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The economic performance of Vietnam in the 1990s would be classified as a “miracle” if such achievements were not so common in Asia in the latter half of the twentieth century. GDP growth rates between 8.1 percent to 9.5 percent during 1992-97 were led by industry and services, though the...
Persistent link: https://www.econbiz.de/10005062418
enrolment rates. Our findings may have important implications for the current debate on the reform of financing higher education …
Persistent link: https://www.econbiz.de/10005134616
Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter tremendous external pressure to revalue the Renminbi (RMB) substantially. Our conclusion is that the major macroeconomic challenges have their roots in China’s...
Persistent link: https://www.econbiz.de/10005062405
In this paper, we examine net investment during the early stages of transition using micro data on the population of medium and large industrial firms in the Czech Republic during the 1992-95 period. We examine the relevance of alternative models of investment and test if investment behavior...
Persistent link: https://www.econbiz.de/10005407697
economies. Using principal components to decompose reform variables and construct reform clusters, we address unsettled issues … such as the importance of sequencing and reform speed. The results indicate a broad-based reform policy is good for growth … restructuring affect growth negatively. Swift reform policies allow transition countries to benefit from higher growth for a longer …
Persistent link: https://www.econbiz.de/10005412843
Do Financial accounting practices as per the political setup and their administrative strategies, pose problems to the pace of Socio-economic development of any nation ? This paper addresses this question with a preview to the dawn of human civilizations on earth, and mathematically cumulating...
Persistent link: https://www.econbiz.de/10005556918
Do Financial accounting practices as per the political setup and their administrative strategies, pose problems to the pace of Socio-economic development of any nation ? This paper addresses this question with a preview to the dawn of human civilizations on earth, and mathematically cumulating...
Persistent link: https://www.econbiz.de/10005560985
The Coasean way to deal with the cooperation failure that is implicit in Pareto inefficiency is to remove or lessen the obstacles to cooperation through the attribution of property rights and the elimination or reduction of transaction costs. The relevance of this approach is however undermined...
Persistent link: https://www.econbiz.de/10005560990
The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign trade liberalization in the Czech Republic. It also focuses on the effect of Asoft@ macroeconomic environment on the microeconomic decisions. A dynamic investment function with...
Persistent link: https://www.econbiz.de/10005118676
The privatization process in the transition economies may appear to be the most serious economic event in the last 10-12 years. All transition countries experimented with different privatization models. Although the privatization processes have not ended yet, the development of a methodology for...
Persistent link: https://www.econbiz.de/10005118797