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of trade with China became less friendly. Today, GDP in North Korea is reportedly lower than in 1990, notwithstanding a …
Persistent link: https://www.econbiz.de/10012203362
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The current Chinese development model is nearing its limits. The World Bank has cautioned that China could find itself … in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … trap. This chapter provides an introduction to the enormous complexities and challenges that China faces in transforming …
Persistent link: https://www.econbiz.de/10012997380
The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the...
Persistent link: https://www.econbiz.de/10014059705
in on the role of local banks and trading companies, as well as to the effects of privatization. The impact of FIGs …
Persistent link: https://www.econbiz.de/10013056727
1995. We focus on the two primary types of ownership change in Russia: the privatization of existing state …
Persistent link: https://www.econbiz.de/10014072597
Political mobilization of business forces in the post-communist world has crucial implications for economic development and civil society. The emergence of strong cross-sectoral business associations during Putin's presidency challenges the prevailing view of Russia's political economy as an...
Persistent link: https://www.econbiz.de/10012940118
What threatens the property rights of business owners? And what makes these rights secure? This book transcends the conventional diagnosis of the issue in modern developing countries by moving beyond expropriation by the state ruler or by petty bureaucratic corruption. It identifies 'agent...
Persistent link: https://www.econbiz.de/10012933482
China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade …-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local …
Persistent link: https://www.econbiz.de/10014456599