Efficiency Issues In Transitional Economies

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Efficiency Issues In Transitional Economies

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Author : Jenifer Piesse
language : en
Publisher: Routledge
Release Date : 2018-09-28

Efficiency Issues In Transitional Economies written by Jenifer Piesse and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-28 with Social Science categories.

Published in 1999, this text uses a number of approaches to measure the performance of firms in the transition economies of Central Eastern Europe during the early stages of reform. There is considerable controversy about the level of productivity in this period, as is evident by contradictory evidence quoted in the literature and a high degree of inconsistency in published national statistics. Indeed, the disagreement extends to the measurement approach and the results for this group of countries. Particularly difficult is any analysis at the firm level, as data is inconsistent, incomplete and based on now out-dated accounting systems. The information used in this book is a panel data set of 64 items collected from 1000 firms across 25 industry sectors in Hungary. Productive efficiency is measured and the reasons for poor performance are discussed. It was found that industrial sectors differ in their average performance levels and in the factors most likely to account for this. Finally, recommendations are developed to help to reverse the decline in productivity.

Social Sector Issues In Transitional Economies Of Asia

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Author : Douglas H. Brooks
language : en
Publisher: Oxford University Press, USA
Release Date : 1998

Social Sector Issues In Transitional Economies Of Asia written by Douglas H. Brooks and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Asia categories.

This work offers broad guidelines for leaders, public and private, charged with making the crucial decisions that will affect the daily lives of a large share of the world's population.

Policy Analysis For Effective Development

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Author : Kristin Morse
language : en
Publisher: The Energy and Resources Institute (TERI)
Release Date : 2006-01-01

Policy Analysis For Effective Development written by Kristin Morse and has been published by The Energy and Resources Institute (TERI) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-01 with Political Science categories.

This practical text provides analytic tools and real-world examples to equip both students and professionals with the skills they need to develop and implement effective public policies.Focussing on transition economies, Morse and Struyk concentrate on the day-to-day tasks involved in tackling social and economic policy issues. They thoroughly cover the practicalities of activities such as allocating resources, balancing political and technical factors, introducing competition into the public sector, weighing costs and benefits, monitoring and evaluating programs, and even presenting policy recommendations, as well as the specifics of the actual decision-making process. Exercises and case studies allow readers to apply lessons learned to real situations.

Efficiency Issues In Transitional Economies

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Author : Jenifer Piesse
language : en
Publisher: Routledge
Release Date : 2018-09-28

Efficiency Issues In Transitional Economies written by Jenifer Piesse and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-28 with Social Science categories.

Published in 1999, this text uses a number of approaches to measure the performance of firms in the transition economies of Central Eastern Europe during the early stages of reform. There is considerable controversy about the level of productivity in this period, as is evident by contradictory evidence quoted in the literature and a high degree of inconsistency in published national statistics. Indeed, the disagreement extends to the measurement approach and the results for this group of countries. Particularly difficult is any analysis at the firm level, as data is inconsistent, incomplete and based on now out-dated accounting systems. The information used in this book is a panel data set of 64 items collected from 1000 firms across 25 industry sectors in Hungary. Productive efficiency is measured and the reasons for poor performance are discussed. It was found that industrial sectors differ in their average performance levels and in the factors most likely to account for this. Finally, recommendations are developed to help to reverse the decline in productivity.

Infrastructure Performance And Reform In Developing And Transition Economies

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Author : Lourdes Trujillo
language : en
Publisher: World Bank Publications
Release Date : 2005

Infrastructure Performance And Reform In Developing And Transition Economies written by Lourdes Trujillo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Industrial productivity categories.

"Estache, Perelman, and Trujillo review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in developing countries. In transport, private operators have tended to perform better than public operators. For utilities, ownership often does not matter as much as sometimes argued. Most cross-country studies find no statistically significant difference in efficiency scores between public and private providers. As for the country-specific studies, some do find differences in performance over time but these differences tend to matter much less than a large number of other variables. Across sectors, private operators functioning in a competitive environment or regulated under price caps or hybrid regulatory regimes tend to catch up best practice faster than public operators. There is a very strong case to push regulators in developing and transition economies toward a more systematic reliance on yardstick competition in a sector in which residual monopoly powers tend to be common. This paper--a product of the Office of the Vice President, Infrastructure Network--is part of a larger effort in the network to document the state of the sector"--World Bank web site.

