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Inertia in academia sometimes obstructs the development of important insights. That is one reason for the specially long gap separating Coase's seminal paper [1937] that laid the foundations of current Transaction Cost Economics (TCE) and the efforts of scholars to develop his ideas. But as TCE...
Persistent link: https://www.econbiz.de/10005134547
The financial performance of government trading enterprises is assessed in this report. The financial indicators and ratios used in the report cover operating performance, financial management and transactions with government. The paper covers 84 Commonwealth, State and Territory government...
Persistent link: https://www.econbiz.de/10005135009
Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …
Persistent link: https://www.econbiz.de/10005556001
of its detrimental impact on the formation of domestic institutions, such as the security of private property, the …
Persistent link: https://www.econbiz.de/10005556428
somewhat explained by some labor market institutions, such as the collective bargaining coverage and the employer …
Persistent link: https://www.econbiz.de/10005556804
decision makers. These responses, in turn influenced by institutions and instrumental freedoms, ultimately affect the dynamics …
Persistent link: https://www.econbiz.de/10005556907
Corruption has a negative impact on society and economy. The transition process in Central and Eastern Europe (CEE) uncovered dormant possibilities for corruption and necessity for appropriate steps to be taken. We document the state of corruption in the Czech Republic and the measures...
Persistent link: https://www.econbiz.de/10005560992
exercises indicate that recent findings of the conduciveness of good institutions, and, to some extent trade, on levels of TFP …
Persistent link: https://www.econbiz.de/10005561240
We investigate the effect of institutions on efficiency of training markets. After setting up a theoretical … institutional framework that shows how institutions affect efficiency, we apply this framework to the real world. An empirical … analysis of institutions affecting training markets will enable us to determine the institutional efficiency of these markets …
Persistent link: https://www.econbiz.de/10005561540
equity. Using the African scenario, this paper argued that although many of the institutions needed for strong income growth …
Persistent link: https://www.econbiz.de/10005561601