This paper discusses the overall process of recovery and reform in the context of Indonesia's changing political landscape, related to the implementation of the programs as well as relations with the IMF. It examines the evolving programs and policies and the difficulties of implementing them....

During its reform era China has experienced, and become accustomed to, high rates of economic growth, and rapid jobs growth particularly in the rural collectives and, more recently, private enterprises. Strong fixed asset investment and consumer demand in conjunction with a strong growth of net...

" The imminent enlargement of the EU to as many as twenty-seven member states in the near future will pose severe budgetary, administrative, and operational challenges for the current member states. However, the challenges of enlargement, as great as they are, pale in comparison with the...

This paper attempts to present an analysis of the economic and fiscal dimensions of Puerto Rican status. The status debate in Puerto Rico has, historically, been heavily concentrated in political analysis of the status options: commonwealth, statehood and independence. The document's key...

This paper analyzes the factors that influence the conditions under which a woman in India participates as a home-based worker using secondary level data at the micro level. At the macro level, the paper analyzes whether trade and industrial liberalization in India led to an increase in...

We present a model where a government chooses the number of individuals to which ownership in a former state-owned firm shall be allocated. When making this decision the government maximizes the political support it gets from the firm's incumbent manager and from potential shareholders,...

This paper deals with price--cap regulation of a monopolistic distribution grid which sells a license to some retailer. The sale of the license is a long--term incomplete contract. Both the grid and the licensee engage in relationship--specific investments before the value and costs of the...

Policy-makers’ incentives to undertake costly reform depends on the international monetary system. We consider the effect of monetary regimes on labour market reform. We find international negotiation of monetary policy produces less reform than non-cooperation. Reform is lowest of all with...

The two central economic problems facing Hungary are its large foreign debt and its relatively poor rate of growth over the 1980s. The paper examines some of the reform issues facing Hungary, starting with the tax reforms of 1988 and 1989, but concentrating on the importance of creating...