Showing 1 - 10 of 27
While the recent commodity price crisis brings questions regarding the general developement path of the CAP since 1992, this paper envisages returning to Rooseveltian recipes, after modernization.
Persistent link: https://www.econbiz.de/10009445747
There is a continuing debate on whether or not ownership changes accompanying privatization of state-owned enterprises … of telecommunication firms around the world, 4 years before and 4 years after privatization, using two parallel measures … could corroborate stronger evidence for or against maintained hypothesis of performance improvements after privatization …
Persistent link: https://www.econbiz.de/10009441699
and revisits policy implications. Practical implications – No one policy fits all in Indonesia for privatization programme …
Persistent link: https://www.econbiz.de/10009441700
This paper examines the fiscal impact of privatization revenues in 47 developing countries. There are many reasons that … privatization is attractive for the central government of developing countries. If substantial, these revenues from the sale of … state owned enterprises can present a potential solution to persistent deficits. On the other hand, the privatization …
Persistent link: https://www.econbiz.de/10009468754
Actual investment performance reflects the underlying strategy of the portfolio manager and the execution costs incurred in realizing those objectives. Execution costs, especially in illiquid markets, can dramatically reduce the notional return to an investment strategy. This paper examines the...
Persistent link: https://www.econbiz.de/10009476685
This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of...
Persistent link: https://www.econbiz.de/10009476768
mass privatization program) creates severe supply-and-demand shocks for enterprises, inducing firm failure. This leads to a …
Persistent link: https://www.econbiz.de/10009476836
We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …
Persistent link: https://www.econbiz.de/10009476867
This paper explores the effect of mass privatization and the development of a new private sector in Russia on the wage … rather than increased efficiency due to privatization, although the evidence is inconclusive on this point. …
Persistent link: https://www.econbiz.de/10009476870
regional differences in early privatization as instruments to estimate the effect of small enterprises on income distribution …. Early privatization is a plausible source of variation in small enterprises because it can either foster or deter entry and ….25 percentage points in the Russian regions between 1995 and 2001. Our results suggest that early privatization in Poland was more …
Persistent link: https://www.econbiz.de/10009476918