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We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski is a retail distribution chain and, most unusually, there are two distinct types of hypermarkets: (i) cooperatives with significant employee ownership and voice; and (ii) GESPAs...
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During the past five years or so, most East Asian economies including the Philippines experienced a rising level of … prior to the 1997 crisis. Another reason is the rise in current account surpluses. The Philippines has experienced both a … several economies including the Philippines. Policy measures at the domestic level can focus on reviving private investment …
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