This paper introduces and critically analyzes an emerging form of global infrastructure development by China's infrastructure construction companies, known as "integrated investment, construction, and operation" (IICO). This model has been promoted by the Chinese infrastructure industry,...

This paper aims to raise the awareness and knowledge about state-owned enterprises (SOEs) in Germany - a sizable but often ignored part of the overall public sector which the authors of this ZEW expert brief, therefore, label the "other government" - to facilitate an informed debate about the...

Four decades ago, the main actors in global health were the World Health Organization (WHO), the United Nations Children's Fund (UNICEF) and the United States of America and Northern European countries (through bilateral cooperation). Today we are witnessing a proliferation of actors in this...

There is no evidence on the extent of public versus private wage differentials in Turkey. The main objective of this paper is to examine the factors which explain the employment choice and the wage differentials in the public administration, state owned enterprises and the formal private wage...

The paper presents study of corporate governance evolution in Bulgaria and its convergence to EU structures. The author discusses the traditional approach to separation of ownership and control in transition economies and modern ideas about the need for changing corporate governance paradigm....

Fannie Mae and Freddie Mac are government-sponsored enterprises that are central players in U.S. secondary mortgage markets. Over the past decade, these institutions have amassed enormous mortgage- and non-mortgage-oriented investment portfolios that pose significant interest-rate risks to the...

[Einführung und Motivation ...] Die Studie bietet eine erste Orientierungshilfe für Praxis und Wissenschaft. Sie leistet damit auch eine notwendige Basis für weiterführende vergleichende Analysen des Beteiligungsberichtswesens im internationalen Kontext. In Kapitel 2 werden Relevanz von und...

Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization programs. Using a comprehensive dataset that includes all firms inherited from...