We estimate the effects of privatization on zombie versus healthy state-owned enterprises (SOEs) in China, extending our analysis beyond TFP to a broad array of financial and economic indicators. Privatizing zombie SOEs enhances labor productivity and TFP, reduces bank and government subsidies,...

Warum nimmt die soziale Ungleichheit seit Jahren zu? Welche Rolle spielen dabei Wirtschaftsstrukturen, Eigentumsverhältnisse und Verteilungsmechanismen? Mit welchen Narrativen werden die beträchtlichen Einkommens- und Vermögensunterschiede gerechtfertigt? Christoph Butterwegge beleuchtet die...

This study of Egyptian efforts to diversify the country's economy between the end of World War 1 and the Nasser coup d'etat of 1952 focuses on the nascent bourgeoisie and the relationships of its segments to one another.Originally published in 1984.The Princeton Legacy Library uses the latest...

"Ninety-nine percent of Filipinos are waiting for a telephone and the other one percent for a dial tone…” - Lee Kuan Yew, November 1992. A decade after the above "e, far reaching reforms in the telecommunications sector has dramatically changed the situation in both the Philippines and...

The experience of the past decade both in ASEAN and the United States has shown the power and vigour of private enterprise and market forces to spearhead economic development and to spread economic efficiency and welfare world-wide. Indeed, private enterprise can and has contributed to...