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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
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Privatization, Efficiency and Economic Growth
Gylfason, Thorvaldur - C.E.P.R. Discussion Papers - 1998
Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model …, or stabilization. The static output gain from reallocation and reorganization through privatization is captured in a …. Substitution of plausible parameter values into the formula indicates that, in practice, the static output gain from privatization …
Persistent link: https://www.econbiz.de/10005504670
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Demand-Driven Financial Development
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1995
The historical record suggests that economic development is associated with the rise of the financial sector. This rise is often triggered by exogenous events such as large budget deficits generated by wars or the availability of large investment projects such as railroads. This paper discusses...
Persistent link: https://www.econbiz.de/10005789013
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Seasonal Migration and Risk Aversion
Bryan, Gharad; Chowdhury, Shyamal; Mobarak, Ahmed Mushfiq - C.E.P.R. Discussion Papers - 2012
in Bangladesh to out-migrate during the lean season, and document a set of striking facts. The incentive induces 22% of …
Persistent link: https://www.econbiz.de/10011083312
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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...
Persistent link: https://www.econbiz.de/10008468688
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Civil Society, Institutional Change and the Politics of Reform: The Great Transition
Bruszt, László; Campos, Nauro F; Fidrmuc, Jan; … - C.E.P.R. Discussion Papers - 2010
This paper examines the relationship between differences in civil society development under communism and divergence in the nature and pace of political and economic reform and transformation after 1989. We put together a unique data set on dissident activities for the 27 former centrally...
Persistent link: https://www.econbiz.de/10008468689
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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
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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
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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
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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