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The Determinants of Asset Stripping: Theory and Evidence from the Transition Economies

Campos, Nauro F; Giovannoni, Francesco - C.E.P.R. Discussion Papers - 2005

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...

Persistent link: https://www.econbiz.de/10005504218

Enterprises in Transition: Macroeconomic Influences on Enterprise Decision-making and Performance

Buiter, Willem H.; Lago, Ricardo; Rey, Hélène - C.E.P.R. Discussion Papers - 1997

The paper analyses the theoretical arguments and empirical evidence linking enterprise performance in transition economies to the macroeconomic environment. Macroeconomic instability is traced to the unsustainability of the fiscal-financial and monetary programmes of the state and to regulatory...

Persistent link: https://www.econbiz.de/10005136652

Challenges and Opportunities for Resource Rich Economies

van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2006

The political economy of resource rich countries is surveyed. The empirical evidence suggests that countries with a large share of primary exports in GNP have bad growth records and high inequality, especially if the quality of institutions and the rule of law are bad. The economic argument that...

Persistent link: https://www.econbiz.de/10005661592

Legalizing Bribe Giving

Dufwenberg, Martin; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2012

proposal to legalize paying bribes while increasing fines on accepting bribes. We explore performance as regards corruption … enforcement agencies, and discuss the relevance for fighting other forms of corruption. …

Persistent link: https://www.econbiz.de/10011083969

Red Tape and Corruption

Guriev, Sergei - C.E.P.R. Discussion Papers - 2003

We study the emergence and interaction of red tape and corruption in a principal-bureaucrat-agent hierarchy. The … the social optimum if the bureaucrat in charge of red tape is corrupt. We consider two types of corruption. First, the … bribes to conceal the information produced through red tape. The former kind of corruption tends to reduce red tape, while …

Persistent link: https://www.econbiz.de/10005123811

The Argentina Paradox: Microexplanations and Macropuzzles

Taylor, Alan M. - C.E.P.R. Discussion Papers - 2014

The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...

Persistent link: https://www.econbiz.de/10011083510

Some Lessons from Economic Transformation in East Germany

Bofinger, Peter; Cernohorsky, Ivan - C.E.P.R. Discussion Papers - 1992

The paper compares the experience with shock therapies in East Germany, Poland and the CSFR. After an analysis of the individual starting conditions and economic performance since the inception of comprehensive reform programmes it focuses on the specific elements of the East German reform...

Persistent link: https://www.econbiz.de/10005123780

Back to the Future: the Growth Prospects of Transition Economies Reconsidered

Campos, Nauro F - C.E.P.R. Discussion Papers - 2000

How many years will the average transition economy need to reach the income level of the average OECD country? The favoured methodology in use to answer such questions is referred to as the BLR approach, because it uses specifications from Barro, and Levine and Renelt. The literature has so far...

Persistent link: https://www.econbiz.de/10005498184

The Consequences of EU Enlargement for Central and Eastern European Labour Markets

Burda, Michael C - C.E.P.R. Discussion Papers - 1998

This paper summarizes some of the findings of Boeri, Burda and Köllo (1998), which provide an overview of the state of labour markets in the transition economies of Central and Eastern Europe. It argues that a hasty ‘return to Europe’ with respect to labour market policies may not be in the...

Persistent link: https://www.econbiz.de/10005666680

Anonymous Banking and Financial Repression: How Does China's Reform Limit Government Predation without Reducing Its Revenue?

Bai, Chong-En; Li, David Daokui; Qian, Yingyi; Wang, Yijiang - C.E.P.R. Discussion Papers - 1999

China's economic performance of the past two decades presents a puzzle for the economics of transition and development: Enormous private business incentives were unleashed that have fueled rapid economic growth despite the fact that China has had very weak "conventional institutions" (such as...

Persistent link: https://www.econbiz.de/10005067480