What Matters to African Firms? The Relevance of Perceptions Data
In: World Bank Policy Research Working Paper Series, S. -
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In: World Bank Policy Research Working Paper Series, S. -
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Working paper
This article takes an integrated approach to evaluating the interaction of initial conditions, political change, reforms and economic performance in a unified framework covering 28 transition economies in East Asia, Central and Eastern Europe, and the Former Soviet Union (FSU). Initial conditions and economic policy jointly determine the large differences in economic performance among transition economies. Initial conditions dominate in explaining inflation, but economic liberalization is the most important factor determining differences in growth. Political reform emerges as the most important determinant of the speed and comprehensiveness of economic liberalization, raising the important question of what determines political liberalization. Results suggest the importance of the level of development in determining the decision to expand political freedoms.
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Gelb, A.: China's reforms in the wider context of transition. - S. 1-15. Sinton, J. E. ; Fridley, D. G. ; Dorian, J.: China's energy future. The role of energy in sustaining growth. - S. 17-43. Swaine, M. D.: Chinese military modernitation. - S. 45-65. Banister, J.: China: population dynamics and economic implications. - S. 67-88. Riskin, C.: Social development, quality of life and the environment. - S. 89-109. Koo, A. Y. C. ; Yeh, K. C.: Impact of township, village and private enterprises' growth on state enterprises reform. - S. 111-133. Epstein, A. B.: Village elections in China. Experimenting with democracy. - S. 135-154
World Affairs Online
Studien zu Fragen der ländlichen Entwicklung und der Regionalpolitik/Wachstumszentren
World Affairs Online