The Japanese Fiscal Investment and Loan Progam (FILP) will be fundamentally changed in April 2001. We are comparing the pre- and post-reform Japanese system with the German system of policy-based finance and we have found that the German system is quite different. In the case of the...

In this paper, we provide an explanation of why privatization may attract foreign investorsinterested in entering a regional market. Privatization turns the formerly-public firm into a lessaggressive competitor since profit- maximizing output is lower than the welfare-maximizingone. The drawback...

Die vorliegende Arbeit möchte am Beispiel der deutschen Abwasserwirtschaft zeigen, daß Privatisierungen möglich und auch notwendig sind, zahlreiche Faktoren jedoch dazu beitragen, daß es eben nicht zu diesen Privatisierungen kommt.

The article explores potential interrelationships between New Public Management reforms in the public sector and corrupt behavior of public servants, politicians and/or private providers of public services. It reflects on the impact of different reform strategies on corruption, analyzes possible...

Dieses Papier analysiert das Marketing deutscher Nahverkehrsbetriebe unter besonderer Berücksichtigung der Werbung ihres Branchenverbands.

This paper analyzes how preferences for a non-economic characteristic, such as caste, canaffect equilibrium patterns of matching in the marriage market, and empirically evaluates thisin the context of arranged marriages among middle-class Indians. We develop a model thatdemonstrates how the...