Institutions Matter in Transition, But So Do Policies PDF Download
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Author: Oli Havrylyshyn
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
When I was growing up in Peru, I was told that the farms I visited belonged to farming communities and not to the individual farmers. Yet as I walked from field to field, a different dog would bark. The dogs were ignorant of the prevailing law; all they knew was which land their masters controlled. In the next 150 years those nations whose laws recognize what the dogs already know will be the ones who enjoy the benefits of a modern market economy. - Hernando de Soto
Author: Oli Havrylyshyn
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
When I was growing up in Peru, I was told that the farms I visited belonged to farming communities and not to the individual farmers. Yet as I walked from field to field, a different dog would bark. The dogs were ignorant of the prevailing law; all they knew was which land their masters controlled. In the next 150 years those nations whose laws recognize what the dogs already know will be the ones who enjoy the benefits of a modern market economy. - Hernando de Soto
Author: Oleh Havrylyshyn
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
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Book Description
This paper analyzes the importance of developing market-enhancing institutions for restoring economic growth in transition economies during 1991-98, The paper's main finding is that the development of an institutional framework has indeed a significant positive impact on growth, but that progress in achieving macroeconomic stabilization and implementing broad-based economic reforms remain the key determinants of growth in transition economies.
Author: Oleh Havrylyshyn
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 26
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Book Description
Author: R. Kent Weaver
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 520
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Book Description
In addressing specific policy areas - such as innovation and implementation of energy policies after the oil shocks of 1970, management of societal cleavages, setting of government priorities in budgeting, representation of diffuse interests in environmental policy, and management of defense forces - the authors define capabilities that all governments need in order to respond to policy problems. Do Institutions Matter? includes case studies that bear important evidence on when and how institutions infiuence government effectiveness. The authors discover a widespread variation among parliamentary systems both in institutional arrangements and in governmental capabilities, and find that many of the failings of policy performance commonly attributed to American political institutions are in fact widely shared among western industrial countries. Moreover, they show how American political institutions inhibit some government capabilities while enhancing others.
Author: Gérard Roland
Publisher: MIT Press
ISBN: 9780262681483
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.
Author: S. Estrin
Publisher: Springer
ISBN: 0230590322
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.
Author: O. Havrylyshyn
Publisher: Springer
ISBN: 1137339780
Category : Political Science
Languages : en
Pages : 256
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Book Description
The medieval Republic of Ragusa (now Dubrovnik) was a prosperous small open economy, rivalling bigger competitors. This study collects together evidence on how Ragusa compared to other economies of the region, and addresses the difficult question of why it outperformed its Dalmatian rivals (Kotor, Split and Zadar).
Author: José Antonio Alonso
Publisher: Oxford University Press, USA
ISBN: 0198852770
Category :
Languages : en
Pages : 369
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Book Description
Trapped in the Middle? investigates whether middle-income traps really exist and, in case they do, how these pitfalls are manifested, their causes, what economic policy measures are required to escape from them, and what international cooperation can do to support this process.
Author: C. Hartwell
Publisher: Springer
ISBN: 113732371X
Category : Business & Economics
Languages : en
Pages : 265
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Book Description
Examines the institutional developments in 28 transition economies over the past two decades and concludes that, contrary to popular belief, institutions were not neglected; while personalities mattered as much as policies for outcomes, getting the basic institutions right was the most important aspect of a successful transition.
Author: Thorsten Beck
Publisher: World Bank Publications
ISBN:
Category : Asia, Central
Languages : en
Pages : 54
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Book Description
Abstract: "Drawing on the recent literature on economic institutions and the origins of economic development, the authors offer a political economy explanation of why institution building has varied so much across transition economies. They identify dependence on natural resources and the historical experience of these countries during socialism as major determinants of institution building during transition by influencing the political structure and process during the initial years. Their empirical analysis shows that countries that are more reliant on natural resources and spent a longer time under socialist governments are more likely to see former communists remain in power and to start the transition process with less open political systems, with negative repercussions for the development of market-compatible institutions. Using natural resource reliance and the years under socialism to extract the exogenous component of institution building, the authors also show the importance of institutions in explaining the variation in economic development and growth across transition economies during the first decade of transition."--World Bank web site.
