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The Czech government placed high priority on implementing and observing the international standards relevant for financial stability. The supervisory staff exhibited a high understanding of best international supervisory standards, policies, and practices. Nevertheless, the report noted...
Persistent link: https://www.econbiz.de/10014407510
The Czech government has made further progress in improving fiscal transparency that was already high by international standards. The measures implemented to broaden the coverage of general government data have been commended. Improved reporting on fiscal risks, including those arising from...
Persistent link: https://www.econbiz.de/10014407746
associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the …This paper examines the role that privatization can play within a wider strategy designed to overcome the problems … source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises …
Persistent link: https://www.econbiz.de/10014411113
, privatization seemet to promise an end to the inefficiencies of central planning- the key to freeing the resources and talents of …
Persistent link: https://www.econbiz.de/10014411311
existing loans to SOEs with adequate funding for new forms of ownership, including financing for enterprise sell-offs and …
Persistent link: https://www.econbiz.de/10014396324
This paper discusses several proposals for a wholesale privatization of public enterprises in Eastern Europe. These … proposals include the distribution of ”vouchers” to private citizens as well as the use of mutual funds, privatization companies … forms of ownership and control that would emerge from the proposals as well as their main macroeconomic consequences …
Persistent link: https://www.econbiz.de/10014396333
Privatization promotes economic efficiency and growth, thereby reinforcing macroeconomic adjustment. In the short run … impacts and the fiscal implications of privatization. It then reviews various methods of privatization and finds that public …’ options for mitigating the social impact of privatization are surveyed, and experiences under adjustment programs reviewed …
Persistent link: https://www.econbiz.de/10014401122
Privatization has been a key element of structural reform in many developing and transition economies during the last … decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public … enterprises in these economies. It considers issues such as the factors determining the proceeds from privatization and the amount …
Persistent link: https://www.econbiz.de/10014404967
Persistent link: https://www.econbiz.de/10001260403
Domestic private saving rates have been on a declining trend in many Emerging Markets (EMs), raising questions about countries' ability to generate sufficient domestic resources to finance investment. This paper examines how countries have managed to achieve protracted increases in the private...
Persistent link: https://www.econbiz.de/10014411826