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This paper analyzes the determinants of growth in 25 transition economies during 1990–97. The paper’s main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms on output may be negative, over time the best growth performances are in those countries with the greatest progress in implementing reforms. The analysis also confirms that although adverse initial conditions hurt growth, their effect is small compared to the other factors.
Die Spezialisierung im Bauwesen macht es notwendig, Bauleitern, Tragwerksplanern und -prüfern anwendungsgerechte Informationen zur fachlich korrekten Planung und wirtschaftlichen Ausführung dieser wichtigen Hilfsbauwerke zu liefern. Das über viele Vorschriften verteilte Wissen über Gerüste und Schalungen sowie die notwendigen Umsetzungen in die Praxis werden in diesem Buch zusammenfassend beschrieben. Es ist besonders für Fachleute (Bauwesen und Bautechnik) und Studierende des konstruktiven Ingenieurbaus (ab 7. Semester) geeignet. Der Autor ist als Prüfingenieur für Baustatik ausgewiesen - spezialisiert auf Traggerüste und Bauschalungen. Seine praktischen Erfahrungen vereinen sich in diesem Buch mit der, während seiner nebenberuflichen Lehrtätigkeit an der RWTH Aachen erworbenen Fähigkeit, Probleme anschaulich zu erklären.
Proven and new material: for 33 years, this has been the practical compendium for masonry construction: basics, examples, commentaries on standards, up-to-date and first hand. Main themes for 2009: building of masonry, load-bearing capacity of existing buildings.
An innovative, critical, historically informed, yet accessible reassessment of writers who remained in Nazi Germany and Austria yet expressed nonconformity - even dissent - through their fiction.
This paper examines determinants and leading indicators of banking crises. The paper examines episodes of banking system distress and crisis in a large sample of countries to identify which macroeconomic and financial variables can be useful leading indicators. The best warning signs of the recent Asian crises were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be associated more with external developments, and domestic variables are the main leading indicators of severe but contained banking distress.
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