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Transition in FSU and sub-Saharan countries: The role of institutions

Laurila, Juhani - EconWPA - 2002

This study compares transition processes in countries of Central and Eastern Europe, the former Soviet Union (FSU) and sub-Saharan Africa. By widening the scope from most- to least-developed transition economies, the study establishes the importance of a strong state with evolved institutional...

Persistent link: https://www.econbiz.de/10005076830

UNDERGROUND ACTIVITY AND INSTITUTIONAL CHANGE: PRODUCTIVE, PROTECTIVE AND PREDATORY BEHAVIOR IN TRANSITION ECONOMIES

Feige, Edgar L. - EconWPA - 2003

This paper examines why some transitions are more successful than others by focusing attention on the role of productive, protective and predatory behaviors from the perspective of the new institutional economics. Many transition economies are characterized by a fundamental inconsistency between...

Persistent link: https://www.econbiz.de/10005062456

Are Oligarchs Productive? Theory and Evidence

Gorodnichenko, Yuriy; Grygorenko, Yegor - EconWPA - 2005

more likely than other owners to invest in productivity enhancing projects and to vertically integrate firms to capture the …

Persistent link: https://www.econbiz.de/10005407700

The commons with capital markets

Rowat, Colin; Dutta, Jayasri - EconWPA - 2004

We explore commons problems when agents have access to capital markets. The commons has a high intrinsic rate of return but its fruits cannot be secured by individual agents. Resources transferred to the capital market earn lower returns, but are secure. In a two period model, we assess the...

Persistent link: https://www.econbiz.de/10005556702

International benchmarking of container stevedoring

Commission, Productivity - EconWPA - 2003

Productivity at Australian container terminals has improved significantly in absolute terms since 1997 according to … this international benchmarking study. For the sample of ship calls and terminals studied, productivity improved also in … relative terms. The productivity improvement at Australian terminals was generally greater than at overseas terminals between …

Persistent link: https://www.econbiz.de/10005556535