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State ownership and control in the Czech Republic
Kočenda, Evžen; Hanousek, Jan - 2009
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …
Persistent link: https://www.econbiz.de/10003887481
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Activists versus captured regulators
Daubanes, Julien; Rochet, Jean-Charles - 2013
We analyze the consequences of activism in a regulated industry where the regulator has been captured by the industry. Unlike ordinary economic agents, activists are insensitive to monetary incentives. Moreover, they are less well informed than regulators and their actions generate dead-weight...
Persistent link: https://www.econbiz.de/10010199716
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Different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach
Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich; … - 2005
larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing …
Persistent link: https://www.econbiz.de/10003204038
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A macroeconomic analysis of energy subsidies in a small open economy
Glomm, Gerhard; Jung, Jürgen - 2015
sector production. The model is calibrated to Egypt and used to study reforms such as reductions in energy subsidies with …
Persistent link: https://www.econbiz.de/10010479353
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Whither public interest : the case of Greece's public finances
Moutos, Thomas; Tsitsikas, Christos - 2010
During the last three decades there has been an almost continuous undermining of the public interest by private interests operating either outside or inside Greek public administration. The result of this infiltration has been a gradual loss of bureaucratic autonomy to pursue the public...
Persistent link: https://www.econbiz.de/10003979327
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After … defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform … industry-specific SOE reform trends as well as the latest reform developments. Until today, a stable, successful, longterm …
Persistent link: https://www.econbiz.de/10012026451
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Direct democracy : chances and challenges
Kirchgässner, Gebhard - 2015 - Extended written version, May 2015
This paper discusses several problems of direct popular decisions. In the first part, we consider problems related to the functioning of direct democracy. As a political system it only makes sense if there exists a continuous process and not if only occasional single questions are brought to a...
Persistent link: https://www.econbiz.de/10010528966
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Elite persistence and policy persistence : re-installed mayors from Weimar Germany
Nitschke, Remo; Rösel, Felix - 2023
changed. We conclude that elite persistence dominates place-based features such as geography or population preferences in …
Persistent link: https://www.econbiz.de/10013536127
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Improving the SGP : taxes and delegation rather than fines
Lindbeck, Assar (contributor); Niepelt, Dirk (contributor) - 2005
We analyze motivations for, and possible alternatives to, the Stability and Growth Pact (SGP). With regard to the former, we identify domestic policy failures and various cross-country spillover effects; with regard to the latter, we contrast an economic-theory" perspective on optimal corrective...
Persistent link: https://www.econbiz.de/10002576733
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Privatization in Italy 1993-2002 : goals, institutions, outcomes, and outstanding issues
Goldstein, Andrea - 2003
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on … analysis of the consequences of privatization on corporate governance show that, notwithstanding considerable changes in the …
Persistent link: https://www.econbiz.de/10011507688