Showing 1 - 10 of 6,305
, despite far-reaching reforms, including privatization, liberalization, and deep regional integration. Social indicators … differ from that in other parts of Africa, despite more centralized institutions. …
Persistent link: https://www.econbiz.de/10005645164
The growth literature has had problems explaining the "sub-Saharan African growth dummy" in cross-country regressions. Instead of taking the usual approach of focusing on long-run growth and assuming that sub-Saharan countries have homogenous parameters in growth regressions, we concentrate our...
Persistent link: https://www.econbiz.de/10005605430
The Swedish economy has developed rapidly since the mid-1990s relative to most comparable countries, in particular relative to almost all other EU-15 countries. We investigate two policy areas that are believed to have been important for the strong economic development in Sweden during the last...
Persistent link: https://www.econbiz.de/10010729195
change and explores the links between policy and institutions in the context of economic reforms. Thus successful … introduction of new policies may require new institutions and the degree of success in changing policies may depend on the degree … to which existing institutions are modified. The literature on Institutions and Development has dealt with questions of …
Persistent link: https://www.econbiz.de/10005537287
The demise of the Berlin Wall and the collapse of the USSR signaled a rush to privatization in Central and Eastern …-owned-and-operated enterprises to private owners and/or managers in order to create a viable private sector, capital markets and other institutions … and processes, which describe a free market capitalist system. However, the pace of privatization has not been the same …
Persistent link: https://www.econbiz.de/10011272685
The Lebanese authorities have requested follow-up Emergency Post-Conflict Assistance with an access of 12.5 percent of quota to support their economic program. The 2006 war with Israel led to a political stalemate and repeated outbreaks of domestic fighting until the formation of a national...
Persistent link: https://www.econbiz.de/10011244535
Serbia’s transition to a more sustainable growth model remains incomplete and fragile. A precautionary Stand-By Arrangement (SBA) has been requested to insure against external risks and to provide a policy anchor. The program represents a prudent step in the present uncertain global and...
Persistent link: https://www.econbiz.de/10011245396
This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility (PRGF) for Georgia. All quantitative performance criteria (PCs) for end-December 2004 were met, but the indicative target on reserve money growth was exceeded, mainly because of large...
Persistent link: https://www.econbiz.de/10005768417
The purpose of this study is to analyze the sources of economic growth in Ukraine, which has been observed from the second half of 1999. In addition, we intend to answer the question what is the sustainability of this growth, i.e. putting in other words, what are the chances and conditions for...
Persistent link: https://www.econbiz.de/10008529169
This paper examines the Republic of Moldova’s Fourth Review under the Poverty Reduction and Growth Facility and request for Waiver of Nonobservance of Performance Criterion. Investors have been attracted by Moldova’s low costs, and export prospects have improved with the resumption...
Persistent link: https://www.econbiz.de/10011243006