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IIn the planned economy firms were made responsible for providing their workers with so-cial services, such as housing … considerably across firms. In this paper we utilize recent survey data from 404 medium and large industrial enterprises in 40 … municipalities with higher shares of own revenues in their budget and thus weaker fiscal incentives, firms used their social assets …
Persistent link: https://www.econbiz.de/10005190673
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote …
Persistent link: https://www.econbiz.de/10005248318
In view of disappointing levels of inward foreign direct investment (FDI), this paper examines capital flows into the … projects, large privatization transactions, and debt/equity swaps to pay for energy supplies. Low FDI inflows despite …
Persistent link: https://www.econbiz.de/10005248333
The Selected Issues paper provides an overview of trends, performance export growth, value added, and employment, account of the structure and evolution of Lesotho's textiles during the decade through 2002, and discusses future prospects and key issues. It analyzes the implications of the...
Persistent link: https://www.econbiz.de/10005825028
services and finance hub will depend on frictionless movements of goods, services, people and know-how, requiring policy …
Persistent link: https://www.econbiz.de/10005599204
A conventional reading of economic history implies that free market reforms rescued the world’s economies from stagnancy during the 1970s and 1980s. I reexamine a well-established econometric literature linking economic freedom to growth, and argue that their positive findings hinge on two...
Persistent link: https://www.econbiz.de/10009325575
A conventional reading of economic history implies that free market reforms rescued the world’s economies from stagnancy during the 1970s and 1980s. I reexamine a well-established econometric literature linking economic freedom to growth, and argue that their positive findings hinge on two...
Persistent link: https://www.econbiz.de/10011257910
for the boundaries of firms, for a potential conglomerate discount or premium, and for the role of incentive pay for …
Persistent link: https://www.econbiz.de/10005353836
We show that in business groups with efficient internal capital markets, resources may be channelled to either more- or less-profitable units. Depending on the amount of internal resources, a group may exit a market in response to increased competition, or channel funds to the subsidiary...
Persistent link: https://www.econbiz.de/10005551272