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Some Fundamental Inadequacies of the Washington Consensus: Misunderstanding the Poor by the Brightest

Woo, Wing - EconWPA - 2004

The Washington Consensus suffers from fundamental inadequacies, and that a more comprehensive framework of the economic process is needed to guide the formulation of country-specific development strategies. The following five propositions summarise the set of interrelated arguments made in this...

Persistent link: https://www.econbiz.de/10005556001

Some Fundamental Inadequacies of the Washington Consensus: Misunderstanding the Poor by the Brightest

Woo, Wing - EconWPA - 2004

Persistent link: https://www.econbiz.de/10005118852

Has International Financial Integration Increased?

Goldberg, Lawrence G.; Lothian, James R.; Okunev, John - EconWPA - 2003

This paper compares the behavior of real interest rate differentials across the major countries under the Bretton Woods regime and the regime of floating exchanges that replaced it. The primary object is to investigate both the extent of market integration and its changes over time. For all...

Persistent link: https://www.econbiz.de/10005408152

Do public sector reforms get rusty? An empirical analysis on privatization of solid waste collection

Bel, Germa; Costas, Anton - EconWPA - 2004

concentration and bidding competition decrease in the privatized sector may have outweighed eventual gains coming from privatization …. On the other hand, the threat that privatization may represent for public unit managers may have stimulated them to … recent privatization are associated with lower costs. Instead, old privatization is not associated with lower costs. …

Persistent link: https://www.econbiz.de/10005125882

Sviluppo e riforme in Cile: apertura commerciale, fondi pensione e privatizzazione dei servizi/REFORMS AND DEVELOPMENT IN CHILE: Macro considerations on Int'l Trade, Pension Funds...

Panizza, Andrea de - EconWPA - 2003

This paper examines the growth pattern followed by the Chilean economy with reference to the macroeconomic reforms undertaken during the Pinochet regime, which were largely maintained by successive democratic administrations and partially reproduced by neighbouring countries. The focus is on the...

Persistent link: https://www.econbiz.de/10005126348

Privatization in Sub-Saharan Africa: Some Lessons from Experiences to Date

Buchs, Thierry - EconWPA - 2005

Privatization became a central element of economic reforms in most countries in Sub-Saharan Africa during the 1990s …. Yet, empirical evidence regarding the impact of privatization remains scarce. Since the seminal work of CAMPBELL … a time when public opposition to further privatization is growing, this paper aims at giving a broad overview of the …

Persistent link: https://www.econbiz.de/10005413292

Foreign Direct Investment and Economic Growth in Bolivia, 1990- 1998

Flexner, Nikolai - EconWPA - 2003

This paper employs ordinary least squares (OLS) estimation to examine the determinants of foreign direct investment (FDI) and the effect of FDI on per capita GDP growth in Bolivia over the period 1990:1-1998:4. The regression results find that the real effective multilateral exchange rate, the...

Persistent link: https://www.econbiz.de/10005561297

Buitenlandse banken in Midden- en Oost-Europa. Aanwinst of risicofactor?

Haas, Ralph de; Lelyveld, Iman van - EconWPA - 2003

Sinds het begin van het transitieproces in Midden- en Oost-Europa is het belang van buitenlandse banken in de financiering van het lokale bedrijfsleven sterk toegenomen. Uit onze analyse, gebaseerd op een combinatie van BIS- en BankScopecijfers voor 11 transitielanden blijkt dat dochters van...

Persistent link: https://www.econbiz.de/10005124932

Foreign Bank Penetration and Private Sector Credit in Central and Eastern Europe

Haas, Ralph de; Lelyveld, Iman van - EconWPA - 2002

We analyse foreign bank penetration in Central and Eastern Europe (CEE)and its influence on private sector credit,taking into account both cross-border credit and credit by foreign bank subsidiaries. By combining BIS and BankScope data into a unique database we make a clear distinction between...

Persistent link: https://www.econbiz.de/10005124938

Foreign Banks and Credit Stability in Central and Eastern Europe: friends or foes? A panel data analysis

Haas, Ralph de; Lelyveld, Iman van - EconWPA - 2003

We study whether foreign and domestic banks in Central and Eastern Europe have reacted differently to business cycle conditions and host country banking crises. Our unique panel dataset comprises data of more than 300 banks for the period 1993-2000, with detailed information on bank ownership....

Persistent link: https://www.econbiz.de/10005125544

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