Download or read book Regulation Productivity and Growth written by Giuseppe Nicoletti and published by World Bank Publications. This book was released on 2003 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation-growth linkage using data that cover a large set of manufacturing and service industries over the past two decades. We focus on multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross-country variance. We find evidence that reforms promoting private governance and competition (where these are viable) tend to boost productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing the gains are greater the further a given country is from the technology leader, suggesting that regulation limiting ...
Download or read book The Distributional Effects of Environmental Policy written by Johnstone Nick and published by OECD Publishing. This book was released on 2006-02-23 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book builds upon existing literature to simultaneously examine disparities in the distribution of environmental impacts of environmental policy and in the distribution of financial effects among households.
Download or read book Productivity Convergence written by Edward N. Wolff and published by Cambridge University Press. This book was released on 2013-12-16 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: A vast new literature on the sources of economic growth has now accumulated. This book critically reviews the most significant works in this field and summarizes what is known today about the sources of economic growth. The first part discusses the most important theoretical models that have been used in modern growth theory as well as methodological issues in productivity measurement. The second part examines the long-term record on productivity among Organization for Economic Co-operation and Development (OECD) countries, considers the sources of growth among them with particular attention to the role of education, investigates convergence at the industry level among them, and examines the productivity slowdown of the 1970s. The third part looks at the sources of growth among non-OECD countries. Each chapter emphasizes the factors that appear to be most important in explaining growth performance.
Download or read book Implementing Regulatory Reform Building the Case Through Results Proceedings of the Meeting of the Group on Regulatory Policy OECD Paris December 2007 written by OECD and published by OECD Publishing. This book was released on 2008-08-01 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses some of the major challenges for implementing regulatory reform, from a political perspective. It draws on the experience and evidence from OECD countries when building the case through results and developing strategies for ...
Download or read book Clusters of Competitiveness written by Raj Nallari and published by World Bank Publications. This book was released on 2013-08-28 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition, competitiveness, innovation and growth are inherently linked. This book covers the main ideas underlying competitiveness and its applications, drawing lessons for developing economies and relevant policy recommendations.
Download or read book product market regulation in romania a comparison with oecd countries written by marianne fay, donato de rosa, catalin pauna and published by World Bank Publications. This book was released on 2007 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Romania to those of the OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a comprehensive mapping of policies affecting competition in product markets. Comparison with OECD countries reveals that Romania's product market policies are less restrictive of competition than most direct comparators from the region and not far from the OECD average. Nonetheless, this achievement should be interpreted in light of the fact that PMR approach measures officially adopted policies. It does not capture implementation and enforcement, the area where future reform efforts should be directed if less restrictive policies are to have an effective impact, on long-term growth prospects. Part I: a comparative analysis of Romania's PRM and Inward-oriented Policies.
Download or read book Diversity of Patchwork Capitalism in Central and Eastern Europe written by Ryszard Rapacki and published by Routledge. This book was released on 2019-06-10 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comparative study which sheds a new empirical and theoretical light on the nature of post-communist capitalism in 11 EU new member countries of Central and Eastern Europe, or CEE11. Extending and modifying a well-established conceptual framework for comparative capitalism rooted in new institutional economics and economic sociology, it offers a better explanation for transition-specific and path-dependent factors inherent to systemic transformation. Based on a vast dataset, the book therefore illuminates the (dis)similarities among the institutional architectures in the EU countries. Thus, the book argues that the evolving capitalism in Central and Eastern Europe exhibits strong symptoms of institutional ambiguity or a "patchwork" nature which makes it a distinct category from any of the co-existing models of Western European capitalism. This book will be of key interest to scholars and students of comparative political economy, Eastern European politics, post-communist studies and more broadly to researchers in the fields of economics, European politics and the wider social sciences. It will also be of significance to journalists, policymakers, members of international organizations and consultancies with an interest in Central and Eastern Europe and in European integration.
Download or read book Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest written by OECD and published by OECD Publishing. This book was released on 2011-10-25 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report encourages governments to “think big” about the relevance of regulatory policy and assesses the recent efforts of OECD countries to develop and deepen regulatory policy and governance.
