The author assesses the Czechoslovak mass privatization program for speed, equity, and corporate governance. The program transferred claims on assets in 1,491 enterprises - assets worth about $10.7 billion...
The authors explore the relationship between economic growth and environmental quality by analyzing patterns of environmental transformation for countries at different income levels. They look at how eight...
In terms of trade and capital flow, the Middle East is one of the least economically integrated regions of the world. The major exception is labor mobility where intraregional migration flows are extensive...
There is a conventional perception that high real interest rates are bad for economic growth. However, the authors show that close examination of the experience over the last 40 years undermines the existence...