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The purpose of this report is to gain an understanding of the financial reporting requirements for companies whose equity or debt securities are listed for trading on a regulated market in a jurisdiction in addition to or instead of the requirements for commercial enterprises in general. There...
Persistent link: https://www.econbiz.de/10012248293
"This paper briefly reviews new indices of trade restrictiveness and trade facilitation that have been developed at the World Bank. The paper also compares the trade impact of different types of trade restrictions applied at the border with the effects of domestic policies that affect trade...
Persistent link: https://www.econbiz.de/10010520962
"The authors explore the relationship between transaction costs and generalized trust. Using panel data from 2,100 households in 135 rural communities of the Philippines, the paper shows that where transaction costs are reduced (proxied by road construction), there is an increase in generalized...
Persistent link: https://www.econbiz.de/10010521053
"Trade costs and nontariff barriers are at the forefront of discussions on competitiveness and expanding trade opportunities for developing countries. This paper provides a summary overview of data and indicators relevant to these issues and has been informed by work underway at the World Bank...
Persistent link: https://www.econbiz.de/10010522161
"Zervos documents the precise costs of debt and equity issuance, both domestically and internationally, for firms in Brazil, Chile, and Mexico. Costs include investment banking and legal fees, regulatory and exchange listing costs, rating agency fees, and expenditures for marketing and...
Persistent link: https://www.econbiz.de/10010522910
"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
"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
alternative will not grow unless rent, management, and tax reforms are boldly implemented and housing privatization truly …
Persistent link: https://www.econbiz.de/10010522176
"This paper takes stock of recent privatization trends, examines the extent to which government ownership is still … 2003, 120 developing countries carried out nearly 8,000 privatization transactions and raised …
Persistent link: https://www.econbiz.de/10010522435