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This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If...
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effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find … is driven by the impact of bureaucracy on the post-privatization business environment, with better institutional support …
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privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity … this effect is driven by the impact of bureaucracy on the post-privatization business environment, with better …
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