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Does economic uncertainty promote the implementation of structural reforms? We answer this question using one of the … most exhaustive cross-country panel data set on reforms in six major areas and measuring economic uncertainty with stock … find that uncertainty has a positive and significant effect on the adoption of reforms. This result is robust to the …
Persistent link: https://www.econbiz.de/10011933453
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 … that such reforms are significantly less likely to succeed in the presence of non-programmatic political parties. Earlier …
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This paper analyzes reforms and counter-reforms in Bolivia in recent decades and their effects on the policymaking …. While reforms have increased productivity, they have failed to secure the political support necessary to assure long …-term sustainability. In contrast, counter-reforms have so far enjoyed extensive political support, but productivity has stagnated since …
Persistent link: https://www.econbiz.de/10010247929
Some regulatory reforms do not change just a specific signal that can be represented by a quantitative continuous … variable, such as a tax rate, a price cap, or an emission threshold. The standard theory of reform in applied welfare economics … social welfare of changing a policy signal? However, reforms such as privatization, unbundling or liberalization of network …
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