the reform's initial success having a negative impact on its political sustainability. Second, we demonstrate that greater … state capacity, to make compensatory transfers to those adversely affected by reform, need not always help the political … sustainability of reform, but can also hinder it. Finally, we argue that in ethnically divided societies, economic reform may be …

, hyperinflation in Germany after World War I, inflation in Argentina since the 1980s, currency reform in Germany after WW II, and …

reforms in the candidate countries, members of the monetary union will increase their reform efforts. The paper also derives …

reforms in the candidate country, members of the monetary union will increase their reform efforts. The paper then proceeds to …

state of the economy in the sense that a policy reform is desirable for them when the fundamentals of the economy change …

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 …

reform and growth policies based on the flying-geese model which highlights "step-by-step" changes in a country …

prices can have profound effects on the dynamics of the business cycle. In addition, a structural reform program that raises …