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The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the...
Persistent link: https://www.econbiz.de/10005045923
The recent period of sustained high growth in the United States has drawn attention to its financial system and the … allocation and growth. It provides evidence suggesting that legal and regulatory framework conditions for financial systems, and … particularly their enforcement and transparency, support innovation and investment in new enterprises. In addition, using dynamic …
Persistent link: https://www.econbiz.de/10005046107
streamlining and reduction of incentives to procrastination in the judicial system. Legislative simplification and transparency …
Persistent link: https://www.econbiz.de/10011276806
need for far greater transparency of public bodies and stronger non-judicial means of redress for citizens wishing to … state ownership and regulation.<P>Du « clientélisme » à une culture administrative orientée vers le « client »? Le défi de …
Persistent link: https://www.econbiz.de/10005045967
semi–formal and informal economy had a significant contribution to the expansion of the private sector. Productivity growth … was strong, but labour utilisation remained very low. Looking forward, higher employment and productivity growth will not … new regulation on the voluntary basis to identify the most successful solutions that can be later rolled out to the whole …
Persistent link: https://www.econbiz.de/10008752419
significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly … autorités de régulation sectorielles dans les industries de réseau et les prérogatives de l'Autorité de la concurrence peuvent … régulation sectorielles n'aient pas instauré des règles du jeu équitables, garantissant l'accès des tiers aux infrastructures …
Persistent link: https://www.econbiz.de/10011276785
Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to … improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … 1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that …
Persistent link: https://www.econbiz.de/10008560209
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …
Persistent link: https://www.econbiz.de/10008462847
vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always … identifies the policy framework that promotes investment that is conducive to growth and ensures the appropriate use of … and the application of incentive regulation.<P>L'investissement dans les réseaux d'infrastructure : Liens à la croissance …
Persistent link: https://www.econbiz.de/10005045612
In contrast to what has happened throughout the 1960s and 1970s, some of the largest EU countries and Japan are no longer closing the income gap vis-à-vis the United States. Worse, the gap may even be widening since the mid-1990s. While in the case of Japan the gap in GDP per capita is...
Persistent link: https://www.econbiz.de/10005045617