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Improving the business climate in Russia
Radziwill, Artur; Vaziakova, Yana - 2015
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...
Persistent link: https://www.econbiz.de/10011392847
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The organisation of services of general interest in Finland
Willner, Johan; Grönblom, Sonja - 2016
Like in most other European countries, services of general interest in Finland have in recent years been subject to competition, increased private provision, and in some cases privatisation. This development is motivated by expected cost reductions, by EU regulations, by ideology and fashion,...
Persistent link: https://www.econbiz.de/10011437146
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Italian state-owned enterprises after decades of reforms : still public?
Clò, Stefano; Di Giulio, Marco; Galanti, Maria Tullia; … - 2015
The present paper analyzes the top ten Italian state-owned enterprises (SOEs) over the period 2004-2013, after both their corporate organization and their markets have been deeply reformed. We question whether SOEs' strategies are more profit or public oriented. The authors find that, on...
Persistent link: https://www.econbiz.de/10011432120
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Chapter 21 Not-for-profit ownership and hospital behavior
Sloan, Frank A. - In: Handbook of health economics : volume 1, part B, (pp. 1141-1174). 2000
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
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The motives for issuing exchangeable bonds in the privatization of state-owned enterprises
Kaźmierczak, Damian - In: Comparative economic research : Central and Eastern Europe 26 (2023) 2, pp. 33-49
investigates the role of hybrid debt in the privatization of state‑owned enterprises (SOEs) via government‑controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …
Persistent link: https://www.econbiz.de/10014339792
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The political economy of privatization : why do governments want reforms?
Börner, Kira Astrid - 2004
International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …
Persistent link: https://www.econbiz.de/10010440441
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Privatization in Austria: Some theoretical reasons and performance measures
Schneider, Friedrich; Belke, Ansgar - 2004
The issues of privatization (and sometimes deregulation) have been reviewed in a large literature on the various … aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why … privatization is useful as well as profitable for an economy and empirically present the extent of privatization in Austria and …
Persistent link: https://www.econbiz.de/10010294495
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Privatization and liberalization in vertically linked markets
Stähler, Frank; Traub, Stefan - 2009
liberalization and their privatization which can be complete or partial such that upstream production is still run by an SOE. We show … in most cases even if a holdup problem exists. For any vertically separated structure we find that privatization through … multi-product firms welfare dominates privatization through single-product firms. …
Persistent link: https://www.econbiz.de/10010298993
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The Political Economy of Privatization: Why Do Governments Want Reforms?
Boerner, Kira - 2004
International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …
Persistent link: https://www.econbiz.de/10011324980
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Political Selection of Firms into Privatization Programs - Evidence from Romanian Comprehensive Data
Szentpéteri, Ádám; Telegdy, Álmos - 2008
Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was … explicitly barred from any privatization, we test how politicians select firms into privatization programs. Using a comprehensive … dataset that includes all firms inherited from socialism, we estimate the relation between pre-privatization firm …
Persistent link: https://www.econbiz.de/10010494385