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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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State-Owned Banks, Stability, Privatization, and Growth : Practical Policy Decisions in a World without Empirical Proof
Andrews, Michael - 2005
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
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External Sector Reform and Public Enterprise Restructuring
Bhattacharya, Rina - 2000
This paper explores the linkages between external sector reforms and public enterprise restructuring, paying attention to the role of the financial sector in ensuring the success of these reforms in the context of a comprehensive medium-term structural adjustment program. It discusses the...
Persistent link: https://www.econbiz.de/10014399610
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Lessons from two public sector reforms in Italy
Belhocine, Nazim; Jirasavetakul, La-Bhus Fah - 2020
The reform of the Italian public administration has been a priority for at least two decades, with several major initiatives undertaken toward modernization and simplification. Notwithstanding laudable intentions, however, progress remains limited. This analysis is a case study of two reforms...
Persistent link: https://www.econbiz.de/10012177638
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House prices and macroprudential policies : evidence from city-level data in India
Singh, Bhupal - 2020
underscoring the importance of fundamental factors. The estimated models using city-level data for India suggest a strong influence …
Persistent link: https://www.econbiz.de/10012487161
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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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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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Private Saving in Colombia
Ortega, Juan Ricardo - 1998
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