Showing 1 - 10 of 130
Previous work has shown that the results of both China and Mexicos export-led market reforms over the past quarter … century have been strikingly different. In contrast to China, Mexico has not managed to increase the value added of its … exports of manufactured goods and has subsequently had a difficult time competing with China in world markets. Building on …
Persistent link: https://www.econbiz.de/10009365144
This paper evaluates the impact of privatization on firm employment using a panel dataset of 386 firms in China in the … the dynamic impact of privatization on employment growth and find that the performance of privatized firms improves over … time. These findings are robust even after we control other performance and financial variables as well as the pre-privatization …
Persistent link: https://www.econbiz.de/10009365342
Through the 1990s China was widely and often held up as a paragon of economic policy reform driven growth and an … example for others to follow. We in India were not immune to the temptation to do the same. There is no doubt that China has …. China has also gone out of the way to make economic interaction with it (e.g. FDI, outsourcing of manufacturing) profitable …
Persistent link: https://www.econbiz.de/10009364003
Ten years after the crisis, Indonesia is still struggling to solve the problems in four major issues : economic stabilization and recovery, democratic transition and political reform, decentralization of political power, and the redefinition of national identity. This paper will explain the...
Persistent link: https://www.econbiz.de/10009363280
No society is devoid of institutions but many live with poor institutions. Institutions promote growth. This is a view now held firmly and widely. The task then is to engineer growth-promoting institutions. Endogeneity characterises institutions; for example, groups enjoying political power...
Persistent link: https://www.econbiz.de/10009363719
We analyze the role of debt in corporate governance with respect to a large emerging economy, India, where debt has been an important source of external finance. First, we examine the extent to which debt acts as a disciplining device in those corporations where potential for over investment is...
Persistent link: https://www.econbiz.de/10009365427
Although there has been much theorising on the impact of Indias economic reforms of 1991 on Indian manufacturers, there is hardly any previous study that has taken up the task of actually asking the manufacturing firms as to what the true impact of economic reforms has been on them. In this...
Persistent link: https://www.econbiz.de/10009363558
Creation of the Council on Economic and Fiscal Policy (CEFP) made Japans economic and fiscal policy making more transparent, consistent and coherent. This new institutional arrangement accelerated structural reform and improved economic and fiscal policy making in general, thus contributing to...
Persistent link: https://www.econbiz.de/10009363693
The Indian government has taken a number of incremental measures to liberalise legal and administrative impediments to international capital movements in recent years. This paper analyses the extent to which the effectiveness of capital controls in India, measured by the domestic less net...
Persistent link: https://www.econbiz.de/10009363806
This paper presents a coherent and systematic analysis of the collapse and subsequent revival of the Central Asian Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and subsequent revival in the CARs which have been inadequately...
Persistent link: https://www.econbiz.de/10009363926