Ownership Structure and the Temptation to Loot

Ownership Structure and the Temptation to Loot PDF Author: Robert J. Cull
Publisher: World Bank Publications
ISBN: 2905305398
Category :
Languages : en
Pages : 44

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Book Description

Ownership Structure and the Temptation to Loot

Ownership Structure and the Temptation to Loot PDF Author: Robert J. Cull
Publisher: World Bank Publications
ISBN: 2905305398
Category :
Languages : en
Pages : 44

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Book Description


State and Society in Post-Socialist Economies

State and Society in Post-Socialist Economies PDF Author: J. Pickles
Publisher: Springer
ISBN: 0230590926
Category : Political Science
Languages : en
Pages : 294

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Book Description
State and Society in Post-Socialist Economies focuses on the reform economies of post-socialist Europe. It looks at how various projects of communism that emerged in have been and are still being dismantled and recomposed by alternative visions, institutions and practices of capitalist market economies and democratic polities.

Enforcement and Corporate Governance

Enforcement and Corporate Governance PDF Author: Erik Berglöf
Publisher: World Bank Publications
ISBN: 4100615213
Category : Corporate governance
Languages : en
Pages : 49

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Book Description
Abstract: "Enforcement more than regulations, laws-on-the-books, or voluntary codes is key to effective corporate governance, at least in transition and developing countries. Corporate governance and enforcement mechanisms are intimately linked as they affect firms' ability to commit to their stakeholders, in particular to external investors. Berglof and Claessens provide a framework for understanding these links and how they are shaped by countries' institutional contexts. When the general enforcement environment is weak and specific enforcement mechanisms function poorly, as in many developing and transition countries, few of the traditional corporate governance mechanisms are effective. The principal consequence in these countries is a large blockholder, but there are important potential costs to this mechanism. A range of private and public enforcement 'tools' can help reduce these costs and reinforce other supplementary corporate governance mechanisms. The limited empirical evidence suggests that private tools are more effective than public forms of enforcement in the typical environment of most developing and transition countries. However, public enforcement is necessary regardless, and private enforcement mechanisms often require public laws to function. Furthermore, in some countries at least, bottom-up, private-led tools preceded and even shaped public laws. Political economy constraints resulting from the intermingling of business and politics, however, often prevent improvements in the general enforcement environment, and adoption and implementation of public laws in these countries. This paper a product of the Global Corporate Governance Forum, Corporate Governance Department is part of a larger effort in the department to help improve the understanding of corporate governance reform in developing countries"--World Bank web site.

The Institutional Economics of Russia's Transformation

The Institutional Economics of Russia's Transformation PDF Author: Anton N. Oleinik
Publisher: Routledge
ISBN: 1351146432
Category : Business & Economics
Languages : en
Pages : 372

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Book Description
This book applies institutional theory to the analysis of the post-Soviet Russian economy to bring to light the reasons why reforms have gone awry. Emphasis is put on the elements missed in the early blueprints of reforms: constraints embodied in formal and especially informal institutions. Other aspects considered include the dominant model of power relationships and the networks of localized and personalized relationships among economic actors. The first part provides a general description of the core concepts of institutional theory, including both the 'old' institutionalism of T. Veblen and J. Commons and the 'new' institutional economics of R. Coase, O. Williamson and D. North, and in the second part an institutional model of the post-Soviet Russian economy is developed. In the course of the analysis the authors discuss such unresolved issues as post-privatization development in Russia and validity of the Coase theorem in the post-Soviet institutional context. Rich empirical data grounds the discussion throughout.

World Development Report 2006

World Development Report 2006 PDF Author: Francisco H. G. Ferreira
Publisher: World Bank Publications
ISBN: 082136250X
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
Inequality of opportunity, both within and among nations, sustains extreme deprivation, results in wasted human potential and often weakens prospects for overall prosperity and economic growth, concludes the 2006 World Development Report. To correct this situation and reduce poverty more effectively, Equity and Development recommends ensuring more equitable access by the poor to health care, education, jobs, capital, and secure land rights, among others. It also calls for greater equality of access to political freedoms and political power, breaking down stereotyping and discrimination, and improving access by the poor to justice systems and infrastructure. To level the playing field among countries, and thereby reduce global inequities that hurt the poor in developing countries, the report calls for removal of trade barriers in rich countries, flexibility to allow greater in-migration of lower-skilled people from developing countries, and increased -- and more effective -- development assistance.

Private Enterprises and China's Economic Development

Private Enterprises and China's Economic Development PDF Author: Shuanglin Lin
Publisher: Routledge
ISBN: 1135983372
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Private enterprises have contributed significantly to China's recent economic growth and will play a key role in achieving China's goal of building a comprehensively well-society. But how can private enterprises help China mitigate its macroeconomic problems such as unemployment, income inequality, financial disintermediation, and an unhealthy economic cycle? And what are the main obstacles to private enterprise development? Private Enterprises and China’s Economic Development answers these questions by identifying the range of cultural, political and financial challenges confronting China's private enterprises, and assessing their performance and potential. Contributors also analyse the experiences and lessons of other countries, and propose strategies and policies to help China promote private enterprise development. Using the most up to date research on private enterprises, including detailed econometric analysis and national representative data, authors including economists, policy-makers and academics from the USA, China, Singapore and Canada comprehensively address the most important aspects of China’s private enterprise development. As such this book will appeal to students, scholars and policy-makers alike with an interested in the Chinese economy, economic growth, comparative economics and transitional economics.

The Politics of Greed

The Politics of Greed PDF Author: Andrew Schwartz
Publisher: Rowman & Littlefield
ISBN: 9780742553088
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Presenting the political history of privatization in Central and Eastern Europe, this work demonstrates that the way that assets are privatized matters, both with respect to national economic performance and the successful development of the rule of law. It applies ownership regime theory to a range of post-communist privatization cases.

Understanding Market Reforms

Understanding Market Reforms PDF Author: J. Fanelli
Publisher: Springer
ISBN: 0230373615
Category : Business & Economics
Languages : en
Pages : 428

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Book Description
There has been a widespread move toward more market-oriented policies and institutions across the developing and former socialist countries. 31 country studies were undertaken to try to understand the divergent results of these reforms. This book presents the findings of these studies, synthesized on a regional and global basis.

Under New Ownership

Under New Ownership PDF Author: Shahid Yusuf
Publisher: World Bank Publications
ISBN: 0821356259
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is responsible for the majority of bank non-performing assets. Thus in the interests of financial stability it is crucial to implement the remaining reform agenda. The accession to the WTO has also made it more urgent for China's most-dynamic state-owned en.

Developing Rainfall-based Index Insurance in Morocco

Developing Rainfall-based Index Insurance in Morocco PDF Author:
Publisher: World Bank Publications
ISBN:
Category : Agricultura - Marruecos
Languages : en
Pages : 44

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Book Description
Almost 90 percent of Moroccan agriculture is not irrigated, and since most of Morocco's crops depend on adequate rainfall, yields and production vary widely. A drought insurance program based on rainfall index contracts is feasible in parts of Morocco and could significantly benefit its farmers.