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This paper presents an overview of research that uses firm-level data. The paper organizes the various areas of inquiry where firm-level data are used under two broad headings. The first is the analysis of productivity, its evolution and determinants, including the relation between productivity,...
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The argument in favor of gradual - but sustained - financial reform is based on two factors. First, the development of borrower net worth will determine the health of the real and, ultimately, the financial sector. Thus, speeding up reforms when borrower net worth is subject to positive shocks -...
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Financial liberalization was carried out during a period when the nonfinancial corporate sector was in financial distress due to reduced profitability. The consequent emergence of substantial nonperforming loans in the banking sector, especially among smaller banks, created fierce competition...
Persistent link: https://www.econbiz.de/10005115743
This paper is about financial flows in developing countries. It reviews the evidence on who the borrowers and lenders are. Apart from collecting and summarizing available data from some seventeen countries, the paper presents the results of an econometric analysis of the interactions between the...
Persistent link: https://www.econbiz.de/10005116578
The following section are included:IntroductionA Competition Enhancing Reform PackageThe Experience of TurkeyEvaluation: Trade-Offs and Challenges of Enhancing CompetitionConclusionAcknowledgmentsReferences
Persistent link: https://www.econbiz.de/10011206564
A decade into the liberalization of the Turkish mobile industry, the sector remains one of the most concentrated in Europe. This paper analyzes the links between the regulatory environment and competitive outcomes in the Turkish context. The paper argues that 7 years of duopoly incumbency...
Persistent link: https://www.econbiz.de/10009200027