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Services Policies in Transition Economies : On the European Union and the World Trade Organization as Commitment Mechanisms
Eschenbach, Felix - 2016
The authors analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual policy stances over time. While there is substantial...
Persistent link: https://www.econbiz.de/10012748029
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Cross-Border Mergers and Acquisitions in Services : The Role of Policy and Industrial Structure
Barattieri, Alessandro - 2017
develops a stylized model of mergers and acquisitions that predicts that the incidence of merger and acquisition deals depends … costs. These predictions are examined with bilateral merger and acquisition flow data and detailed information on policy … probability of merger and acquisition inflows but this negative effect is mitigated in countries with relatively large shares of …
Persistent link: https://www.econbiz.de/10012973145
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Determinants of International Buyout Investments
Aldatmaz, Serdar - 2020
Using a comprehensive and proprietary data set on international private equity activity, this paper studies the determinants of buyout investments across 61 countries and 19 industries over 1990-2017. The study finds evidence that macroeconomic conditions, development of stock and credit...
Persistent link: https://www.econbiz.de/10012838894
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Structural Transformation in Africa : A Historical View
Enache, Maria - 2017
This paper presents evidence suggesting that the relationship between income and economic structure is shifting over time, with countries across the income distribution uniformly increasing the share of labor in service sectors and an increasingly less stark relationship between manufacturing...
Persistent link: https://www.econbiz.de/10012968717
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Beyond Capital : Monitoring Development Outcomes of Multinational Enterprises
Lejarraga, Iza - 2018
This study presents a novel set of indicators on outcomes of foreign direct investment spanning 63 developing countries and 10 areas that matter for development. Building on decade-long data collection by the World Bank Enterprise Surveys, the indicators highlight systematic differences between...
Persistent link: https://www.econbiz.de/10012906342
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Should Income Inequality Be Reduced and Who Should Benefit? Redistributive Preferences in Europe and Central Asia
Cojocaru, Alexandru - 2017
This paper examines support for reducing inequality and for income redistribution to specific groups in Europe and Central Asia. The paper uses the Life in Transition Survey to analyze cross-country differences in redistributive preferences and the determinants of individual-level differences in...
Persistent link: https://www.econbiz.de/10012972504
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Finding a Balance between Growth and Vulnerability Trade-Offs : Lessons from Emerging Europe and the CIS
Ghosh, Swati - 2017
This paper examines the growth patterns of emerging Europe and the Commonwealth of Independent States (CIS) countries prior to the global financial crisis. The aim is to draw lessons on what policies can best position these countries going forward to enjoy growth without a buildup in macro and...
Persistent link: https://www.econbiz.de/10012976091
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History of Events and Life-Satisfaction in Transition Countries
Dabalen, Andrew - 2017
Using Life in Transition Survey data for 27 transition countries, the findings of this paper suggest that higher life satisfaction is correlated with lesser experience of unpleasant events such as labor market shock or economic distress, mostly in the recent past. Social capital such as trust,...
Persistent link: https://www.econbiz.de/10012976211
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How Natural are Natural Monopolies in the Water Supply and Sewerage Sector? Case Studies from Developing and Transition Economies
Nauges, Céline - 2016
Using data from the International Benchmarking NETwork database, the authors estimate measures of density and scale economies in the water industry in four countries (Brazil, Colombia, Moldova, and Vietnam) that differ substantially in economic development, piped water and sewerage coverage, and...
Persistent link: https://www.econbiz.de/10012747840
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Exchange Rate Flexibility and the Effect of Remittances on Economic Growth
Lartey, Emmanuel K. K. - 2017
This paper studies the question of whether exchange rate policy affects the impact of remittances on economic growth in recipient countries. The paper utilizes a comprehensive data set that comprises annual observations for 135 developing and transition countries, spanning 1970-2007. The data...
Persistent link: https://www.econbiz.de/10012966409