Showing 1 - 10 of 186
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009503832
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10009488896
We build a simple theoretical model to understand why developing and transition economies have increasingly applied anti-dumping laws. To that end, we investigate the strategic incentives of oligopolistic exporting firms to undertake dumping in these economies. We show that dumping may be due to...
Persistent link: https://www.econbiz.de/10002523874
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of … macroeconomic adjustment, general market deregulation, and promotion of private investment in the provision of public infrastructure … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on …
Persistent link: https://www.econbiz.de/10011507688
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
This paper carries out an overview of the recent history of privatisation in Spain. At this point, the paper focuses on the analysis of the economic, financial and political objectives pursued by successive Spanish Administrations. It is argued that privatisation policy has been inconsistent...
Persistent link: https://www.econbiz.de/10011401386
The purpose of this paper is to analyse the impact of market-oriented institutional reforms in German network industries. A disaggregated approach is chosen, which differentiates between network services, infrastructure management and network infrastructure. The gradual opening of network...
Persistent link: https://www.econbiz.de/10011402409
California disaster. Part of the explanation for these difficulties stems from past successful liberalization and deregulation …
Persistent link: https://www.econbiz.de/10011402612
lackluster economic performance? This paper points to the rushed privatization of East European economies as one plausible driver …
Persistent link: https://www.econbiz.de/10013418954
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10011511101