Showing 1 - 10 of 82
the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but … important in explaining the growth of the transition countries in the years since the end of the Cold War. In the mid 90s a …
Persistent link: https://www.econbiz.de/10012466679
When Russia launched mass privatization, it was widely believed that it would create a powerful constituency for the … show that beneficiaries of mass privatization may fail to demand the rule of law even if it is the Pareto efficient rule of …
Persistent link: https://www.econbiz.de/10012469426
workforce education should promote better management, and ultimately faster economic growth …
Persistent link: https://www.econbiz.de/10012461426
Post-communist countries offer new evidence on the relative importance of courts and relationships in enforcing contracts. Belief in the effectiveness of courts has a significant positive effect on the level of trust shown in new relationships between firms and their customers. Well-functioning...
Persistent link: https://www.econbiz.de/10012470146
policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the … faster is the speed of reforms, the quicker is the recovery and the higher is growth …
Persistent link: https://www.econbiz.de/10012471103
Based on matching household surveys for three central European countries, Bulgaria, Hungary and Poland, we explore the determinants of household saving rates in transition economies. We find savings rates to increase strongly in relative income and to be significantly higher for households...
Persistent link: https://www.econbiz.de/10012472348
This paper contrasts International Social Science Programme (ISSP) surveys for Hungary, supplemented with related survey data for East Germany, Poland, and Slovenia, with ISSP data for Western countries, to examine the extent to which workers in traditionally communist societies differ in their...
Persistent link: https://www.econbiz.de/10012474185
estimates, the level of reforms and changes in their complementarity are found to be positively related to output growth …
Persistent link: https://www.econbiz.de/10012466121
help us understand how repressive institutions and preferences towards Western European ideas shaped the international …
Persistent link: https://www.econbiz.de/10012458641
"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10011394323