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regulation. Policies should be refocused around the productivity goal in a number of areas, beginning with those covered in this …
Persistent link: https://www.econbiz.de/10005046189
This paper provides an in depth analysis of Russia’s recent growth, with a view to understanding the prospects for its continuation. It examines in detail the main drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the role of...
Persistent link: https://www.econbiz.de/10005049019
This article uses “extreme-bound”-type analysis to revisit the determinants behind widely differing economic growth in Russian regions. Using data of 77 regions for 1993-2004, it separately examines the growth drivers for the phase of economic decline up to 1998, and for the period of strong...
Persistent link: https://www.econbiz.de/10005049020
This paper examines how much of the dispersion in economic performance across OECD countries can be accounted for by economic geography factors. More specifically, two aspects of economic geography are examined, namely the proximity to areas of dense economic activity and endowments in natural...
Persistent link: https://www.econbiz.de/10005045816
In recent years economists have come to see rich natural resource endowments as a ?curse? or ?precious bane? that inevitably undermines development and slows economic growth. Resource-based development undeniably involves important risks. Nonetheless, the resource curse - if it exists - is at...
Persistent link: https://www.econbiz.de/10005045957
This paper examines the development of Russian industry in comparison with that of Ukrainian industry during 1995–2004 in an effort to ascertain to what extent, if any, Russian manufacturing showed signs of succumbing to ‘Dutch disease’. Ukraine and Russia began the market transition with...
Persistent link: https://www.econbiz.de/10005046265
behaviour. We find that the impact of regulation on investment is both sector and firm specific. A reduction in the degree of …
Persistent link: https://www.econbiz.de/10009322440
new regulation on the voluntary basis to identify the most successful solutions that can be later rolled out to the whole …
Persistent link: https://www.econbiz.de/10008752419
As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant control over money market interest rates. With money market conditions increasingly influencing effective commercial lending rates, the PBoC is also able to affect the cost of...
Persistent link: https://www.econbiz.de/10008764467
significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly … autorités de régulation sectorielles dans les industries de réseau et les prérogatives de l'Autorité de la concurrence peuvent … régulation sectorielles n'aient pas instauré des règles du jeu équitables, garantissant l'accès des tiers aux infrastructures …
Persistent link: https://www.econbiz.de/10011276785