Documents et rapports
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The countrywide effects of aid (anglais)
There are three main approaches to analyzing the effects of aid money and aid-supported reform: before-and-after comparison; control group (simple and modified) studies; and modeling. All three approaches...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1337 Date du document: 31 août 1994 Auteur: White, Howard,Luttik, Joke,DEC
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Strategic interdependence in the East-West gas trade : a hierarchical Stackelberg game approach (anglais)
The current and potential benefits of the East-West gas trade are enormous for all participants. Realizing those benefits requires significant upfront investments. But the new, more complex structure of...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1343 Date du document: 31 août 1994 Auteur: Grais, Wafik,Kangbin Zheng,DEC
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Which foreign investors worry about foreign exchange risk in South Asia and why? (anglais)
The authors show that the potential benefit to a host country of forward markets or of foreign exchange guarantees depend on the investor's country of origin and on specific characteristics of investment...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1344 Date du document: 31 août 1994 Mode de publication: Disclosed Auteur: Bond, Eric,Estache, Antonio,DEC
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A test of the international convergence hypothesis using panel data (anglais)
The author, using a neoclassical Solow model, estimates an economy's rate of convergence to its own steady state. Using panel date for a sample of 98 countries, the author applies Chamberlain's (1984)...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1333 Date du document: 31 août 1994 Auteur: Loayza, Norman V.,DEC
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The decentralization of public services : lessons from the theory of the firm (anglais)
The literature on the theory of the firm is rich in theoretical and practical insights. The key messages in this overview are the following: (a) the modern theory of the firm provides many insights into...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1345 Date du document: 31 août 1994 Auteur: Cremer, Jaques,Estache,Antonio,Seabright,Paul B.,DEC
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Linking competition and trade policies in Central and Eastern European countries (anglais)
The authors explore options for Central and Eastern Europe (CEE) governments to make competition law enforcement more sensitive to trade and investment policy, thereby supporting liberal trade policy...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1346 Date du document: 31 août 1994 Auteur: Hoekman, Bernard M.,Mavroidis, Petros C.,DEC
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Economic parameters of deforestation (anglais)
Recent debate about how timber prices affect deforestation has focused mainly on how log export bans (imposed in many developing countries to protect domestic timber processing) affect deforestation. One...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1350 Date du document: 31 août 1994 Auteur: von Amsberg, Joachim,DEC
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Poverty and household size (anglais)
The widely held view that larger families tend to be poorer in developing countries has influenced research and policies. But the basis for this "stylized fact" is questionable, the authors argue. Widely...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1332 Date du document: 31 août 1994 Auteur: Lanjouw,Peter F.,Ravallion,Martin,DEC
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The new regionalism and the threat of protectionism (anglais)
Drawing on the game theory concepts, the authors discuss why countries form themselves into trading blocs and what the relations between these blocs are likely to be. They identify three types of regimes:...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1349 Date du document: 31 août 1994 Auteur: Hallet, Andrew Hughes,Braga, Carlos A. Primo,DEC
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Banks, capital markets, and corporate governance : lessons from Russia for Eastern Europe (anglais)
The financial sector should be active in enterprise restructuring in the transitional economies, and should help channel resources to the private sector. What will best help the sector achieve these tasks:...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1326 Date du document: 31 juillet 1994 Auteur: Pohl, Gerhard,Claessens,Constantijn A.,DEC
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Estimating the efficiency gains of debt restructuring (anglais)
One rationale for debt reduction operations under the Brady Plan has been, by alleviating the debt overhang, to improve investment efficiency. Brady-type debt and debt-service reduction (within a strong...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1317 Date du document: 31 juillet 1994 Auteur: Bulow, Jeremy,Rogoff, Kenneth,Ning S. Zhu,DEC,a descri,Buyback arrangements
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Institutions and the East Asian miracle : asymmetric information, rent - seeking, and the deliberation council (anglais)
North (1984) argues that it is not the cost of transport but the cost of transactions that prevents economies from realizing well-being - and that institutions matter because they affect the costs of transactions...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1321 Date du document: 31 juillet 1994 Auteur: Campos,Jose Edgardo L.,Lien, Donald,DEC
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The financial system and public enterprise reform : concepts and cases (anglais)
Public enterprise reform is an important part of policy strategies to accelerate economic growth in many countries. The authors identify two distinct but complementary approaches to public enterprise reform...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1319 Date du document: 31 juillet 1994 Auteur: Demirguc-Kunt,Asli,Levine,Ross Eric,DEC
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Is the debt crisis history? Recent private capital inflows to developing countries (anglais)
The outlook for economic development for an important group of middle-income countries has again been buoyed by substantial private capital inflows in the 1990s. As in the 1970s, this development has been...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1327 Date du document: 31 juillet 1994 Auteur: Dooley,Michael P.,Fernandez-Arias,Eduardo,Kletzer,Kenneth M.,DEC
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Capital structures in developing countries : evidence from ten countries (anglais)
The authors investigate capital structures in a sample of the largest publicly traded firms in ten developing countries - Brazil, India, Jordan, the Republic of Korea, Malaysia, Mexico, Pakistan, Thailand...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1320 Date du document: 31 juillet 1994 Auteur: Demirguc-Kunt,Asli,Maksimovic, Vojislav,DEC
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Is demand for polluting goods manageable? an econometric study of car ownership and use in Mexico (anglais)
Charging for social marginal costs is efficient regardless of price elasticities, but the importance of getting prices "right" is greater the more manageable, or elastic, the demand. In efficient pollution...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1309 Date du document: 30 juin 1994 Auteur: Eskeland,Gunnar Saethern,Feyzioglu, Tarhan N.,DEC
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Preserving the CFA Zone : macroeconomic coordination after the devaluation (anglais)
On January 12, 1994, the CFA franc - the currency of the thirteen African states of the CFA Franc Zone - was devalued 50 percent. The event had been expected for some time, but the magnitude and one-shot...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1316 Date du document: 30 juin 1994 Auteur: Devarajan,Shantayanan,Walton,Michael,DEC
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New estimates of total factor productivity growth for developing and industrial countries (anglais)
The authors present new estimates of long-term total factor productivity (TFP) growth for 83 industrial and developing countries for 1960-87. These estimates are based on new data developed for the research...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1313 Date du document: 30 juin 1994 Auteur: Nehru, Vikram,Dhareshwar, Ashok,DEC
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The new wave of private capital inflows : push or pull? (anglais)
Widespread private capital inflows to middle-income countries have surged over the past three years. At the same time, Brady-type debt reduction operations and domestic policy reform took place, indicators...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1312 Date du document: 30 juin 1994 Auteur: Fernandez-Arias,Eduardo,DEC
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The economics of research and development : how research and development capital affects production and markets and is affected by tax incentives (anglais)
Certain themes and findings emerge from the authors analysis of key relationships between research and development (R&D) and other factors. Among them: (1) R&D capital and the structure of production:...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1325 Date du document: 30 juin 1994 Auteur: Shah,Anwar M.,DEC