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Foreign Direct Investment and Structural Reforms : Evidence From Eastern Europe and Latin America
Kinoshita, Yuko - 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/10014401501
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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
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From global savings glut to financing infrastructure : the advent of investment platforms
Arezki, Rabah; Bolton, Patrick; Peters, Sanjay; Samama, … - 2016
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called 'infrastructure investment platforms' are an attempt to tap into the pool of both public and private long-term...
Persistent link: https://www.econbiz.de/10011436772
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The nexus between public enterprise governance, financial performance, and macroeconomic vulnerabilities : an application to Moldova
Hegazy, Amgad; Navarro Lopez, Arturo - 2022
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
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Assessing the macroeconomic impact of structural reforms in Ukraine
Ari, Anil; Pula, Gábor - 2021
Ukraine's economic performance has been anemic since the early 1990s. A major impediment to productivity growth has been low investment, held back by lack of strong and independent institutions. This paper aims to assess the major areas of institutional weakness in Ukraine and quantify the...
Persistent link: https://www.econbiz.de/10012604788
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Successful transitions from public to private-sector led growth : lessons for Benin
Diallo, Aissatou - 2021
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
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Private sector job creation in MENA : prioritizing the reform agenda
Baduel, Bénédicte; Geginat, Carolin; Pierre, Gaëlle - 2019
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
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Privatization and Restructuring : An Incomplete-Contract Approach
Bös, Dieter - 1996
privatization agency, and by both. In the first two cases—one-sided restructuring—a first best can be achieved. In the case of both …
Persistent link: https://www.econbiz.de/10014398112
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A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia
Kwon, Goohoon - 1995
reflect substantial business risks in those countries and that rapid privatization and commercialization may contribute to a …
Persistent link: https://www.econbiz.de/10014398204
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Privatization in East Germany : A Survey of Current Issues
Bös, Dieter - 1992
This paper deals with the privatization, restructuring, and liquidation of East German industrial firms. A partnership … model is suggested for privatization where the Government’s property trust (Treuhandanstait (THA)) is made a silent partner …
Persistent link: https://www.econbiz.de/10014398745