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This paper examines the role of liability for past environmental contamination in the privatization processes of Central and Eastern Europe. The theoretical section establishes a link between a risk-averse investor's amount of information regarding the extent of past environmental contamination...
Persistent link: https://www.econbiz.de/10005677611
Bulgaria is moving toward a food processing and marketing system which resembles that of Western Europe and the U ….S. Large grocery chains from Germany, Austrai and Turkey are building supermarkets and hypermarkets in Bulgaria’s larger cities …. However, income in Bulgaria remains much lower than in Western Europe and most Bulgarian consumers cannot afford to shop in …
Persistent link: https://www.econbiz.de/10005677642
significant increase in the price of rice, especially in the south; second, liberalization of the fertilizer market and the sharp … market reforms can have a significant impact on incentives, without adverse consequences for income distribution. …
Persistent link: https://www.econbiz.de/10005677408
Our analysis of a rich representative household survey for Malawi, where patrilineal and matrilineal institutions coexist, suggests that (a) in matrilineal societies the likelihood of cash crop cultivation by a household increases with the extent of land owned (or de facto controlled) by males,...
Persistent link: https://www.econbiz.de/10011161377
-setting behaviour of firms endowed with market power, and more specifically, using the notion of mark-up pricing. Using some recent …
Persistent link: https://www.econbiz.de/10005784599
foreign banks in Bulgaria and argue that the current predominance of foreign banks is unlikely to be permanent, even without … government action. Foreign banks have entered Bulgaria several times—before World War I, again after that war, and after the fall …
Persistent link: https://www.econbiz.de/10005784607
Under perfect competition and constant returns to scale, firms producing homogeneous products set their prices at their marginal costs which also equal their average costs. However, the departure from these standard assumptions has important implications with respects to the derived theoretical...
Persistent link: https://www.econbiz.de/10005784761
Ottoman rule, newly independent Bulgaria adopted the bimetallic standard. Without being a member of the Latin Monetary Union … concerned the limit on silver coinage. The absence of such a clause in Bulgaria turned out to be crucial since the financial … acquired the right to issue silver-backed banknotes. Soon after that, in 1906, Bulgaria introduced a short-lived typical Gold …
Persistent link: https://www.econbiz.de/10008528991
The importance of analysing inflation sources and dynamics in Bulgaria is imposed by (i) the long run process of price … an attempt to estimate Balassa - Samuelson (BS) effect in Bulgaria (after the introduction of the Currency Board). The BS …
Persistent link: https://www.econbiz.de/10005652645
convey. As one would expect, as regimes change, so do the banknotes. Bulgaria has a rich history of change having gone from …
Persistent link: https://www.econbiz.de/10005652672