Showing 1 - 10 of 339
countries—namely Algeria, Egypt, and Poland—have tackled reforms in these areas …
Persistent link: https://www.econbiz.de/10014399610
provide guidance to policymakers regarding bank privatization …This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector …
Persistent link: https://www.econbiz.de/10014400089
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
Strong governance frameworks for public enterprises have long been an anchor of stability and efficiency underpinning their financial operations and performance. Cross-country experiences with the adoption of robust legal, regulatory and institutional arrangements-in line with international best...
Persistent link: https://www.econbiz.de/10013170011
institutional weakness in Ukraine and quantify the long-term growth impact of catching-up to Poland in terms of the quality of major … quality is weakest compared to Poland, followed distantly by market competition, openness to trade and financial depth. Using … most optimistic scenario, where institutional gaps are fully addressed, Ukraine would need 15 years to catch up to Poland …
Persistent link: https://www.econbiz.de/10012604788
Many Sub-Saharan African (SSA) countries, like Benin, have scaled up public investment during the last decade. Such a strategy contributed to the improvement of infrastructure, but also to a build-up of debt vulnerabilities. Looking forward, the planned fiscal consolidation will result in some...
Persistent link: https://www.econbiz.de/10012795087
This paper examines the extent to which firms in selected MENA countries reported being constrained by the business environment around the time of the Arab Spring and the extent to which these constraints affected their employment performance. The results suggest that small firms in MENA faced...
Persistent link: https://www.econbiz.de/10012103780
This paper studies the main determinants of the sharp decline in Colombia’s private saving rate which accompanied the steep deterioration of the country’s external current account deficit in the 1990s. The paper rejects current arguments pointing to a consumption boom and corporate behavior...
Persistent link: https://www.econbiz.de/10014400422
What are the relative roles of macroeconomic variables, structural policies, and initial conditions in explaining the time path of output in transition and the large observed differences in output performance across transition economies? Using a sample of 26 countries, this paper follows a...
Persistent link: https://www.econbiz.de/10014400551
This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies … is reviewed, along with the question of whether privatization efforts support or hinder de novo private sector …
Persistent link: https://www.econbiz.de/10014403469