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Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building on neo-institutional theory in sociology, we argue that...
Persistent link: https://www.econbiz.de/10014029183
Ukraine urgently needs a complex programme of far-reaching economic and institutional reform, which will include both short-term fiscal and macroeconomic adjustment measures and medium- to long-term structural and institutional changes
Persistent link: https://www.econbiz.de/10012860963
China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for … Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition …, three risks (both upside and downside) to China during this transition process are considered, focusing on their spillovers …
Persistent link: https://www.econbiz.de/10012913908
's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social …
Persistent link: https://www.econbiz.de/10013098393
's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social …
Persistent link: https://www.econbiz.de/10009656130
The 30 years of reform and opening have brought great material progress to China. By becoming a big country, China …’s actions created huge spillovers on other countries. The result has been a rise in trade tension between China and its trade … partners. Recently, some have claimed that China’s prolonged large trade surpluses have undermined global financial stability …
Persistent link: https://www.econbiz.de/10014045824
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...
Persistent link: https://www.econbiz.de/10003816538
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...
Persistent link: https://www.econbiz.de/10012843419
Persistent link: https://www.econbiz.de/10012287545
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...
Persistent link: https://www.econbiz.de/10012154916