A Tale Of Two Reforms
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A Tale Of Two Reforms
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Author : Wei Li
language : en
Publisher:
Release Date : 1995
A Tale Of Two Reforms written by Wei Li and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with China categories.
A Tale Of Two Reforms
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Author :
language : en
Publisher:
Release Date : 2001
A Tale Of Two Reforms written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
Contrasts the future for a typical middle class Washington family under two Social Security reform proposals.
A Tale Of Two Reforms
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Author : Wei Li
language : en
Publisher:
Release Date : 2001
A Tale Of Two Reforms written by Wei Li and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
The paper identifies the absence of well-functioning product markets in transition economies as a sufficient initial condition under which big bang, a radical reform, reduces output initially, while a Chinese-style reform increases output. Under central planning, the state integrates monopolistic state enterprises. Big bang dismantles central planning and liberalizes prices. In this decentralized environment, imperfect competition in the presence of roundabout production linkages creates pecuniary externalities in the sense that a price increase by one enterprise raises other enterprises' costs and reduces their demands. Each individual enterprise maximizing its own profits doesn't take into account the externalities and therefore tends to take actions that lead to lower output in a short-run Nash equilibrium. The Chinese reform regulates enterprises intramarginally by forcing them to fulfill planned output quotas at planned prices and liberalizes only marginally by allowing them to sell above-the-quota outputs at market prices.While the intramarginal regulation reduces the deleterious effects of the externalities, the marginal liberalization encourages enterprises to produce beyond the quotas, leading to an output expansion in the short run.
Latin Versus European Power
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Author : Tim Mennel
language : en
Publisher:
Release Date : 2007
Latin Versus European Power written by Tim Mennel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
Social Policy Reform In Hong Kong And Shanghai A Tale Of Two Cities
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Author : Linda Wong
language : en
Publisher: Routledge
Release Date : 2016-07-22
Social Policy Reform In Hong Kong And Shanghai A Tale Of Two Cities written by Linda Wong and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-22 with Mathematics categories.
As the richest cities in the world's most populous nation, Hong Kong and Shanghai have recently experienced dynamic growth spurred by more and better-managed capital. These cities also have social problems whose solutions will cost money. Their urban populations are aging. Health finance at the level these "First World" cities demand threatens to consume a large portion of the municipal budgets. Eldercare and social security are now less well covered by traditional Chinese families. Education has become more complex and public tuition, where it occurs, brings with it official plans for schools. Immigrants have flocked to Shanghai from inland China, and Hong Kong's border has become a protector of the former colony's high productivity jobs. Housing problems also have deeply affected both cities, albeit in somewhat different ways. This book provides a comprehensive overview of the similarities and differences between social policies in the two cities. Each chapter covers a different issue: health finance, housing, education, labor, poverty and social security, eldercare, and migration and competitiveness. The contributors explore pertinent developments in each city and analyze the similarities and differences between the two cities' approaches to social policies. They focus on policy reform and the interface between social policy and its environment. One main theme throughout the book is the extent to which spending for capital accumulation is in conflict with spending for social policies.
A Tale Of Two Countries New Public Management Reforms In Universities In The Uk And China
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Author : Juan Du
language : en
Publisher:
Release Date : 2007
A Tale Of Two Countries New Public Management Reforms In Universities In The Uk And China written by Juan Du and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
A Tale Of Two Government Reforms In Korea
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Author :
language : en
Publisher:
Release Date : 2006
A Tale Of Two Government Reforms In Korea written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
A Tale Of Two Taxes
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Author : Richard Miller Bird
language : en
Publisher: Lincoln Inst of Land Policy
Release Date : 2012
A Tale Of Two Taxes written by Richard Miller Bird and has been published by Lincoln Inst of Land Policy this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
This book examines the Canadian province of Ontario's 1998 attempt to reform its property tax laws and provides strategies--such as restructuring education finance and introducing a new form of business taxation, at both the provincial and local levels--to help policy makers design a better future.
Temporary Employment Job Flows And Productivity
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Author : Lorenzo Cappellari
language : en
Publisher:
Release Date : 2011
Temporary Employment Job Flows And Productivity written by Lorenzo Cappellari and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
A Tale Of Two Crises
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Author : Ross P. Buckley
language : en
Publisher:
Release Date : 2020
A Tale Of Two Crises written by Ross P. Buckley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
The Asian economic crisis of 1997 spawned a vast analytical literature and a reconsideration of the international financial architecture. This article seeks a broader perspective on these issues by comparing the causes of the debt crisis of 1982 with those of the Asian crisis. These two crises are the most significant of the last fifty years. Their joint analysis reveals seven enduring lessons of international financial reform that need to be incorporated in any revisions to the international financial system. The debt crisis that erupted in August 1982 was the most damaging and far reaching financial crisis of the late 20th century. It spawned a voluminous literature. Of late we have had crises in Mexico in 1994, East Asia in 1997, Russia in 1998 and Brazil in early 1999. These more recent crises have served to supersede the debt crisis in the public imagination to the extent that that we hear nonsense such as the repeated descriptions of the Asian crisis as “the most severe crisis of the last fifty years”. This article seeks to re-examine the debt crisis in light of our more recent experiences of financial crises. “Those who cannot remember the past are condemned to repeat it.” and mistakes in the finance of developing countries cost the lives of thousands and sacrifice the futures of millions. The methodology of this article is to compare the causes of, and lessons from, the debt crisis with the causes of, and lessons from, the Asian crisis with reference, as appropriate, to the Mexican, Russian and Brazilian experiences. There are certain similarities among each of these four financial crises of the 1990s. The debt crisis of the 1980s was in many ways quite a different type of crisis. The goal of this article is to identify the lessons that have held good throughout the last thirty years of international financial history and across these two different types of crisis. These, it is postulated, will be the lessons most likely to be of relevance in these early years of the next century as we seek to improve the architecture of the international financial system.