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Minimum wages in Indonesia were tripled in nominal terms, and doubled in real terms, in the first half of the 1990s. The author evaluates the effects of this hike on wage earnings, wage employment, and investment. After describing Indonesia's minimum wage policy and surveying the literature on...
Persistent link: https://www.econbiz.de/10005079684
Where do industries locate within a metropolitan area? Do different industrial sectors have different patterns of location/clustering? Can these patterns be understood with reference to industry characteristics? What is the geographical relationship between clusters of different types of...
Persistent link: https://www.econbiz.de/10005079687
The most striking fact about the economic geography of the world is the uneven spatial distribution of economic activity, including the coexistence of economic development and underdevelopment. High-income regions are almost entirely concentrated in a few temperate zones, half of the world's GDP...
Persistent link: https://www.econbiz.de/10005079718
The Russian Federation has one of the richest natural resource endowments in the world. Despite their importance in the Russian economy, natural resources do not contribute as much as they could to public revenues. Large resource rents (excess payments, or above-normal profits generated by...
Persistent link: https://www.econbiz.de/10005079719
There was substantial spatial variation in labor market outcomes in Brazil over the 1990s. In 2000, about one-fifth of workers lived in apparently economically stagnant municipios where real wages declined but employment increased faster than the national population growth rate. More than...
Persistent link: https://www.econbiz.de/10005079773
This paper examines the importance of fiscal autonomy in the analysis of decentralization. Using new data published by the OECD (2001 and 2002), it reproduces several indicators and proposes new measures of decentralization that take into consideration su-bnational governments'autonomy over...
Persistent link: https://www.econbiz.de/10005079805
How should countries in transition to market economies handle the losses of large loss-making enterprises? Over the past six years several governments in transition economies have implemented isolation programs that combine features of reorganization under bankruptcy (as in industrial countries)...
Persistent link: https://www.econbiz.de/10005079855
A successful poverty alleviation strategy has four distinct elements: 1) identifying who the poor are, where they are located, and what they do; 2) analyzing why they are poor; 3) developing policies to improve their standards of living; and 4) supplementing income-improving policies with...
Persistent link: https://www.econbiz.de/10005079869
It seems natural to attribute to wage rigidity (stemming from highly distortionary labor policies) the over-valuation of the CFA (Communaute Financiere Africaine) franc after the negative external shocks of the 1980s. Using a variety of data sources, the author assesses the actual rigidity of...
Persistent link: https://www.econbiz.de/10005079880
As socialist countries move toward market systems, fiscal policy is an important part of their reform agenda. First, they need to reorient public spending to focus more on the provision of"public"goods. Second, they need to adopt more selective, predictable, and nondiscretionary means to finance...
Persistent link: https://www.econbiz.de/10005079908