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China's Financial System and Economy : A Review

He, Zhiguo; Wei, Wei - National Bureau of Economic Research - 2022

China's financial system has been integral to its spectacular economic growth over the past 40 years. We review the recent literature on China's financial system and its connections to the Chinese economy based on the categories of Aggregate Financing to the Real Economy (AFRE), a broad measure...

Persistent link: https://www.econbiz.de/10013361979

Privatizing the Privatized

Tornell, Aaron - 1999

In the first part of this paper we argue that three reforms must be implemented if privatization is to increase … small window of opportunity? Either they privatize hastily today, or not at all. Should they go ahead with privatization and … clear cut. Privatization without prior implementation of the three reforms mentioned above will simply replace government …

Persistent link: https://www.econbiz.de/10012471582

The creation of the rule of law and the legitimacy of property rights : the political and economic consequences of a corrupt privatization

Hoff, Karla Ruth - 2005

investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is …

Persistent link: https://www.econbiz.de/10010522421

The Creation of the Rule of Law and the Legitimacy of Property Rights : The Political and Economic Consequences of a Corrupt Privatization

Hoff, Karla - 2005

investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is …

Persistent link: https://www.econbiz.de/10012466899

After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies

Hoff, Karla - 2002

When Russia launched mass privatization, it was widely believed that it would create a powerful constituency for the … show that beneficiaries of mass privatization may fail to demand the rule of law even if it is the Pareto efficient rule of …

Persistent link: https://www.econbiz.de/10012469426

When Is Quality of Financial System a Source of Comparative Advantage?

Ju, Jiandong - 2008

Does finance follow the real economy, or the other way around? This paper unites the two competing schools of thought in a general equilibrium framework. Our key result is that there are threshold effects defined by a set of deep institutional parameters (cost of financial intermediation,...

Persistent link: https://www.econbiz.de/10012464662

The Land that Lean Manufacturing Forgot? Management Practices in Transition Countries

Bloom, Nicholas - 2011

We have conducted the first survey on management practices in transition countries. We found that Central Asian transition countries, such as Uzbekistan and Kazakhstan, have on average very poor management practices. Their average scores are below emerging countries such as Brazil, China and...

Persistent link: https://www.econbiz.de/10012461426

Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries : 11 Years Later

Godoy, Sergio - 2006

the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more … endogeneity, confused issues of speed and level of privatization, and did not face up to the problems of multicollinearity. Our … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but …

Persistent link: https://www.econbiz.de/10012466679

Restructuring

Blanchard, Olivier (contributor) - 1994

Persistent link: https://www.econbiz.de/10000112367

A Portfolio Approach to a Cross-Sectoral and Cross-National Investment Strategy in Transition Economies

Buiter, Willem H. - 1997

provisioning rules from the perspective of portfolio theory …

Persistent link: https://www.econbiz.de/10012472946