Financial sector reform in the Baltic countries is reviewed in light of the banking crises that emerged during the … reform period. It is argued that the crises had their roots in the structural deficiencies specific to planned economies and … systemic effects and a minor negative impact on output and incomes. The crises slowed down the financial reform process, but …

Using data from the US, UK, Japan and Canada, this paper provides evidence on the benefits to an economy from …

financial markets and spillovers from Europe to Japan. The results also suggest that the uncertainty about the direction of …

cross-country survey on people's opinions on employment protection legislation-an area where reform has proven to be … personal pay-offs. A randomized information treatment confirms that beliefs explain views about reform, but beliefs can change …

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

designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude … of the welfare impact of subsidy reform and its distribution across income groups, incorporating more recent studies and … subsidy reform for countries where the data necessary for such an analysis is not available …