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"The paper evaluates the effects of privatization in the post-communist economies and China. In post …-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of … privatization to domestic owners are less impressive and vary across regions, coinciding with differences in policies and …
Persistent link: https://www.econbiz.de/10011394105
"Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment, and international transactions. However, large differences exist across transition economies with respect to services intensity and services...
Persistent link: https://www.econbiz.de/10010522537
Persistent link: https://www.econbiz.de/10010525399
Persistent link: https://www.econbiz.de/10010524366
"Loayza and Soto present policy and outcome-based ways of measuring the progress of market-oriented reforms in both traditional areas of first-generation reform and the areas of institutional reform that have been emphasized lately. These policy areas are the domestic financial system,...
Persistent link: https://www.econbiz.de/10010522963
In January 1999, Poland launched a new pension system that was the result of 5-6 years of broad outreach campaigns and complex negotiations within the government and between the government and key stakeholder groups. A number of compromises were made to broaden support for the reform; these...
Persistent link: https://www.econbiz.de/10012556412
Serbia needs to transition to a greener growth model for internal and external reasons. Internally, Serbia's economy is still characterized by low energy and resource productivity, with significant impacts on health and the environment. As a candidate country for EU membership, Serbia also needs...
Persistent link: https://www.econbiz.de/10013544868
"The authors analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual policy stances over time. While there is substantial...
Persistent link: https://www.econbiz.de/10010522111
"The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …
Persistent link: https://www.econbiz.de/10010522112
"The authors analyze the impact of privatization on the performance of 116 electric utilities in 10 Latin American … the first systemic analysis of the impact of privatization on the distribution of the electricity sector. Second, it … picture of the effects of privatization on consumers. Fourth, this research covers a longer period of time, and evaluates …
Persistent link: https://www.econbiz.de/10010522126