Download or read book Understanding the Crisis in Greece written by M. Mitsopoulos and published by Springer. This book was released on 2011-01-19 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the tensions in the Greek economy take centre stage in the international headlines, this book examines the failed policies and political corruption that have bankrupted the nation. The authors comment on recent bailouts and haircuts and explore the uncertain future of Greece in the Eurozone.
Download or read book product market regulation in bulgaria written by Marianne Fay and published by World Bank Publications. This book was released on 2007 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Bulgaria to those of OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a comprehensive mapping of policies affecting competition in product markets. Comparison with OECD countries reveals that Bulgaria has made substantial progress towards less restrictive product market policies but also emphasizes a number of areas where further reform is needed. These include adoption of a regulatory process based on incentive-based rather than command-and-control approach, reduction of state interference in the decision of state-owned enterprises, further streamlining of business licensing procedures, and improvement in the communication of rules and procedures to affected parties.
Download or read book Economic Policy 53 written by Georges De Menil and published by John Wiley & Sons. This book was released on 2009-04-20 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. Examination of key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level. Provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews. Economic Policy is written for all those with an informed interest in economic policy problems. All articles are submitted to rigorous scrutiny by a panel of distinguished economists from around the world, resulting in a volume of authoritative and accessible articles, each followed by the comments of panel members.
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Download or read book OECD Competition Assessment Reviews Greece written by OECD and published by OECD Publishing. This book was released on 2014-02-18 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies areas where reform could be undertaken to address regulatory barriers to competition in Greece.
Download or read book Markets and People written by World Bank and published by World Bank Publications. This book was released on 2020-02-10 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Romania’s income per capita has increased from 26 percent of the EU-28 average in 2000 to 63 percent in 2017, but this economic success rests on the wobbly foundations of unfavorable demographics, weak human capital, and ineffective institutions. Going forward, stronger competition and better human capital are critical to increasing the economy’s growth potential. Romanian manufacturing ï¬?rms are exposed to domestic and international competition, ensuring the flow of resources and market shares to more efï¬?cient players. This has not been the case for services, where anticompetitive regulations and direct state control often limit efï¬?ciency gains. Romanian state-owned enterprises do not compete on an equal footing with private sector ï¬?rms, distorting market outcomes and hampering the efï¬?cient allocation of resources. Removal of these restrictions would have a signiï¬?cant positive impact on GDP growth. Competitively neutral policies are needed to ensure that all enterprises, public or private, domestic or foreign, face the same set of rules. Romania’s human capital accumulation--proxied by the World Bank’s Human Capital Index (HCI)--is the lowest in the European Union and varies widely across counties. Disparities in education outcomes remain relevant across and within regions of Romania. Learning gaps in primary and secondary education persist. These can be seen clearly between urban and rural areas, across regions, and across social groups, requiring changes both at the systems level and at the learning-center level. In the labor market, the automation of production processes has started driving demand for higher levels of cognitive skills, while jobs involving the routine application of procedural knowledge are shrinking in number. A paradigm shift would require reforms in primary and secondary schooling, in addition to more targeted actions, to establish an effective skills development system to bolster human capital.
Download or read book Industrial Productivity in Europe written by Matilde Mas and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons. The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective, although greater attention is paid to the period of expansion from 19952007 and the post 2008 period of crisis. Each contribution builds on a common methodology based on a detailed database providing a high degree of disaggregation with respect to the industries and factors accounting for growth. The role played by ICT is expertly emphasized, in particular the different paths followed in the US and the EU. This topical book will prove to be an unrivalled source of comparative data for academics, practitioners and policymakers alike.
Download or read book Supporting Investment in Knowledge Capital Growth and Innovation written by OECD and published by OECD Publishing. This book was released on 2013-10-10 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work shows that business investment in knowledge-based capital is a key to future productivity growth and living standards and sets out recommendations in the fields of: innovation; taxation; entrepreneurship and business development; corporate reporting; big data; competition and measurement.
Download or read book OECD Competition Assessment Reviews Romania written by OECD and published by OECD Publishing. This book was released on 2016-06-28 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the OECD Competition Assessment Toolkit, this report identifies 227 problematic regulations in Romania and makes 152 specific recommendations on legal provisions that should be amended or repealed.
