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The authors discuss the role of private debt in financial crises and attempt to apply the debt deflation logic to the data and facts surrounding the post bail-in years in Cyprus. It is found that the financial crisis in Cyprus was indeed predictable and that a key problem facing the country...
Persistent link: https://www.econbiz.de/10012902530
Private sector indebtedness in Cyprus remains extremely high. Yet the Government and the banks in Cyprus continue to define the problem as being the non-performing loans (NPLs) and the proposed solution as being any tools and legislation which will improve repayment but also enable the banks to...
Persistent link: https://www.econbiz.de/10012899432
We examine Singapore's market for new privately developed apartments, which for historical reasons exhibits wide quasi-experimental variation in ownership tenure, ranging from perpetual to multi-century to multi-decade leases. We develop an empirical model in which transaction prices are...
Persistent link: https://www.econbiz.de/10012855622
The author has written two articles on the subject of “the Deal” sought and negotiated by the Government for privatising the ailing Co-Op Bank in Cyprus. In this paper he continues with “Socialising the losses and privatising the gains - Part 3” which provides an alternative proposal...
Persistent link: https://www.econbiz.de/10012915771
billion (US$18.4 billion) in 2001 money, which amounts to 11% of Norway's GDP in that year. Savings on investment costs are …
Persistent link: https://www.econbiz.de/10014215194
citizens. Much of the deregulation of public services from the 1980s – liberalization, privatization and New Public Management …
Persistent link: https://www.econbiz.de/10009283800
Casi cinco años después de haber culminado las privatizaciones en telecomunicaciones y electricidad, así como haber realizado importantes reformas en agua potable y alcantarillado, es necesario realizar un balance sobre los resultados de dichas reformas. A fin de determinar si el resultado...
Persistent link: https://www.econbiz.de/10004995045
in significant progress that includes unbundling and privatization of the long-standing government-owned monopoly in the …
Persistent link: https://www.econbiz.de/10011440968
Zentrales Ziel der Einbindung privater Vermittlungsdienstleister - über so genannte Beauftragungen Dritter mit der gesamten Vermittlung - ist die Einführung von Wettbewerb. Über den Marktmechanismus soll sich die Effektivität der Arbeitsvermittlung erhöhen. Die Studie untersucht die...
Persistent link: https://www.econbiz.de/10003873490
This paper analyzes some of the limitations of the privatization of public enterprises in Bangladesh focusing on the … large number of privatized firms have been able to evade tax registration. The post-privatization experience of Bangladesh … which privatized firms' budget constraints are often softened in spite of privatization …
Persistent link: https://www.econbiz.de/10012894371