Narrow search
Showing 1 - 10 of 159
Cover Image
Market Liberalization Policies in a Reforming Socialist Economy
Dinopoulos, Elias - 1991
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395972
Cover Image
Structural reform priorities for Brazil
Biljanovska, Nina; Sandri, Damiano - 2018
Over the last few decades, Brazil has experienced relatively weak economic growth due to stagnant productivity. To … boost productivity, Brazil should embark on an ambitious structural reform process. In doing so, it is crucial that … to identify Brazil's reform priorities in two steps. First, it estimates the impact that different reforms have on Brazil …
Persistent link: https://www.econbiz.de/10011932410
Cover Image
Reforming the legal and institutional framework for the enforcement of civil and commercial claims in Portugal
Pompe, Sebastiaan; Bergthaler, Wolfgang - 2015
This paper discusses the recent major reforms in the area of civil and commercial claims enforcement undertaken by the Portuguese authorities in the context of the IMF/EU-supported adjustment program. The economic literature has long recognized that slow claims enforcement affects economic...
Persistent link: https://www.econbiz.de/10011445590
Cover Image
Insolvency and enforcement reforms in Italy
Garrido, José María - 2016
Italian banks are burdened with high levels of nonperforming loans, the cleanup of which depends in important part on the efficiency of insolvency and enforcement processes. Traditionally, these processes in Italy have taken very long, hampering the timely cleanup of balance sheets. In response,...
Persistent link: https://www.econbiz.de/10011711733
Cover Image
Judicial system reform in Italy : a key to growth
Esposito, Gianluca; Lanau, Sergi; Pompe, Sebastiaan - 2014
Persistent link: https://www.econbiz.de/10010388590
Cover Image
Judicial System Reform in Italy : A Key to Growth
Esposito, Gianluca - 2014
The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult business environment. The enforcement of civil and commercial claims suffers from excessive delays in court proceedings, resulting in a very large number of pending cases. The...
Persistent link: https://www.econbiz.de/10014411149
Cover Image
The modern hyperinflation cycle : some new empirical regularities
Saboin-García, José Luis - 2018
Using a database of up to 62 variables for 196 countries over 57 years, a hyperinflation cycle has been characterized to propose a broader setting of stylized facts. Beyond the usual facts, the findings in this paper contribute to the literature of modern hyperinflations in that these cycles...
Persistent link: https://www.econbiz.de/10011978555
Cover Image
The Underground Economy : Estimation, and Economic and Policy Implications: The Case of Pakistan
Shabsigh, Ghiath - 1995
This paper estimates the size of the underground economy in Pakistan and analyzes its impact on Government fiscal position and the allocation of economic resources in the national economy. The results suggest that there is a mutual dependency between the size of the underground economy and...
Persistent link: https://www.econbiz.de/10014398070
Cover Image
Index Number Biases During Price Liberalization
Osband, Kent - 1991
When a formerly centrally-planned economy frees prices and allows or compels producers to respond to market signals, conventional measures tend to severely overstate short–run output decline and inflation. In part the overstatement stems from neglect of private sector activity, or from belated...
Persistent link: https://www.econbiz.de/10014398096
Cover Image
Price Reform and Durable Goods in the Transition to a Market Economy
Agénor, Pierre-Richard - 1993
The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock...
Persistent link: https://www.econbiz.de/10014396041