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The United States and the New Regionalism/ Bilateralism
Yang, Yongzheng - 2003
Current U.S. trade policy stresses establishing free trade areas (FTAs) with partners spanning the globe. Motivations include enhancing goods and services trade; stimulating investment flows; extending standards on intellectual property rights, labor, and the environment; and addressing...
Persistent link: https://www.econbiz.de/10014403997
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Efficiency and Legitimacy : Trade-Offs in IMF Governance
Cottarelli, Carlo - 2005
, because steps to enhance the legitimacy of such an institution through constraints on its decision-making process may affect … its operational efficiency. Potential trade-offs between legitimacy and efficiency exist for any public institution but … the specific ways in which legitimacy is pursued-that is, on the specific constraints that are set. Strategic reforms …
Persistent link: https://www.econbiz.de/10014400744
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Do subnational fiscal rules foster fiscal discipline? : new empirical evidence from Europe
Kotia, Ananya; Lledó, Victor D. - 2016
This paper studies how fiscal rules interact with the intergovernmental fiscal framework to foster fiscal discipline among European subnational governments. We use political variables describing the fiscal attitudes of the central government as instruments to obtain consistent estimates of the...
Persistent link: https://www.econbiz.de/10011705636
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Cooption and Repression in the Soviet Union
Grossman, Hershel I. - 2000
The Soviet ruling elite, the nomenklatura, used both cooption and political repression to encourage loyalty to the communist regime. Loyalty was critical both in defusing internal opposition to the rule of the nomenklatura and in either deterring or defeating foreign enemies of the Soviet Union....
Persistent link: https://www.econbiz.de/10014400242
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Conducting Monetary and Credit Policy in Countries of the Former Soviet Union : Some Issues and Options
Bredenkamp, Hugh - 1993
This paper surveys some of the principal monetary policy issues facing countries of the former U.S.S.R. The emphasis is …
Persistent link: https://www.econbiz.de/10014396162
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Systemic Requirements for Monetary Stability in Eastern Europe and the Former Soviet Union
Rostowski, Jacek - 1994
The primary function of banks during economic transformation is seen to be provision of an efficient payments mechanism. The lack of banking skills, particularly in credit allocation, is seen as the major problem in stable monetary systems. This is a problem which can be expected to last many...
Persistent link: https://www.econbiz.de/10014396465
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Money and Banking Statistics in Former Soviet Union (FSU) Economies
Nahr, K. Wilhelm - 1992
This paper addresses the major issues concerning the compilation of money and banking statistics for the fifteen republics of the former Soviet Union (FSU), including (1) the treatment of ruble currency circulation and (2) the classification of claims on FSU financial institutions. The paper...
Persistent link: https://www.econbiz.de/10014397387
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Drift in Producer Price Indexes for the Former Soviet Union (FSU) Countries
Zieschang, Kimberly D. - 1994
The purpose of this paper is to show that, under the price fluctuations that characterize most transition economies, the commonly used chain index derived from the published month-to-month price change of the PPI in some cases dramatically overstates the rate of price inflation. The analysis is...
Persistent link: https://www.econbiz.de/10014395763
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Health and Education Expenditures in Russia, the Baltic States, and the Other Countries of the Former Soviet Union
Horton, Mark A. - 1996
Russia, the Baltic states and the other countries of the former Soviet Union inherited health and education systems that were in need of substantial structural and financial reform. In spite of a sharp decline of real resources, this reform has barely begun. While health and education have not...
Persistent link: https://www.econbiz.de/10014395920
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Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union
Tsyvinski, Aleh - 2002
A decade into the transition, many of the successor states of the former Soviet Union (FSU) continue to use energy sector quasi-fiscal activities (QFAs), especially low energy prices and the toleration of payment arrears, to provide large implicit and untargeted subsidies. These activities...
Persistent link: https://www.econbiz.de/10014399703