prospects Although the five Central Asian countries in transition have made progress in moving to a market economy, they still have far to go and need to intensify their reform efforts.
Finance & Development September 1, 2000 Stanley Fischer & Ratna Sahay	Taking Stock Economic performance has differed widely among the transition economies. The best performers are countries that were the most committed to reform at the start and that have carried out reforms rapidly and consistently.
Finance & Development September 1, 2000 Oleh Havrylyshyn & John Odling-Smee	Political Economy of Stalled Reforms Powerful vested interests in some of the transition countries oppose further reform. But, even in this difficult climate, reform can and should continue.
Finance & Development March 1, 2001 William P. Mako	Corporate Restructuring in East Asia: Promoting Best Practices A number of East Asian corporations, saddled with debt, nearly collapsed during the financial crisis of 1997. Many have managed to avoid both repayment and restructuring, however, and remain overly indebted and invested in unprofitable businesses...
Finance & Development December 1, 2006 Ambroise Fayolle	Out of the Trap Given that fragile states face urgent and specific needs, the framework created by donors to support them is both too slow and not comprehensive enough. Closer coordination between all actors, including the IMF, should be a priority in fragile states.
Finance & Development March 1, 2000 Claudio M. Loser & Martine Guerguil	The Long Road to Financial Stability Most countries in Latin America and the Caribbean weathered the economic crises of the late 1990s better than expected, thanks to the policy reforms of the past two decades. Further reform is urgently needed, however, to put the region on a faster growth path and reduce its vulnerability to external shocks.
Finance & Development September 1, 2002 Mathieu & Shiells	The Commonwealth of Independent States' Troubled Energy Sectors The energy sector plays a large economic role in several of the countries of the former Soviet Union, given their vast reserves of oil and natural gas. But the sector is riddled with distortions and inefficiencies that hinder trade and keep the region from realizing its economic potential.
Finance & Development March 1, 2000 Sean Hagan	Promoting Orderly and Effective Insolvency Procedures Insolvency laws are still viewed by many merely as mechanisms for cleaning up economic trash. However, they play a far more important role. If effectively designed and implemented, they can boost confidence in an economy, thereby fostering growth and helping to prevent or resolve financial and economic crises.
Finance & Development December 2011	To Sell or Not Although the push for privatization took different forms in different parts of the world, it was part of a broader movement aimed at reducing the role of government in the economy and at increasing reliance on markets and prices.
Finance & Development March 1, 2003 Adam Bennett	Failed Legacies Escaping the ghosts of central economic planning
The Motley Fool December 22, 2004 Bill Mann	Deconstructing YUKOS Consider what happened with YUKOS. It's important to consider a country's political stability and property rights when you invest overseas. Just remember, your rights may not be protected.
Finance & Development March 1, 2002	Book Reviews The End of Globalization: Lessons from the Great Depression by Harold James... Paradoxes of Prosperity: Why the New Capitalism Benefits All by Diane Coyle... Out of the Red: Building Capitalism and Democracy in Postcommunist Europe by Mitchell A. Orenstein... etc.
Finance & Development December 1, 2001 G.E. Gondwe	Making Globalization Work in Africa There is no doubt that economic growth rates in sub-Saharan Africa have lagged far behind those of other regions and that Africa is the region least integrated into the global economy.
The Motley Fool November 17, 2005 Bill Mann	International Superstar Stocks: A Cautionary Tale International investors beware -- some countries place corporate power grabs over shareholder rights.
Finance & Development December 1, 2002 Inutu Lukonga	Riding Out the Storm Dealing with financial crises more effectively
Pharmaceutical Executive January 21, 2014 William Looney	Russia's Bet on Biopharma Can innovation trump ideology? Russia faces a stark choice in betting on the visible hand of government in promoting a "world class" biopharmaceutical sector
Finance & Development June 2009 Berglof et al.	A Tale of Two Crises Russia is still a resource-dependent economy that must diversify in a market-friendly way
Finance & Development June 1, 2006 Belaisch & Zanello	Deepening Financial Ties The combination of favorable economic conditions and a clear commitment to integration can provide a fitting environment in which the policy debate can flourish -- and Asia's financial integration can continue to advance.
Commercial Investment Real Estate Jan/Feb 2007 Georgii Ivanov	Russia Rising Russia's commercial real estate market is in an exciting phase of development, reflecting the Russian economy's dynamic growth. A growing economy and international investor interest point to a strong future.
Finance & Development June 1, 2001 Guy Pfeffermann	Poverty Reduction in Developing Countries: The Role of Private Enterprise The role of private enterprise in development has been neglected by scholars, governments, and aid organizations. This is regrettable: a vibrant private sector generates jobs, raises incomes, and makes better, cheaper goods and services available...
