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Productivity is commonly defined as a ratio between the volume of output and the volume of inputs. In other words, it … of output. Broadly, productivity measures can be classified as single factor productivity measures (relating a measure of … output to a single measure of input, e.g. labour productivity) or multifactor productivity measures (relating a measure of …
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This book demonstrates some of the pitfalls associated with services liberalisation but recommends perseverance and even acceleration of the reforms. Contributors call for orderly and rapid progress towards regional integration of the services sector, based on the gradual removal of the barriers...
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Although deregulation is well under way in the transport sector, regular coach services are still largely regulated. Governments see them as potentially competing with rail transport services. However, in countries that have had some experience with deregulation the outcome has clearly been...
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Services liberalisation can be an emotive issue where the tertiary sector has been largely dominated by the state and where, consequently, its employees have civil-servant status. This applies as much in Asia as it has done in Europe. Despite this reality, however, it can be shown that services...
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The trade liberalisation agreements signed between the European Union and the southern Mediterranean countries carry risks as well as benefits. They reveal structural weaknesses in the partner countries, including continued rent seeking, market segmentation, a weak modern private sector and...
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