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This paper empirically tests the link between trade openness and enterprise restructuring in Bulgaria. It belongs to a recent line of work in the empirical trade literature that investigates the effects of trade policy on firm behaviour. The trade liberalization following the 1991 economic...
Persistent link: https://www.econbiz.de/10005662077
This paper discusses the potential role of a Euro-Mediterranean Agreement (EMA) in helping Middle East and North African governments implement structural economic reforms. The arguments for and against preferential liberalization are summarized, identifying a number of necessary conditions for...
Persistent link: https://www.econbiz.de/10005136673
We use time-series methods to estimate a simple aggregate supply and demand model in order to analyse the comparative performance of fixed and flexible exchange rate systems and test competing hypotheses designed to explain shifts between exchange rate regimes. The paper provides a coherent...
Persistent link: https://www.econbiz.de/10005136700
on resource abundance equals 10.9 percentage points more reform, a large effect given that the mean probability of reform …
Persistent link: https://www.econbiz.de/10005666720
What determines the enforcement of deregulation reform of business activities? What are the outcomes of deregulation …? We address these questions using an episode of a drastic reform in Russia between 2001 and 2004 which liberalized … average, the reform reduced the administrative costs of firms; but, the progress of reform had a substantial geographical …
Persistent link: https://www.econbiz.de/10005667109
Does democracy promote economic development? We review recent attempts to addresses this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends - in a subtle way - on the details of democratic...
Persistent link: https://www.econbiz.de/10005789020
reform, because politicians have the incentive to embrace growth-enhancing reforms to win elections. On the other hand …
Persistent link: https://www.econbiz.de/10005124381
China’s reform worked and produced some of the most impressive growth in the largest developing and transition economy … conventional institutions such as rule of law and secure private property rights is puzzling. To understand how reform works in a … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China’s reform is a serial …
Persistent link: https://www.econbiz.de/10005136741
different models of growth associated with different stages of reform. The speed with which individual countries progress …
Persistent link: https://www.econbiz.de/10005136785
economies like former socialist economies in Europe are interesting candidates for the examination of the relationship between …
Persistent link: https://www.econbiz.de/10005497964