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, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role … played by ideas, interests and institutions. More specifically, we examine the role played by the 'reform team' investigate …
Persistent link: https://www.econbiz.de/10012472294
Persistent link: https://www.econbiz.de/10009684175
capture, and then protect, these rents leads to the creation of new distortions, even as the reform process tries to move … governments throughout the economy sought to capture these rents by developing high margin industries. Continued reform, and …, leading local governments to impose a variety of interregional barriers to trade. Thus, the reform process led to the …
Persistent link: https://www.econbiz.de/10012470915
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10012457662
This Working Paper examines India's growth and employment generation performance over the last ten years in the context of key indicators such as fiscal and current account balances and inflation and suggests priorities for macroeconomic reforms. An improvement in the central Government's...
Persistent link: https://www.econbiz.de/10010437775
The challenge of public administration reform is well-known: politicians often have little interest in the efficient … implementation of government policy. Using new data from 439 World Bank public sector reform loans in 109 countries, we demonstrate … second mechanism through which non-programmatic parties undermine public sector reform: clientelistic politicians have weaker …
Persistent link: https://www.econbiz.de/10011292966
country, reform and time fixed effects. …
Persistent link: https://www.econbiz.de/10011933453
Persistent link: https://www.econbiz.de/10014228007
counter-reform process. The document stresses the need to rebuild a consensus around a PMP capable of increasing productivity …
Persistent link: https://www.econbiz.de/10010247929
Does democracy promote economic development? We review recent attempts to address this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends -- in a subtle way -- on the details of democratic...
Persistent link: https://www.econbiz.de/10012466677