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Indonesia experienced another year of modest growth amidst a hesitant global recovery, and a deteriorating investment climate. Significant progress was made in democratization, macroeconomic stability and fiscal sustainability, but growth did not pick up and progress in poverty reduction...
Persistent link: https://www.econbiz.de/10012559050
Regulating infrastructure utilities can be extremely complex and fraught with risks of political interference and capture by interest groups, especially in countries with little tradition of politically independent government agencies. To deal with these challenges, policymakers and regulators...
Persistent link: https://www.econbiz.de/10012556367
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government. Reform thus requires paying as much attention to understanding the politics and institutional dimensions as to policy … "manual" for reform, given diverse contexts and serendipity in any reform effort. But three broad lessons emerge. The first is … to recognize and seize opportunities for reform. Crisis and new governments are important catalysts, but so is the …
Persistent link: https://www.econbiz.de/10010522076
businesses and reorganizing viable ones. The authors test the model using the Colombian bankruptcy reform of 1999. Using data … from 1,924 firms filing for bankruptcy between 1996 and 2003, they find that the pre-reform reorganization proceeding was … lowering reorganization costs, the reform improved the selection of viable firms into reorganization. In this sense, the new …
Persistent link: https://www.econbiz.de/10010522092
affects access, quality, and labor productivity, but negatively affects affordability. However, reform policies affect … it affects performance and interacts with reform policies. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010522238
government. Reform thus requires paying as much attention to understanding the politics and institutional dimensions as to policy … "manual" for reform, given diverse contexts and serendipity in any reform effort. But three broad lessons emerge. The first is … to recognize and seize opportunities for reform. Crisis and new governments are important catalysts, but so is the …
Persistent link: https://www.econbiz.de/10010522294
evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries …. They find that country institutions and sector governance play an important role in the success and failure of reform. And …
Persistent link: https://www.econbiz.de/10010522650
"Estache and Rossi bring new empirical evidence on the impact of the choice of ownership and regulatory regime on firms' productivity and prices paid by consumers. They collect the evidence from a sample of electricity distribution companies in Latin America. The authors rely on estimations of...
Persistent link: https://www.econbiz.de/10010522914