Showing 1 - 10 of 3,953
This paper studies how the method of government debt financing affects the macroeconomic performance of the transforming Chinese economy. The investigation is conducted within the context of an endogenous growth model that incorporates the major institutional features of the Chinese economy....
Persistent link: https://www.econbiz.de/10014149337
(government) to the inside members of the firm in China and to analyze how the reform has improved performance of the state … management is transferred from bureaucrats to capitalists, which implies privatization of the state enterprises. China is already …
Persistent link: https://www.econbiz.de/10014107344
Monetization has been argued as the fifth feature in China's economic reform in addition to privatization … China. By constructing four causality relationships between interest rate and savings, money and inflation, interest rate … and a restoration in the functions of money since the late 1970s in China …
Persistent link: https://www.econbiz.de/10014110078
Post-apartheid South Africa is facing three major economic problems: (1) slack economic growth, (2) high and growing unemployment and (3) among the world's highest income inequality and poverty indices. South Africa is currently caught in a macro-economic straight-jacket of tight monetary,...
Persistent link: https://www.econbiz.de/10010298503
The twenty-five years after WW 2 witnessed strong labour market institutions and beneficial labour market outcomes - high wage growth and integration of low-skilled immigrants. Then came the macro shocks of the mid 1970s. Labour market outcomes deteriorated as full-time employment population...
Persistent link: https://www.econbiz.de/10010267538
Empirical evidence on the relationship between democracy and economic reforms is scarce, limited to few reforms and countries and for few years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset on reforms in the financial, capital, public, and...
Persistent link: https://www.econbiz.de/10010271245
Late 1990, Egypt witnessed major and radical changes in all areas of its national life— political, legal, economic and social—as a reflection of implementing an economic reform programme in order to achieve progress in its economic indicators. This paper aims to examine the extent to which...
Persistent link: https://www.econbiz.de/10010279174
The twenty-five years after WW 2 witnessed strong labour market institutions and beneficial labour market outcomes -- high wage growth and integration of low-skilled immigrants. Then came the macro shocks of the mid 1970s. Labour market outcomes deteriorated as full-time employment population...
Persistent link: https://www.econbiz.de/10003304680
Post-apartheid South Africa is facing three major economic problems: (1) slack economic growth, (2) high and growing unemployment and (3) among the world's highest income inequality and poverty indices. South Africa is currently caught in a macro-economic straight-jacket of tight monetary,...
Persistent link: https://www.econbiz.de/10003449355
Empirical evidence on the relationship between democracy and economic reforms is scarce, limited to few reforms and countries and for few years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset on reforms in the financial, capital, public, and...
Persistent link: https://www.econbiz.de/10003815935