Tags → sector
- Public sector in the Czech Republic: Bloated or Starved.
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May 15, 2007 09:51
This article deals with bureaucracy issues in the public sector of the country.
- Exchange Rate Regimes and the Real Sector: a Sectoral Analysis of CEE Countries
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May 15, 2007 09:53
This paper analyses the impact of exchange rate regimes on the real sector.
- How Can Financial System Spur Growth in Transition Economies
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May 15, 2007 09:53
This paper was prepared within the Economic Policy Institutes Network program. The study aims to introduce the interrelation between finance and real sector dynamics, combining these relations both in short and long-term.
- Financial Sector Development in the Future EU Member States and Russia
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May 15, 2007 09:53
This paper was prepared within the Economic Policy Institutes Network program. It presents the major feature of the financial sectors in the Future EU Member States and assesses the main policy issues affecting financial sector development in these countries.
- Structural adjustment of Yugoslav agriculture: transition from sectoral to more rural oriented policy
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May 15, 2007 09:54
This paper discusses that further adjustment of the agriculture must be based on creating the policy which has to be more rural oriented policy than sectoral policy.
- Privatization and Restructuring Enterprises in CIS
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May 15, 2007 09:54
The publication compares the process of privatization and restructuring the real sector in CIS and in Central and Eastern Europe
- Spotlight on south-eastern Europe
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May 15, 2007 09:54
South-eastern Europe (SEE) is today a region of opportunity and potential, but obstacles to private sector development such as a weak investment climate, lack of access to finance and insufficient investment and trade opportunities must be overcome to ensure the region's long-term prosperity.
- Filling the gap in urban transport: Private sector participation in transition countries
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May 15, 2007 09:54
This paper reviews private sector participation (PSP) in urban transport in central and eastern Europe and the Commonwealth of Independent States. It documents how the private sector is helping to address service gaps in poorer countries and identifies a strong negative relationship between GDP per capita and the degree of PSP. It also shows that decisions to involve the private sector in public services are driven by resource constraints and the general reform process.
- European financial integration and the financing of local businesses in the new EU member states
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May 15, 2007 09:54
This paper explores the degree of financial market integration between the new and old EU member states. It also considers the likely effects of the ongoing integration process on the new members’ financial sectors. In particular, the paper discusses the implications of the high concentration of financial services and the dominance of foreign-owned institutions for the provision of financial services to small and medium-sized enterprises (SMEs) in the ten accession countries. Using enterprise data on 2,427 firms, the paper finds that access to finance still constitutes a major problem for business development and that financing conditions are considerably more difficult for SMEs than for larger entities.
- Bridging the gaps? Private sector development, capital flows and the investment climate in south-eastern Europe
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May 15, 2007 09:54
This paper provides an overview of private sector activity and investment in south-eastern Europe (SEE). The importance of the private sector is growing in all countries of the region. The private sector is dominated by small and medium-sized enterprises (SMEs) and much economic activity takes place in the untaxed informal sector. Lack of finance is a key constraint for enterprises. Foreign inflows, therefore, play a crucial role in providing a source of finance for new investment.
- Power sector regulatory reform in transition economies: Progress and lessons learned
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May 15, 2007 09:54
Regulatory reform in the power sector of most transition economies has progressed. Regulatory independence, however, is still limited with direct (statutory) and indirect political input influencing decision making. Further reform is required to secure power tariff increases and private sector participation. Both should improve sector performance, notwithstanding current market sentiment towards the sector and the region. This paper discusses the advances made in regulatory reform, with a focus on end user regulation rather than network access. It suggests that regulatory rules, enforceable in an independent forum such as international arbitration, should be written into contracts to ensure investor security.
- What should the multilateral development banks do?
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May 16, 2007 14:41
This paper assesses the role of multilateral development banks (MDBs) in fostering development or transition through the institutional mechanisms that the MDBs possess for the selection, monitoring and enforcement of loans and other financing agreements and through the use of subsidies that they receive from their shareholders and other sources. We conclude that a useful direction for MDB reform is to exploit more effectively the potential complementarities between the public and private sector financing operations.
- Financial structures to promote private sector development in south-eastern Europe
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May 16, 2007 14:41
This paper investigates the extent to which the financial sector in south-eastern Europe (SEE) responds to the needs of the local private sector. It does so through an analysis of the sources of finance used by enterprises when making fixed investments, and by looking at the level of banking intermediation and the (lack of) development of the non-banking financial sector. Enterprises in SEE are found to rely mainly on internal funds to finance expansion.
- Foreign bank participation and crises in developing countries
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November 23, 2007 13:10
This paper describes the recent trends in foreign bank ownership in developing countries, summarizes the existing evidence on the causes and implications of foreign bank presence, and reexamines the link between banking crises and foreign bank participation.
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