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political projection. I discuss the emerging opportunities for public sector reform without recourse to privatization that are …
Persistent link: https://www.econbiz.de/10011138791
Representing a basic element in restructuring the economy, privatization must not be seen as an aim in itself or as an … of privatization must be assessed by relating it to the economical efficiency, respectively to the extent by which it … main way of reforming the property consists in consolidating the privatization process, the two concepts being closely …
Persistent link: https://www.econbiz.de/10011139820
action in publicly-owned space can also create conditions of privatization. …
Persistent link: https://www.econbiz.de/10011141068
liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments’ fiscal … discipline? The answer is clearly ‘no’ for privatization considered in isolation. However, privatization and subnational …
Persistent link: https://www.econbiz.de/10011142008
. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … difference-in-difference-in-difference approach. The results indicate that privatization and the associated increase in …
Persistent link: https://www.econbiz.de/10011084097
Discusses the social impacts of privatization and restructuring of public utilities. Presents some case studies. …
Persistent link: https://www.econbiz.de/10011084839
Discusses the social impacts of privatization and restructuring of public utilities. Presents some case studies. …
Persistent link: https://www.econbiz.de/10011084843
Persistent link: https://www.econbiz.de/10011087019
This paper analyses the effects of reducing unfunded social security in a closed economy that consists of a service sector and a commodity sector.It is shown that if old agents mainly demand labour intensive services, a modest decrease of the pay-as-you-go pension scheme still raises long-run...
Persistent link: https://www.econbiz.de/10011090643
This paper explores the use of auctions for privatizing public assets.In our model, a single "insider" bidder (e.g. incumbent management of a government-owned firm) possesses information about the asset's risky value.In addition, bidders are privately informed about their costs of exploiting the...
Persistent link: https://www.econbiz.de/10011090655