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Profitability improvements after the privatization of a large state-owned bank might come at the expense of reduced … access to financial services for some groups, especially the rural poor. The privatization of Tanzania's National Bank of …'s profitability and portfolio quality improved although credit growth was slow, in line with privatization experiences in other …
Persistent link: https://www.econbiz.de/10012552241
author finds that countries that established separate regulatory authorities, prior to privatization, saw increased … authority before privatization. This increased willingness to pay is consistent with the hypothesis that investors require a …
Persistent link: https://www.econbiz.de/10012559578
Support for economic reforms has often shown puzzling dynamics: many reforms that began successfully lost public support. This paper shows that learning dynamics can rationalize this paradox because the process of revealing reform outcomes is an example of sampling without replacement. This...
Persistent link: https://www.econbiz.de/10012572509
practices by multilateral organizations such as the World Bank and the International Monetary Fund. The authors find that …
Persistent link: https://www.econbiz.de/10012554149
forecasting than transport ministries, or regulatory agencies typically observe. Privatization brings new needs for demand … forecasting. More attention is paid to risk under privatization, than when investments are publicly financed. And regulators must … "old hands" of the sector. This is dangerous when privatization changes the nature of business. For projects amounting to …
Persistent link: https://www.econbiz.de/10012572844
Some critics of privatization argue that poor labor force restructuring is a key concern and that governments should … establish better retrenchment programs. Using new data from a sample of 400 companies in the world, Chong and López … policies by private owners after privatization. The results show that adverse selection plagues retrenchment programs carried …
Persistent link: https://www.econbiz.de/10012573156
System of classification from different ports around the world. They find that distance and containerization matter. They … find that the efficiency of ports is also important. Improving the efficiency of a port from the 25th to the 75th … to explain variations in port efficiency. They find that the variations are linked to excessive regulation, the …
Persistent link: https://www.econbiz.de/10012559539
agencies, but existing evidence suggests that these reforms will not improve bank stability or efficiency. While some countries …
Persistent link: https://www.econbiz.de/10012552433
By the end of the 1990s, most industrial and many developing countries had liberalized their telecommunications markets to improve service accessibility and affordability for both businesses and households. In contrast, Algeria still managed its telecommunications sector as public property. The...
Persistent link: https://www.econbiz.de/10012559741
privatization without institutions to limit asset-stripping may not lead to a demand for the rule of law ["After the Big Bang … or strip assets) and political positions of individuals are interdependent. "Big bang" privatization may give individuals …
Persistent link: https://www.econbiz.de/10012559785