The Fifth CERGE Lecture on Practical Aspects of Privatization held at Charles University in Prague on February 6 1992 It is about the process of voucher privatization of state owned enterprises after the fall of communism in Czechoslovakia. It starts with brief history of voucher privatization...

Focused on the case of China’s financial development, the present discursive essay sets out to argue that if the Chinese financial system distorted the allocation of funds then economic growth could not be sustained and financial depth would remain deficient. The essay puts forward selected...

Utilization of health services are an important policy concern in most developing countries, reflecting both efforts to improve health outcomes and to meet international obligations to make health services broadly accessible. Although many policy and research initiatives have focused on the need...

This paper studies the benefits of participation in micro credit programs, and examines whether membership in these programs is an effective instrument in smoothing inter-seasonal consumption. We hypothesize that the benefits to participation accrue differentially over time, as more experienced...

This paper is discussing problems that emerged in the first wave of the voucher privatization in Czechoslovakia (January 1992). The first problem relates to the procedures for evaluation and approval of enterprises’ privatization projects. The original design of the privatization assumed a...

Malawi is one of the poorest countries in the world; this is largely due to the fact that more than 80% of the total export revenue is generated by the agricultural sector, which represents 36% of the gross domestic product; over eighty percent of the population is engaged in the agricultural...

Child poverty matters directly as children constitute a large share of the population and indirectly for future individual and national well- being. Developed country measures of child poverty are dominated by income-poverty, although health and education are often included. But these are not...

Since Barley’s use of Giddens in 1986, structurational approaches have become an important theoretical perspective within the IS research community. This paper introduces an intermediate theory of this stream through three socio-technical archetypes, i.e. stylised socio-technical situations...

As a result of changes in the labour market connected with on-going socio-political transformations, the welfare state is no longer able to fulfil its traditional mandate. The focus of debate has thus shifted to civil society, which aims to involve citizens more strongly in the design and...

The goal is to try to give inputs on a global problem: eradicating poverty on a global scale. That is, to find evidence and discuss complex problems regarding cronic poverty, a major source of instability in our world today, and to put forward what could be some possible solutions. The aim of...