A cikk a fejlett gazdaságokban elindult kihelyezési hullámmal foglalkozik, amelynek sodrában a vállalatok a korábban házon belül megoldott feladatokat és funkciókat külső vállalkozókra bízzák, átadva gyakran erőforrásaikat, berendezéseiket s olykor munkatársaikat is. Az...

En el presente artículo se reflexiona sobre la importancia que tiene la gestión del conocimiento (tácito y explícito) en las empresas -en donde la información es un insumo relevante-, destacándose cómo puede ser identificado y aprovechado, según el novedoso enfoque Japonés basado en el...

This paper briefly reviews some of the empirical findings of a research team of the University of Milan on privatization in different countries. The discussed effects include: effects on consumers, tax-payers, workers, shareholders; on aggregate growth, public finance, firms’ productivity,...

State-owned and other state-invested enterprises (SIEs) have become more prominent in the global economy over the last decade. A growing role for state-invested enterprises in the marketplace is not in itself onerous. According to an OECD consensus, as expressed through the Organisation’s...

Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...

The Russian Government remains committed to the resource model. Every year more and more difficult to meet the country's needs for material wealth at the expense of resource revenues. The biggest debate is to validate the measures and forms of government involvement in the economy. The results...

Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong. In essence, this is the case for capitalism over socialism, explaining the "dynamic vitality" of free enterprise. The great economists of the 1930s and 1940s...

We study firms' adoption of flexible versus dedicated technologies in the context of a mixed versus a private duopoly with product differentiation. The flexible technology allows a firm to become multiproduct or multimarket without bearing additional costs. We find that a configuration where...

This paper empirically analyzes the political and economic objectives underlying privatization on the stock market. Particularly, I explain the factors of SIPs underpricing, and analyze if the change of political parties in government play a role on the issue. The paper has two main findings....