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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
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Chinese Currency Controversies
Eichengreen, Barry - C.E.P.R. Discussion Papers - 2004
This Paper reviews the controversy over China’s exchange rate regime. Placing the issue in the context of the … literature on exit strategies, it argues that now is the best time for China to exit from its peg. Moving to a managed float …
Persistent link: https://www.econbiz.de/10005067647
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Exchange Rate Pass-Through, Domestic Competition, and Inflation: Evidence from the 2005/08 Revaluation of the Renminbi
Auer, Raphael - C.E.P.R. Discussion Papers - 2015
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that …
Persistent link: https://www.econbiz.de/10011145441
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A Phillips Curve for China
Scheibe, Jörg; Vines, David - C.E.P.R. Discussion Papers - 2005
curve for China and show that the output gap, the exchange rate, and inflation expectations play important roles in … relevant to policies regarding possible exchange rate liberalization in China. …
Persistent link: https://www.econbiz.de/10005656372
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Transition Problems in Economic Reform: Agriculture in the Mexico-US Free Trade Agreement
Levy, Santiago; van Wijnbergen, Sweder - C.E.P.R. Discussion Papers - 1992
At what speed should Mexican agriculture be incorporated into the North American Free Trade Agreement (FTA)? What policies should characterize the transition? We use Mexican agriculture as a case study to analyse the transition problems that arise in most major economic reforms. In particular,...
Persistent link: https://www.econbiz.de/10005662171
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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
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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
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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