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Financial Markets, Credit Constraints, and Investment in Rural Romania
  • Language: en
  • Pages: 140

Financial Markets, Credit Constraints, and Investment in Rural Romania

This study evaluates the performance of financial markets in rural areas of Romania based on the 1998 rural household, rural enterprise, and financial intermediary surveys, along with other official statistical data for 1997. It presents empirical evidence indicating that constrained access to credit markets negatively influences the investment behavior of households and enterprises. The report recommends a detailed government strategy to correct the observed shortcomings of rural financial markets and identifies new challenges that are likely to appear.

Privatization in Eastern and Central Europe
  • Language: en
  • Pages: 33

Privatization in Eastern and Central Europe

The privatization process must be seen as transparent and absolutely above reproach and the rules of the "market" game must be clearly enunciated and adhered to in divestitures. Improvements in economic performance will be considerably diluted if the new market economy is based on an extensive network of special privileges.

Reforming Finance in Transitional Socialist Economies
  • Language: en
  • Pages: 44

Reforming Finance in Transitional Socialist Economies

None

The Korean Consumer Electronics Industry
  • Language: en
  • Pages: 26

The Korean Consumer Electronics Industry

None

Unemployment, Restructuring, and the Labor Market in Eastern Europe and Russia
  • Language: en
  • Pages: 418

Unemployment, Restructuring, and the Labor Market in Eastern Europe and Russia

World Bank Technical Paper No. 263. Management of water resources is essential for long-term, environmentally sustainable human and economic development. Increasingly, the World Bank and other international organizations are called upon to provide support in the formulation of water resources strategies. This volume serves as a guide for developing countries in creating their strategies by outlining a general process. It also suggests ways for countries to build capacity through the process of designing and implementing such strategies. The volume is divided into two parts. Part I covers the purpose and process of strategy formulation. The process consists of a water resource assessment and then the design and choice of options. Part II reviews such main concepts as institutional and human resources, stakeholder participation, information systems, economics, environment and health, and international issues.

Do the Benefits of Fixed Exchange Rates Outweigh Their Costs?
  • Language: en
  • Pages: 37

Do the Benefits of Fixed Exchange Rates Outweigh Their Costs?

Fixed exchange rates have been a bad bargain for the CFA member countries. Under reasonable tradeoffs between output and inflation, these countries would have been better off having the flexibility to adjust to external shocks.

Preživetje v naravi
  • Language: en
  • Pages: 56

Preživetje v naravi

None

Macroeconomic Adjustment to Oil Shocks and Fiscal Reform
  • Language: en
  • Pages: 100

Macroeconomic Adjustment to Oil Shocks and Fiscal Reform

Deep fiscal reform will significantly help Zimbabwe achieve a sustainable debt path, a decline in interest rates paid on public debt and a recovery of private consumption and investment.

Justice and Global Politics
  • Language: en
  • Pages: 342

Justice and Global Politics

Since the end of the Cold War, there has been increasing interest in the global dimensions of a host of public policy issues - issues involving war and peace, terrorism, international law, regulation of commerce, environmental protection, and disparities of wealth, income, and access to medical care. Especially pressing is the question of whether it is possible to formulate principles of justice that are valid not merely within a single society but across national borders. The thirteen essays in this volume explore a range of issues that are central to contemporary discussions of global politics. Written by prominent philosophers, political scientists, economists, and legal theorists, they offer valuable contributions to current debates over the nature of justice and its implications for the development of international law and international institutions.

Agricultural Pricing Systems and Transportation Policy in Africa
  • Language: en
  • Pages: 33