This paper looks at some of the labour market outcomes of the economic reform policies in terms of inequality. The paper argues that labour market policies, regulations and institutions have at least three goals, improving allocative efficiency, improving dynamic efficiency and improving or...

New Zealand, beginning in 1984, implemented a virtual economic revolution that involved trade liberalization, privatization of state assets and crown corporations, deregulation of labour markets, the establishment of an independent central bank, a major reform of public finances and taxes, and a...

This Paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...

Purpose – To measure total factor productivity (TFP) growth in industrial manufacturing for 15 major Indian states for the period 1982‐1983 to 2000‐2001. Design/methodology/approach – Uses non‐parametric linear programming methods; TFP growth is decomposed into efficiency and...

Purpose – Economic policy reforms, characterised by a market‐driven, privatised policy regime, are being adopted as a strategy by India to promote economic development. As markets become liberalised, public sector organisations face extreme vulnerability unless they can identify and develop...

Purpose – The purpose of this paper is to present a conceptual framework in order to analyse and understand the twin developments of successful microeconomic reform on the one hand and failed macroeconomic stabilisation attempts on the other hand in Hungary. The case study also attempts to...

Purpose – The purpose of the paper is to examine observed differences in China's ethnic majority and minority patterns of labor force participation and to decompose these differences into treatment and endowment effects. Design/methodology/approach – Data from the three most recent...