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External Debt Sustainability: Theory and Empirical Evidence

Arnone, Marco; Bandiera, Luca; Presbitero, Andrea - EconWPA - 2005

This paper is a review of the different approaches on external debt sustainability. The Heavily Indebted Poor Country (HIPC) Initiative was launched to assure a permanent exit from debt dependence. However, the IMF-World Bank program is not without faults, in particular for what concerns debt...

Persistent link: https://www.econbiz.de/10005556649

What Has 100 Billion Dollars Worth of Debt Relief Done for Low- Income Countries?

Chauvin, Nicolas Depetris; Kraay, Aart - EconWPA - 2005

Between 1989 and 2003, low-income countries received $100 billion in debt relief. The stated objectives for much of this debt relief have been to reduce debt overhang and to free up recipient government resources for development spending that would otherwise have been used for debt service. In...

Persistent link: https://www.econbiz.de/10005119433

Financial Crises and the Presence of Foreign Banks

Tschoegl, Adrian E. - EconWPA - 2004

The paper distinguishes between the classic or traditional foreign banks with their emphasis on corporate and wholesale banking, and the innovators responding to transition, deregulation or crisis in emerging markets. The innovators come in three varieties—bettors, prospectors and...

Persistent link: https://www.econbiz.de/10005556647

Personal Income Tax Reform and Revenue Potential in Transition

Bogetic, Zeljko; Hassan, Fareed - EconWPA - 2005

The paper uses the 1992 household survey for Bulgaria to show poor revenue performance of the income tax structure … prevailing in 1992, which did not take into account the underlying distribution of income. The paper shows that Bulgaria can …. Subsequently in the 1990s, Bulgaria implemented an income tax reform similar to the one advocated in this paper. …

Persistent link: https://www.econbiz.de/10005560954

Collateral, Access to Credit, and Investment in Bulgaria, chap. 8 in D. Jones and J. Miller (eds) THE BULGARIAN ECONOMY: LESSONS FROM REFORM DURING EARLY TRANSITION, Ashgate 97.

Bogetic, Zeljko - EconWPA - 2005

The paper measures economic loss from the problem of inadequate collateral in Bulgaria and proposes solutions …

Persistent link: https://www.econbiz.de/10005561596

What Bulgarian Banks offer via Internet: an Overview (v2)

Bojinov, Bojidar - EconWPA - 2003

The new information technologies adoption and e-commerce emergence change the role of financial intermediaries in new E-conomy. During the last years, the bank started an expansion to the web – they offer broad range of traditional bank products and services via Internet. The remote banking...

Persistent link: https://www.econbiz.de/10005561755

Trends in East European Factor Productivity

Kyn, Oldrich; Kyn, Ludmila - EconWPA - 2005

the rate of technical change for Poland, Czechoslovakia, Hungary, Bulgaria and Rumania. Although the pooling eliminated … Czechoslovakia, Bulgaria and Rumania and somewhat lower, but still respectable (3 - 5 per cent) in the case of Poland and Hungary. It … of total factor productivity over time we found that Czechoslovakia, Poland and Bulgaria experienced a quite considerably …

Persistent link: https://www.econbiz.de/10005125000

The Tax Base in Transition: The Case of Bulgaria, World Bank Policy Research Working Paper Series No. 1267 (March 1994), The World Bank.

Bogetic, Zeljko; Hillman, Arye - EconWPA - 2005

Meeting government revenue needs without inhibiting private sector development is a key challenge of tax policy during the transition from the socialist system. The paper explores issues in the design of tax bases and tax structures in the transition and argues that transition economies would...

Persistent link: https://www.econbiz.de/10005125910

Characteristics of the International Joint Ventures in Bulgaria (1989-2003)

Marangozov, Iavor - EconWPA - 2005

study presents an analysis of the basic characteristics of the IJVs in Bulgaria and the variation of their characteristics … obtained, owing to the coverage of the entire population of IJVs, future studies regarding their characteristics in Bulgaria …

Persistent link: https://www.econbiz.de/10005134421

The Deposit Insurance in Bulgaria: Is the time for change?

Bojinov, Bojidar - EconWPA - 2003

During 1997 Bulgaria has experienced one of the most deep financial crises in CEE countries. The combination with …

Persistent link: https://www.econbiz.de/10005134848