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We assess the effects from the industrial policy of growing state-controlled national champions on the Russian banking system, its concentration and competitiveness. Some light is shed on comparative financial performance of state-controlled banks versus other market participants. We also show...
Persistent link: https://www.econbiz.de/10011258633
The purpose of this note is to provide guidance to Bank staff on the sources of evidence available to inform the assessment of the governance rating and thereby reduce the scope for subjectivity of the annual CPA exercise. It is designed in particular for Country Economists responsible for the...
Persistent link: https://www.econbiz.de/10011260175
This article relies on statistical and empirical data to develop a classification of state-influenced banks. An estimate of such banks’ combined market share by July 1, 2009 is suggested. We identify 53 state-controlled banks in Russia, including state-owned banks and state-governed banks....
Persistent link: https://www.econbiz.de/10011261046
This paper tackles state participation in the Russian financial sector. We take the case of the banking industry to suggest criteria for a more accurate definition of public sector boundaries and an assessment of the actual scale of state presence in the national banking market. The approach for...
Persistent link: https://www.econbiz.de/10005025744
This paper provides evidence for the effectiveness of performance pay to government workers and how performance pay interacts with demand-side information. In an experiment covering 145 child day-care centres, I implement three separate treatments. First, I engineer an exogenous change in...
Persistent link: https://www.econbiz.de/10009220685
This paper presents evidence from a field experiment designed to evaluate the efficacy of anonymous application procedures. While the policy evaluation itself is of interest, more importantly the experiment provides a unique opportunity to detect race based differential treatment in a controlled...
Persistent link: https://www.econbiz.de/10009294688
We briefly describe the evolution of the global process of capitalist accumulation during the neoliberal decades, to stress the “real causes” of the current crisis. This analysis leads to the search for a radical alternative to “austerity”, that is the economic policy approach tied to an...
Persistent link: https://www.econbiz.de/10009372527
This research shows the pay gap between public entities in Ecuador. We use the information of Annex Relation Unit of the Internal Revenue Service and the Civil Registry for 2008 and 2009. The study makes a Mincerian model and an analysis by quintiles to find and compare the wage gap between...
Persistent link: https://www.econbiz.de/10009203635
It is the government role in providing infra-structure and basic amenities for the public. In Malaysia the Work Ministry is formed to oversee this role. Ensuring effectiveness and efficiency, the Public Service Department must identify competencies require for every position created in the Work...
Persistent link: https://www.econbiz.de/10008458524
The performance of the public sector affects us all. There are at least three reasons why we should be interested in how well it functions: it is big; its outputs are special; and it is getting bigger. With all these, in Romania, the performance within the public sector represents a concept not...
Persistent link: https://www.econbiz.de/10005786996