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The Institutional Foundations of China’s Reforms and Development

Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010

China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper … analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …

Persistent link: https://www.econbiz.de/10008468688

After the Honeymoon: On the Economics and the Politics of Economic Transformation

Wyplosz, Charles - C.E.P.R. Discussion Papers - 1992

This paper focuses on the obvious: Pareto-improving programmes may fail to improve everyone's lot. Politically, it has often been interpreted as a requirement that a majority should benefit from the change. Events in Central and Eastern Europe suggest otherwise and cast doubt on the relevance of...

Persistent link: https://www.econbiz.de/10005123556

Growth Accelerations

Hausmann, Ricardo; Pritchett, Lant; Rodrik, Dani - C.E.P.R. Discussion Papers - 2004

Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be...

Persistent link: https://www.econbiz.de/10005067354

Crises, What Crises?

Campos, Nauro F; Hsiao, Cheng; Nugent, Jeffrey B - C.E.P.R. Discussion Papers - 2006

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

Persistent link: https://www.econbiz.de/10005136426

Trade Performance and Trade Policy in Central and Eastern Europe

Drábek, Zdenek; Smith, Alasdair - C.E.P.R. Discussion Papers - 1995

The radical liberalization of foreign trade in Central and Eastern Europe since 1989 has been a key part of the economic reform and has been accompanied by a full-scale geographical reorientation of international trade from East to West. Increased trade with the EU has been associated with...

Persistent link: https://www.econbiz.de/10005136556

Earnings, Schooling and Economic Reform: New Econometric Evidence

Campos, Nauro F; Jolliffe, Dean - C.E.P.R. Discussion Papers - 2004

How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This Paper uses a unique dataset (covering about 3 million Hungarian wage earners, from 1986 to 1998) and a novel procedure to correct sample selection bias (based on DiNardo,...

Persistent link: https://www.econbiz.de/10005498066

Post-Reform East and West: Capital Accumulation and the Labor Mobility Constraint

Wyplosz, Charles - C.E.P.R. Discussion Papers - 1991

Assuming that economic reforms are successful in Eastern Europe, what will be the effects on Western Europe? The focus is on the wage pressure that the threat of migration from East to West is likely to impose. The paper adopts a Ramsey model of intertemporal choice, for both individuals and...

Persistent link: https://www.econbiz.de/10005504320

Are the Costs of Cleaning Up Eastern Europe Exaggerated? Economic Reform and the Environment

Hughes, Gordon - C.E.P.R. Discussion Papers - 1990

Widespread concern has been expressed that the costs of reducing environmental pollution in Eastern Europe will divert resources that would otherwise be available for industrial modernization. In fact, apart from a number of severely damaged areas, the general level of exposure to major...

Persistent link: https://www.econbiz.de/10005281413

Monetary Regimes and Labour Market Reform

Sibert, Anne; Sutherland, Alan - C.E.P.R. Discussion Papers - 1997

Policy-makers’ incentives to undertake costly reform depends on the international monetary system. We consider the effect of monetary regimes on labour market reform. We find international negotiation of monetary policy produces less reform than non-cooperation. Reform is lowest of all with...

Persistent link: https://www.econbiz.de/10005789019

Tax Reform, Trade Liberalisation and Industrial Restructuring in Hungary

Newbery, David M G - C.E.P.R. Discussion Papers - 1990

The two central economic problems facing Hungary are its large foreign debt and its relatively poor rate of growth over the 1980s. The paper examines some of the reform issues facing Hungary, starting with the tax reforms of 1988 and 1989, but concentrating on the importance of creating...

Persistent link: https://www.econbiz.de/10005789114