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Theory tells us that weak rule of law and institutions deter cross-border integration, deter investment relative to trade, and inhibit trade finance. Drawing on a survey of more than 300 Chinese enterprises that are doing or have done business in North Korea, we consider how informal...
Persistent link: https://www.econbiz.de/10010576517
This paper uses the OECD’s indicators of product market regulation (PMR) to assess the extent to which the regulatory environment in Russia supports competition and to draw attention to the areas where further reform efforts would pay dividends. The indicators show that, despite improvements...
Persistent link: https://www.econbiz.de/10009195620
The state is often conceptualized as playing an enabling role in a country's economic development--providing public goods, such as the legal protection of property rights, while the political economy of reform is conceived in terms of bargaining over policy among elites or special interest...
Persistent link: https://www.econbiz.de/10008854039
Bulgarian welfare system was significantly changed in the late 1990’s and in early 2000’s following the whole economic and political changes since the collapse of communist system. On the next lines an attempt to summarize the most important changes in the Bulgarian economy in the early...
Persistent link: https://www.econbiz.de/10011168459
The economic liberalization which has occurred in Central and Eastern Europe (CEE) over the past 15 years generally has involved establishing domestic markets and privatizing state-owned firms, both with the intention of integrating the CEE economies into the global economy and allowing the...
Persistent link: https://www.econbiz.de/10005268629
The paper presents the System of National Accounts (SNA), the implementation of the SNA in Romania since 1990, the Input-Output Table in Romania and its characteristics, the Input-Output Table under inflation and also some other uses for analysis of the IOT such as sensitivity analysis.
Persistent link: https://www.econbiz.de/10005272633
liberalization policies designed to provide the necessary, albeit not sufficient conditions, for a transition from a planned to a … composed of “citizen shares” to cushion the disruptions and lessen the hardships of the transition process. This paper … information to the public and that government information was not likely to be viewed as credible by its citizens. Reference …
Persistent link: https://www.econbiz.de/10005118677
move inexorably from centrally planned economies toward market economies. This historic transition must be guided by a …
Persistent link: https://www.econbiz.de/10005118685
liberalization policies designed to provide the necessary, albeit not sufficient conditions for a transition to a market economy that …
Persistent link: https://www.econbiz.de/10005118763
The effect of minimum wages on employment has been a matter of debate for more than a decade. Apart from a few cases (Puerto Rico, Indonesia, Columbia) the empirical works analysed the aftermaths of minor increases in the minimum wage, and yielded mixed results. Hungary 2000-2002 provides a...
Persistent link: https://www.econbiz.de/10011521992