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(Self-) Enforcement of Joint Implementation and Clean Development Mechanism Contracts

Janssen, Josef - 1999

International climate protection investments (Joint Implementation and Clean Development Mechanism projects) are burdened with problems of contract enforcement, which prevent the realisation of efficiency gains associated with these investments. The paper analyses this problem from the...

Persistent link: https://www.econbiz.de/10011608478

Using the law to change the custom

Aldashev, Gani; Chaara, Imane; Platteau, Jean-Philippe; … - 2010

We build a simple model of legal dualism in which a pro-poor legal reform, under certain conditions, causes the conflicting custom to go some way toward producing the change intended by the legislator. It then acts as an 'outside anchor' that exerts a 'magnet effect' on the custom. We illustrate...

Persistent link: https://www.econbiz.de/10010272508

An Empirical Analysis of the Public Spending Decomposition on Organized Crime

Berrittella, Maria; Provenzano, Carmelo - 2016

The aim of this paper is to investigate, empirically, what components of the public spending imply a decreasing effect on the organized crime and what components create opportunities for the organized crime, discussing also the role of government efficiency. The findings show a strikingly...

Persistent link: https://www.econbiz.de/10011492369

Citizenship Laws and International Migration in Historical Perspective

Bertocchi, Graziella; Strozzi, Chiara - 2005

We investigate the origin, impact and evolution of citizenship laws. Citizenship laws originate from the common and civil law traditions, which apply jus soli and jus sanguinis, respectively. We compile a data set across countries of the world starting from the 19th century. The impact of the...

Persistent link: https://www.econbiz.de/10010312289

Privatization and Restructuring in Concentrated Markets

Norback, Pehr-Johan; Persson, Lars - 2004

This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....

Persistent link: https://www.econbiz.de/10011324978

The Political Economy of Privatization: Why Do Governments Want Reforms?

Boerner, Kira - 2004

International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …

Persistent link: https://www.econbiz.de/10011324980

The Missing Shock: The Macroeconomic Impact of British Privatisation

Florio, Massimo; Grasseni, Mara - 2004

The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...

Persistent link: https://www.econbiz.de/10011324982

Privatisation Methods and Economic Growth in Transition Economies

Bennett, John; Estrin, Saul; Maw, James; Urga, Giovanni - 2004

We investigate the impact of differences in privatisation method on national economic performance in transition economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period 1990-2001. Among our results, we find that mass...

Persistent link: https://www.econbiz.de/10011324983

Reluctant Privatization

Bortolotti, Bernardo; Faccio, Mara - 2004

through 2000. We find that governments do not relinquish control after "privatization." We show that the market-to-book ratios …

Persistent link: https://www.econbiz.de/10011325012

Privatization and Financial Market Development: Theoretical Issues

Chiesa, Gabriella; Nicodano, Giovanna - 2003

Stock market capitalization in developed countries grew while massive privatization plans were in progress. It is …

Persistent link: https://www.econbiz.de/10011325030