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The rise and fall of De Lorean Motor Cars Limited (DMCL) has been traditionally interpreted as the result either of John De Loreanś psychological flaws or as confirming the supposedly inherent weaknesses in activist industrial policy. However, when the episode is examined in more detail,...
Persistent link: https://www.econbiz.de/10010412043
The rise and fall of De Lorean Motor Cars Limited (DMCL) has been traditionally interpreted as the result either of John De Lorean´s psychological flaws or as confirming the supposedly inherent weaknesses in activist industrial policy. However, when the episode is examined in more detail,...
Persistent link: https://www.econbiz.de/10010421086
Persistent link: https://www.econbiz.de/10011660910
This paper analyses the trajectory of the Spanish automobile firm FASA-Renault during the 1970s. This period comprises the early years of the crisis experienced by the Spanish economy and industry between 1974 and 1985. At the external level, the Spanish economy was affected by two oil shocks....
Persistent link: https://www.econbiz.de/10009293133
Most of the time the budget constraints in the socialist economies were harder than in developing countries and no less hard than in developed countries. The soft budget constraints (SBC) in socialist economies were not pervasive, as most authors believe, but selective, i.e. involved...
Persistent link: https://www.econbiz.de/10012208329
Most of the time the budget constraints in the socialist economies were harder than in developing countries and no less hard than in developed countries. The soft budget constraints (SBC) in socialist economies were not pervasive, as most authors believe, but selective, i.e. involved...
Persistent link: https://www.econbiz.de/10012692744
The East-West gap in the German population is believed to originate from migrants escaping the socialist regime in the German Democratic Republic (GDR). We use newly collected regional data and the combination of a regression discontinuity design in space with a difference-in-differences...
Persistent link: https://www.econbiz.de/10011922199
The role of institutions in Asian development has been intensely contested since Myrdal's Asian Drama, with later … agree about the institutions that matter nor do they explain why similar institutions delivered such different results … across countries. Cultural norms and informal institutions clearly matter but the appropriate norms did not already exist in …
Persistent link: https://www.econbiz.de/10011922086
While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country s development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development...
Persistent link: https://www.econbiz.de/10010246554
Recent writing on industrial policy stresses the need for coordination between the public and private sectors. This paper examines the performance of one such coordination mechanism, Presidential Investors' Advisory Councils, in Ethiopia, Senegal, Tanzania, and Uganda. It finds that the councils...
Persistent link: https://www.econbiz.de/10010408445