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of speed effects. The results indicate that broad-based reforms are good for output growth, but so is a policy of … reforms, market opening without supporting reforms and bank liberalisation without enterprise restructuring affect growth … negatively. Swift reform policies allow transition countries to benefit from higher growth for longer time. The speed of reforms …
Persistent link: https://www.econbiz.de/10004975841
Growth regressions have provided important insights into the impact of economic reforms on growth in transition … such as the importance of sequencing and reform speed. The results indicate a broad-based reform policy is good for growth … restructuring affect growth negatively. Swift reform policies allow transition countries to benefit from higher growth for a longer …
Persistent link: https://www.econbiz.de/10005412843
This paper examines how political institutions and electoral outcomes have affected the economic reform process in the post-communist transition countries. Panel data estimations on annual data for 26 transition economies from 1992 to 2006 suggest that the institutional structure of the economy...
Persistent link: https://www.econbiz.de/10005034970
sector reforms index, still there is a lot which needs to be done to include bottom sections of the society into the growth …
Persistent link: https://www.econbiz.de/10005049434
This article hypothesizes that economic reforms become sustainable when the discursive conditions prevailing in society tip against the existing paradigm under exceptional circumstances. Thus, unless the pro-liberalization constituencies dominate the development discourse, economic reforms,...
Persistent link: https://www.econbiz.de/10009021971
The idea that all types of economic freedom - including limited government - promote prosperity is challenged by the fact that some countries successfully combine a large public sector with high taxes and otherwise high levels of economic freedom. To explain the co-existence of economic freedom...
Persistent link: https://www.econbiz.de/10012145477
The idea that all types of economic freedom - including limited government - promote prosperity is challenged by the fact that some countries successfully combine a large public sector with high taxes and otherwise high levels of economic freedom. To explain the co-existence of economic freedom...
Persistent link: https://www.econbiz.de/10011943290
Persistent link: https://www.econbiz.de/10010245667
Persistent link: https://www.econbiz.de/10011625243
Persistent link: https://www.econbiz.de/10012172633