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In an incomplete contract framework, I analyse how a club chooses its enlargement strategy in the presence of congestion. The club faces two waves of applicants. The applicants are homogeneous within each wave but differ in their conformity to the club's standards across waves. For each wave,...
Persistent link: https://www.econbiz.de/10005357508
transformation which was called transition. The economic transition aimed at transforming the nature of economic relations, since … involvement of International Financial Institutions (IFIs) in the transition process was almost direct but after the cessation of … by institutions to finance the transition of Southeast European countries, as their suitability, orientation and …
Persistent link: https://www.econbiz.de/10009294877
Corruption is an issue of increasing visibility in the academic and policy literature on governance and public policy. Whilst it is often talked about, there appears to be some lack of clarity on both its nature and the nature of its determinants. This has led to some increase in the effort to...
Persistent link: https://www.econbiz.de/10009328126
Professor Justin Yifu Lin presented his ideas on approaches to development and transition at a distinguished speaker … Namand the lack of such success in many other developing and transition countries. The seminar started with an overview of …
Persistent link: https://www.econbiz.de/10009363499
An extensive literature has analysed the economic effects of transition patterns in Central and Eastern European and … concerned the dynamics of income inequality. In this paper we analyse the heterogeneous effects of transition reforms on … inequality by explicitly considering their speed and sequencing. To this aim we identify seven transition models in which the 27 …
Persistent link: https://www.econbiz.de/10009368430
, similar to most other transition economies, to the market-economic and pluralistic democratic system, but also the whole … the other transition economies, there had been strong support from the West in re-organising the administration. Overall …
Persistent link: https://www.econbiz.de/10009278214
explanation of the output fall during (unrestricted) transition: the technological catch-up implied high levels of destroyed and … transition paths which appear compatible withmany stylized facts of the transition experience. Finally we discuss empirical …
Persistent link: https://www.econbiz.de/10008694523
, however, is the situation in transition economies such as China. Irrespective of product and technology used, incentives and …
Persistent link: https://www.econbiz.de/10010731223
Die ?konomie ist so kultur- wie geschichtslos. Das ist ihre St?rke, vermag sie doch deshalb Gemeinsamkeiten auch dort zu entdecken, wo Historiker, Anthropologen, und nicht zuletzt die Bewohner eines Landes, Einzigartigkeit beanspruchen. Es ist auch ihre Schw?che, weil nur das sein kann, was...
Persistent link: https://www.econbiz.de/10010731397
The Orange Revolution in the fall of 2004 built great hopes for a better future for Ukraine. However, three years later those hopes have been replaced by disappointment, frustration and confusion. Although progress in the areas of political freedom, pluralism, civil rights and freedom in the...
Persistent link: https://www.econbiz.de/10008633029