, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role … played by ideas, interests and institutions. More specifically, we examine the role played by the 'reform team' investigate …

a methodology that accounts for positive spillovers between the structural reform areas, we estimate that even under the …

This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It … effective if this reform takes place after the implementation of LMRs and PMRs …

capture, and then protect, these rents leads to the creation of new distortions, even as the reform process tries to move … governments throughout the economy sought to capture these rents by developing high margin industries. Continued reform, and …, leading local governments to impose a variety of interregional barriers to trade. Thus, the reform process led to the …

reduction in the deficit bias and the induced reduction in the amount of structural reform. A pact becomes more attractive …

instruments, particularly in the case of fiscal policy. As a result of reform, economic management requires the use of “indirect …

limitations on labor’s bargaining power are examined, and the implications for privatization are considered. It is shown that some … combination of tax reform and debt reduction may be a precondition for market-oriented reforms …