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Banks and Labor As Stakeholders; Impacton Economic Performance
Ueda, Kenichi; Claessens, Stijn - International Monetary Fund (IMF) - 2008
analyzed independently. Yet, theory clearly indicates that the combination of relative powers of different stakeholders affects …
Persistent link: https://www.econbiz.de/10005825652
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Germany's Corporate Governance Reforms; Has the System Become Flexible Enough?
Odenius, Jürgen - International Monetary Fund (IMF) - 2008
1990s far-reaching reforms have complemented the traditional stakeholder system with important elements of the shareholder …
Persistent link: https://www.econbiz.de/10005263885
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Australia; Financial Sector Assessment Program: Technical Note: Investor Protection, Disclosure, and Financial Literacy
International Monetary Fund (IMF); International … - 2006
This study reviews selected issues on investor protection and corporate governance in Australia, and concludes that the corporate governance framework for Australian-listed companies is largely healthy and dynamic. Shareholder activism is an important element of corporate governance because it...
Persistent link: https://www.econbiz.de/10011243130
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Emerging Markets in Transition: Growth Prospects and Challenges
Cubeddu, Luis M.; Culiuc, Alexander; Fayad, Ghada; Gao, Yuan - International Monetary Fund (IMF) - 2014
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
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Are Uniform Tariffs Optimal?
Amiti, Mary - International Monetary Fund (IMF) - 2004
This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production. We show that countries may be better off with de-escalating tariffs where tariff rates are higher on intermediate inputs and...
Persistent link: https://www.econbiz.de/10005825855
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
potential growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the …
Persistent link: https://www.econbiz.de/10011142066
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How can Korea Boost Potential Output to Ensure Continued Income Convergence?
Jain-Chandra, Sonali; Zhang, Longmei - International Monetary Fund (IMF) - 2014
Korea’s rapid growth has slowed in recent years, suggesting lower potential growth. This paper uses an array of techniques, including statistical filters, a multivariate model and the production function, to estimate Korea’s potential growth. The main finding is that trend growth...
Persistent link: https://www.econbiz.de/10011142072
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European Productivity, Innovation and Competitiveness: The Case of Italy
Tiffin, Andrew - International Monetary Fund (IMF) - 2014
sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future …
Persistent link: https://www.econbiz.de/10011142167
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Increasing Productivity Growth in Middle Income Countries
Abdychev, Aidar; Jirasavetakul, La-Bhus Fah; Jonelis, … - International Monetary Fund (IMF) - 2015
contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …, which highlights the need for policy actions to reinvigorate productivity growth. This paper explores the question of what … kind of structural policies could boost productivity growth in SMICs and the political economy factors that may be …
Persistent link: https://www.econbiz.de/10011123829
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The Quality of the Recent High-Growth Episode in Sub-Saharan Africa
Martinez, Marcelo; Mlachila, Montfort - International Monetary Fund (IMF) - 2013
The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how does it compare with previous episodes? (ii) has this growth had an impact on...
Persistent link: https://www.econbiz.de/10011123863