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market economies. These transitions entail far-reaching and complex changes in social, economic and political institutions … that characterise the transition process in both the economic and political realms. Contrary to a widespread assumption …, market-supporting institutions do not necessarily arise when assets are privatised in a highly unstable and uncertain …
Persistent link: https://www.econbiz.de/10014455426
We analyze the effects on teacher retention and between school mobility of a program that rewards excellence in pedagogical practice in Chile. Teachers apply voluntarily for the award and those who succeed on a set of assessments receive a 6 percent annual wage increase for up to 10 years. We...
Persistent link: https://www.econbiz.de/10011883399
The extensive sorting of more talented teachers into the most advantaged schools contributes to the wide socioeconomic achievement gaps in Latin America. The Chilean Pedagogical Excellence Assignment (AEP, for its Spanish acronym) is a unique program in the region that provides monetary...
Persistent link: https://www.econbiz.de/10012154871
This paper discusses the most important theoretical contributions to the literature on privatization, focusing on emerging economies, and gives a summary on recent research concerning the ways privatization might affect the development of securities markets. In addition, the paper provides a...
Persistent link: https://www.econbiz.de/10011589468
Realisation that foreign startups have the potential to add new and innovative products and services to the market, bring in investment and create more jobs compared to traditional firms, a number of countries are providing fiscal and non-fiscal incentives, including startup visas, to attract...
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We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable equilibrium in the early stage of China's development. The regionally decentralized authoritarian regime of China features lower-level government officials competing for promotion to a...
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