The Political Economy Of The Transition Process In Eastern Europe

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Author : Laszlo Somogyi
language : en
Publisher: Edward Elgar Publishing
Release Date : 1993-01-01

The Political Economy Of The Transition Process In Eastern Europe written by Laszlo Somogyi and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-01-01 with Business & Economics categories.

'This well-produced book is a worthy contribution to the burgeoning literature on the transition. The editor provides a useful introduction.' - Ian Jeffries, The Economic Journal '. . . provides a useful and readable introduction to many of the most important issues in the "transition process".' - Hugo Radice, Economics of Transition Why has industrial output fallen in Eastern Europe and is further decline inevitable? What lessons can be learned from the stablilization programmes of the first two years of the post-communist era? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, The Political Economy of the Transition Process in Eastern Europe analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.

Fiscal Decentralization And Intergovernmental Relations In Transition Economies

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Author : Richard Miller Bird
language : en
Publisher: World Bank Publications
Release Date : 1993

Fiscal Decentralization And Intergovernmental Relations In Transition Economies written by Richard Miller Bird and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Decentralization in government categories.

Designing a well-functioning intergovernmenal fiscal system is essential to the success of all the transitional economies' major reform goals: privatization, macroeconomic stability, more efficient performance and economic growth, and an adequate social safety net.

Energy Environment And Transitional Green Growth In China

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Author : Ruizhi Pang
language : en
Publisher: Springer
Release Date : 2018-04-27

Energy Environment And Transitional Green Growth In China written by Ruizhi Pang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-27 with Business & Economics categories.

This book discusses energy use and its environmental footprint in China, as well as issues concerning the transitional green growth of its economy, a subject of great importance in light of China’s size and its impressive record of economic growth. The book includes expert overviews and empirical studies prepared by internationally recognized experts in the field. The empirical techniques utilized by the contributors include econometrics, mathematical programming, and index numbers. The book will provide readers a deeper understanding of the energy and environmental issues China now faces during its transitional growth period, and of the strategies available for resolving these issues. The 2016 Asia-Pacific Productivity Conference, held in Nankai University, Tianjin China from July 7-10, was organized by Nankai University’s College of Economic and Social Development (CESD) in collaboration with the School of Economics Nankai University and Collaborative Innovation Center for China Economy. The primary objective of the event was to highlight the latest developments in efficiency and productivity research.

Transition And Economics

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Author : Gérard Roland
language : en
Publisher: MIT Press
Release Date : 2000

Transition And Economics written by Gérard Roland and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.

The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.

Debt As A Control Device In Transitional Economies

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Author : W. Cheryl Gray
language : en
Publisher:
Release Date : 1999

Debt As A Control Device In Transitional Economies written by W. Cheryl Gray and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Electronic books categories.

June 1995 The motivation for most of the reforms debated in transition economies is to impose market-based constraints on enterprise managers, whether through competition or through direct corporate governance. Baer and Gray explore debt's role as a control device in such economies, focusing on Hungary and Poland. The basic economic challenge in the transition from socialism to capitalism is creating incentive structures and institutions that promote enterprise change and restructuring. This is the motivation for most of the reforms debated during the transition--whether privatization, demonopolization, trade reform, or financial sector reform. Most research on corporate governance and privatization has focused on the role of owners--whether on the problems inherent in the separation of ownership and management (most Western literature) or on the need for true owners who represents the interests of capital (most literature on transition economies). But debt is also an important control device, as Western literature on corporate finance increasingly recognizes. Baer and Gray explore debt's role as a control device in transition economies, focusing especially on Hungary and Poland, which are relatively far along in the reform process. They ask, first, in what ways creditors exert control over firms in advanced market economies and how such control interacts with that exerted by equity holders. They then ask whether creditors in Central and Eastern European countries play similar roles and, if not, what roles they should play, and what can be done to give them the capacity and incentives to play those roles. They focus on three fundamental requirements for debt to function as a control device: information, proper incentives for creditors (including banks, suppliers, and government), and an efficient legal framework for debt collection (including collateral, workout, and bankruptcy regimes). While both countries are making progress in all three areas, there is still much to be done. Hungary and Poland illustrate only two of many approaches. Other transitional economies, such as the Czech Republic, Estonia, and Russia, are following different approaches that should be explored in future analysis. This paper--a joint product of the Finance and Private Sector Development Department and the Transition Economics Division, Policy Research Department--is part of a larger effort in the Bank to explore issues of corporate governance in transition economies.