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Economic policies and, particularly, fiscal policies are not designed and implemented in an “empty space”: the structural characteristics of the economic systems, the institutional architecture of societies, the cultural paradigm and the power relations between different social groups,...
Persistent link: https://www.econbiz.de/10005408434
This paper tests the stability of the U.S. federal intertemporal budget constraint over the postwar period. The implied equilibrium budget path is estimated and used to determine which component of the budget has greater responsibility for the recent intertemporal violations.
Persistent link: https://www.econbiz.de/10005412703
aspects of institutions are involved - infrastructure and superstructure. The paper then applies a simple model to 50 U …
Persistent link: https://www.econbiz.de/10005125631
institutions are involved - infrastructure and superstructure. It develops and then applies a simple model to 50 U.S. reservation …
Persistent link: https://www.econbiz.de/10005125647
Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at addressing a small part of these questions. It...
Persistent link: https://www.econbiz.de/10005125690
The paper provides three principal results. First, we benchmark South African infrastructure performance in terms of … base (2005). Second, we establish clear empirical links between infrastructure and productivity using South African time …
Persistent link: https://www.econbiz.de/10005125863
The Government of AP needs to rethink its Infrastructure strategy in the light of current state priority. Unless these … direction taken by the state appears to point towards the development of rural infrastructure, such as irrigation facility and …
Persistent link: https://www.econbiz.de/10005126009
development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring …
Persistent link: https://www.econbiz.de/10005134435
pan-European financial infrastructure for payments and securities clearing and settlement. Central counterparty clearing …’s securities market infrastructure – clearing and settlement. Because of the importance of its role, a CCP must have sound risk …-benefit analysis in a Finnish/Nordic-Baltic clearing and settlement infrastructure that incorporates a CCP solution. This is an updated …
Persistent link: https://www.econbiz.de/10005134670
The main focus areas of the book are Concepts and Models for Private Participation in Infrastructure, Private … Participation in Infrastructure in China, Laws and Regulations for Private Participation in Infrastructure in China, Financing … Private Infrastructure Projects in China, Road Issues and Recommendations, Water Issues and Recommendations, Power Generation …
Persistent link: https://www.econbiz.de/10005407848