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We study the determinants of employment and wages in the public sector, using a new set of panel data for 34 LDCs and 21 OECD countries from 1972–992, by estimating equations suggested by an efficiency wage model. We find that government employment is positively associated with the relaxation...
Persistent link: https://www.econbiz.de/10014398143
This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on...
Persistent link: https://www.econbiz.de/10014400822
This paper argues that the development of human capital in the public sector should be an important ingredient in any proposed set of “second-generation” reforms for Africa. In the post-colonial era the quality of governance has seriously declined, and the stock of human capital in the...
Persistent link: https://www.econbiz.de/10014401612
Increasing public debt vulnerabilities in low-income developing countries (LIDCs) have heightened the need for fuller and more transparent accounting of public sector debt (PSD). The framework for reporting on public sector debt is sound. But there is room for LIDCs to further improve their...
Persistent link: https://www.econbiz.de/10014407902
This paper pursues several objectives. First, it presents a sketch of a positive (or real-world) theory of public sector intervention. Second, it analyzes in some detail the activity of the public sector in nine market economies of developing Asia and relates this activity to the growth of the...
Persistent link: https://www.econbiz.de/10014395758
This paper describes economic developments in Denmark during 1990–96. After a prolonged period of stagnation in the …
Persistent link: https://www.econbiz.de/10014397324
This Selected Background Issues paper analyzes the transformation of Denmark’s current account during 1960–94. The … paper highlights that in 1990, Denmark recorded its first current account surplus in almost thirty years. This ended three …
Persistent link: https://www.econbiz.de/10014397970
This Selected Issues paper analyzes the current account performance of Denmark in 1993–98. The paper presents a brief … German unification. The paper also examines implications for fiscal policy of Denmark’s decision to remain for the time being …
Persistent link: https://www.econbiz.de/10014398493
Terrorism (AML/CFT) for Denmark. It describes and analyzes AML/CFT measures in place in Denmark, and provides recommendations on … how certain aspects of the system could be strengthened. It also sets out Denmark’s levels of compliance with the … Financial Action Task Force Forty (FATF) 40+9 Recommendations. The assessment reveals that Denmark has a solid AML/CFT framework …
Persistent link: https://www.econbiz.de/10014401704
Denmark’s flexicurity model has performed well during the crisis. The actions and the improvement in economic …
Persistent link: https://www.econbiz.de/10014401763