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Institutions in developing countries, particularly those inherited from the colonial period, are often thought to be … subject to strong inertia. This study presents the results of a unique randomized trial testing whether these institutions can …
Persistent link: https://www.econbiz.de/10009651096
This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation of fiscal deficit in 1997 and prohibiting RBI from buying government securities in the primary...
Persistent link: https://www.econbiz.de/10009320271
Productivity growth has long been associated with, among others, contestability of markets which, in turn, is dependent on the ease with which potential competitors to the incumbent firms can enter the product market. There is a growing consensus that in emerging markets regulatory and...
Persistent link: https://www.econbiz.de/10005528126
The Philippines has often been cited as the global model in managing international labor migration. Despite the complexity of our management infrastructure, however, some gaps still remain. This paper reviews the Philippine legal and administrative framework governing the recruitment,...
Persistent link: https://www.econbiz.de/10010568016