Financial Advisor May 2008 Rebecca Pomering	Adding New Owners Internal transition is the desired growth plan and succession plan for the vast majority of advisors and good planning, strategic thinking and thoughtful implementation will allow many to enact a transaction that ensures the desired outcomes for their staff, their clients and themselves.
Knowledge@Wharton January 15, 2003	Russia's Struggle for Competitiveness Is it safe to go back in the water for would-be investors in Russia? How far has Russia come? How far does it have to go? And what models will it follow?
BusinessWeek September 22, 2003 Jason Bush in Moscow	Russia's Stock Market Is Full of Gas With prices up and fear of Kremlin meddling in business fading, investors are pouring into Russian stocks. Will it last?
CFO June 1, 2003 Alix Nyberg	Second Acts After bankruptcy, companies often teeter between encore and final curtain call.
Finance & Development March 2008 John Odling-Smee	Book Reviews Global Imbalances and the Lessons of Bretton Woods, is the new book by Barry Eichengreen, a leader in the field of international monetary history. The theme of this compact and engrossing book is that history suggests that the current situation is unlikely to last for long.
Entrepreneur September 2001 Chris Sandlund	Born Again Good businesses don't have to die just because they've gone hopelessly, out-of-control in debt. There is a place they can turn for redemption: the bankruptcy laws.
BusinessWeek June 7, 2004 Jason Bush	Russia: Taming The Wild Banks With deposits way up, the Kremlin is finally getting serious about bank reform.
BusinessWeek May 13, 2009 Peter Coy	Failure: A Bankrupt Idea Why the bankruptcy process that sorted out the mess when companies failed no longer works.
AskMen.com July 7, 2002 Donald Morrison	The Ups & Downs Of Bankruptcy While filing bankruptcy shouldn't be a shameful process, it is one that ought to be approached with caution. It's a means of repayment that isn't cut out for every financial situation, regardless of how catastrophic they may seem, and its consequences can be detrimental and far-reaching.
The Motley Fool May 5, 2004 Paul Elliott	An Investor's Worst Enemy As an investor, few things assure you'll go hungry like a board of directors cutting the pie into more and more pieces and handing them out. Excessive share dilution is precisely that.
CFO October 1, 2011 Vincent Ryan	Asset Sales: The Other Endgame Why insolvent companies are discovering that filing for bankruptcy is often not the best way to go.
CFO Alix Nyberg	Bottom Fishing Many distressed assets are for sale these days, but because so many are intangible, how can buyers be sure they're getting a bargain?
Reason April 2009 Cathy Young	Unclenching the Fist U.S.-Russian relations in the age of Obama.
BusinessWeek July 21, 2003 Jason Bush	Sizzling Growth Could Singe Russia's Economy Russia's economy has never looked healthier. Growth is spiking upward, inflation is falling, Russia's external trade and government finances are both in surplus, foreign debt is low, and foreign exchange reserves are mushrooming. It almost seems too good to be true. Perhaps it is.
Commercial Investment Real Estate Mar/Apr 2007 J. Michael Davis	MOB Outbreak The fast-spreading healthcare industry makes medical office buildings a lucrative investment for physicians.
The Motley Fool January 24, 2007 Vitaliy Katsenelson	Russia: We Don't Need the West Anymore Did the Russian government muscle Shell out of Sakhalin? Here is a look at the $7.5 billion sale and the long-term implications if Russia disregards Western investment.
Fast Company February 2003 Keith H. Hammonds	Are We Out of Options? They were the currency of the American dream. Now they are worthless paper -- a symbol of CEO greed. What went wrong with stock options? Where do companies go from here? Our only option: Visit one of the world's leading authorities on employee ownership.
Global Services July 1, 2008 Imrana Khan	The Case for Transformation Beyond the hype about transformation there's some real work being delivered that makes the case for business transformation outsourcing.
Financial Advisor October 2006 David J. Drucker	The Equity Fallacy You should have a clear vision of where you want to take your financial firm, including your own succession plan; hire to meet that growth objective, determining whether dedicated or entrepreneurial employees (or some combination of the two) will get you there; and devise the appropriate incentives.
Salon.com March 12, 2001 Bruce Shapiro	Let the hogfest begin! Washington's new "bankruptcy reforms" will fatten bankers' bulging wallets and force more credit-card debtors into the poorhouse. Welcome to the Bush era -- where greed is good again!
Inc. June 2009	Managing Business Insolvency and Bankruptcy Even after a business fails, an owner has important choices to make.
Commercial Investment Real Estate Sep/Oct 2007 Brian Greenspoon	Bankruptcy Sales Understanding sales processes from a legal standpoint during bankruptcy can be useful for commercial real estate professionals in the current market conditions.
The Motley Fool September 5, 2009 Chuck Saletta	Don't Invest Here The absolute destruction of the ownership rights conferred by bankruptcy may well signal the utter death of America's economy.