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Local governments’ fiscal balance, privatization, and banking sector reform in transition countries

Crivelli, Ernesto - 2012

liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline …? The answer is clearly 'no' for privatization considered in isolation. However, privatization and subnational f …

Persistent link: https://www.econbiz.de/10009618582

What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador.

Nery Saca, Nolvia - 2006

Intro -- Contents -- I. INTRODUCTION -- II. BRIEF REVIEW OF RESEARCH ON EL SALVADOR'S RECEIPTS OF REMITTANCES -- III. STYLIZED FACTS OF EL SALVADOR'S ECONOMY, 1995-2004 -- IV. MODEL SPECIFICATION AND DATA ISSUES -- V. EMPIRICAL EVIDENCE: TRANSMISSION MECHANISM -- VI. CONCLUSIONS AND ECONOMIC...

Persistent link: https://www.econbiz.de/10012691067

Pension Privatization and Country Risk

Cuevas, Alfredo - 2008

pension liabilities during the reform's transition period, a pension privatization reform may transform IPD int …

Persistent link: https://www.econbiz.de/10012677645

Tackling Private Over-Indebtedness in Asia : Economic and Legal Aspects

Garrido, Jose - 2020

One consequence of interest rates remaining 'too low for too long' since the Global Financial Crisis is the buildup in private leverage in emerging economies. These vulnerabilities have been laid bare by the COVID-19 shock. This paper employs the growth at risk framework (Adrian, Boyarchenko,...

Persistent link: https://www.econbiz.de/10014408871

Foreign Direct Investment and Structural Reforms; Evidence From Eastern Europe and Latin America

Kinoshita, Yuko; Campos, Nauro F. - International Monetary Fund (IMF) - 2008

This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and …

Persistent link: https://www.econbiz.de/10005826274

The role of risk and information for international capital flows : new evidence from the SDDS

Hashimoto, Yūko; Wacker, Konstantin - 2012

In this paper we investigate whether better information about the macroeconomic environment of an economy has a positive impact on its capital inflows, namely portfolio and foreign direct investment (FDI). The purpose of our study is to explicitly quantify information asymmetries by compliance...

Persistent link: https://www.econbiz.de/10009659821

D Spillovers and Institutions.

Coe, David T. - 2008

Intro -- Contents -- I. INTRODUCTION -- II. DATA -- III. ECONOMETRIC PRELIMINARIES -- IV. "INTERNATIONAL R&D SPILLOVERS" REVISITED -- V. INSTITUTIONS AND INTERNATIONAL R&D SPILLOVERS -- VI. CONCLUSIONS -- APPENDIX A: ALTERNATIVE SPECIFICATION -- APPENDIX B: DATA SOURCES AND DEFINITIONS --...

Persistent link: https://www.econbiz.de/10012682177

Capital Flows to Central and Eastern Europe.

Milesi-Ferretti, Gian Maria - 2006

Intro -- Contents -- I. INTRODUCTION -- II. THE MAIN STYLIZED FACTS: AGGREGATE DATA -- III. THE MAIN STYLIZED FACTS: BILATERAL DATA -- IV. CAPITAL FLOWS AND EXTERNAL ADJUSTMENT -- V. CONCLUDING REMARKS -- REFERENCES.

Persistent link: https://www.econbiz.de/10012690974

Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses.

Rochon, Céline - 2006

Persistent link: https://www.econbiz.de/10012691152

Do Some Forms of Financial Flows Help Protect from Sudden Stops?.

Levchenko, Andrei A - 2006

Intro -- Contents -- I. INTRODUCTION -- II. BEHAVIOR OF DIFFERENT TYPES OF FINANCIAL FLOWS -- III. BEHAVIOR DURING SUDDEN STOPS IN FINANCIAL FLOWS -- IV. CONCLUSIONS AND POSSIBLE EXTENSIONS -- REFERENCES.

Persistent link: https://www.econbiz.de/10012691174

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