Showing 1 - 10 of 26
This paper surveys the theoretical and empirical literature on the role of state-owned banks and also presents some new results and a robustness analysis. The paper shows that state-owned banks located in developing countries have fiscal costs because they are characterized by lower returns than...
Persistent link: https://www.econbiz.de/10010327147
Privatization policy faces increasing popular opposition in Latin America. We test for the determinants of this … countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral … variables as controls. Our main finding is that disagreement with privatization is more likely when the respondent is poor …
Persistent link: https://www.econbiz.de/10010267576
This paper investigates the role of structural reforms - privatization, financial reform and trade liberalization as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and …
Persistent link: https://www.econbiz.de/10010268588
spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress … somewhat. One of the main lessons for privatization policy makers in MENA countries from the experience in other regions is …
Persistent link: https://www.econbiz.de/10011430885
This paper offers an explanation for variations in the effectiveness of trade unions to obtain legislative and policy concessions in peak-level tripartite negotiations in post-communist East Central Europe. I examine the usefulness of some standard interpretations for such variations, namely...
Persistent link: https://www.econbiz.de/10010296048
This paper first analyzes the comparative economic growth performance of Latin America in the period 1950-2001. Then it reviews industrial and trade policies, macroeconomic stabilization and institutional development in Latin American countries. In the final section the emerging approach to...
Persistent link: https://www.econbiz.de/10010274719
Most transition countries used tax-supported wage norms in the early 1990's, as a part of their market liberalization programs. This paper analyses how a firm-level tax (or subsidy) on deviations from a pre-set wage norm may promote employment by rotating the labor demand curve perceived by the...
Persistent link: https://www.econbiz.de/10011506729
The debate on the privatization of enterprises in Eastern Europe often presumes that enterprises are still controlled … adopt a myopic attitude, and neglect the long-run profitability of their firms. Centrally organized privatization programs …. However, such privatization programs challenge the present position of managers, workers, and local bureaucrats. The insiders …
Persistent link: https://www.econbiz.de/10010305388
Persistent link: https://www.econbiz.de/10010306686
Mass privatization offers a particularly suitable framework to study the change in ownership concentration as the … extent of change is unusual for a stable market economy. Focusing on two different mass privatization schemes in two …
Persistent link: https://www.econbiz.de/10011324998