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Very few papers analyse PMS implementation in developing and transitional countries and the importance of PMS implementation for success in transition. Providing a Serbian perspective on PMS implementation, the study aims to identify and analyze important factors and variables that influence PMS...
Persistent link: https://www.econbiz.de/10011307016
spatial development as they preceded the first European spatial policies. As Serbia suffered from internal social and … society. Critical analysis of both the regulatory and institutional framework of spatial planning in Serbia indicates a … Raumordnungspolitik vorausging. Da Serbien unter internen sozialen und politischen Schwierigkeiten litt, wurde es von der Unterstützung …
Persistent link: https://www.econbiz.de/10012153754
panel data set for Serbia, this paper combines both of these issues. Estimation of gross transition probabilities reveals …
Persistent link: https://www.econbiz.de/10010282280
Until very recently, the conventional wisdom was that the return to education was very high in Africa. However, some recent analysis point to low average returns to education in some African countries including Nigeria. Given these low returns to education, a relevant question is what causes low...
Persistent link: https://www.econbiz.de/10010268989
For scholars, policy-makers and casual observers, there is no doubt that Morocco has undergone an impressive transformation process since Mohammed VI came to power in 1999. The country projects an image of liberal-democratic modernity and socio-economic progress that the international community...
Persistent link: https://www.econbiz.de/10012290526
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10010280828
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10010261237
The contribution of financial and non-financial risks to the overall level of risk in the system depends on the current state of the EU banking system (which, in the aggregate and compared with banking sectors in other major advanced economies, cannot be characterised as strong) and how...
Persistent link: https://www.econbiz.de/10014327923
Climate and environmental issues will likely impact the financial system's stability as they become more pervasive and tangible. As a result, the appropriate financial regulatory and supervisory measures must be in place. This article discusses the challenges faced by financial institutions and...
Persistent link: https://www.econbiz.de/10014334690
While macroprudential policy has mostly focused on the role of banks, we argue that pension funds are also important for financial stability. Drawing on previous research on pension funds, we explain how their actions can have a vital impact on other financial institutions as well as on...
Persistent link: https://www.econbiz.de/10014334701