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  • English  (817)
  • 1995-1999  (817)
  • Dordrecht : Springer  (416)
  • Washington, D.C : The World Bank  (308)
  • Oxford : Oxford University Press
Datasource
Material
Language
Years
Year
Author, Corporation
Publisher
Keywords
Subjects(RVK)
  • 1
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Online-Ausg. Dialectical anthropology
    Keywords: Anthropologie ; Zeitschrift ; Anthropologie
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    HBZ
  • 2
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Online-Ausg. Dialectical anthropology
    Keywords: Anthropologie ; Zeitschrift ; Anthropologie
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    HU Berlin
    München BSB
    Regensburg UB
  • 3
    Journal/Serial
    Journal/Serial
    The American historical review (from 1895-)
    New York, NY [u.a.] : Macmillan | Washington DC [u.a.] : Assoc. | Chicago, Ill. : Univ. of Chicago Press | Oxford : Oxford University Press ; 1.1895/96 -
    Show associated volumes/articles
    Details
    ISSN: 0002-8762 , 1937-5239 , 1937-5239
    Language: English
    Dates of Publication: 1.1895/96 -
    Additional Information: Beil. American Historical Association Recently published articles
    Additional Information: Index 1895/1945=1944,1 von American Historical Association Annual report of the American Historical Association
    Parallel Title: Online-Ausg. The American historical review
    RVK:
    NA 1000
    Keywords: Geschichte ; Weltgeschichte ; Zeitschrift ; USA ; Zeitschrift
    Note: Repr.: Nendeln : Kraus
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    HeBIS
  • 4
    Journal/Serial
    Journal/Serial
    Hull monographs on South-East Asia (from 1968-)
    Oxford : Oxford University Press | Zug : Inter Documentation Co. | London : Oxford University Press ; 1.1968 -
    Details
    Language: English
    Dates of Publication: 1.1968 -
    DDC: 910
    Keywords: Monografische Reihe
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    Weltkulturen Museum
    BSZ
    GBV
  • 5
    Journal/Serial
    Journal/Serial
    Monographiae biologicae : MOBI (from 1957-)
    Dordrecht : Springer | Den Haag : Junk ; 5.1957 -
    Details
    ISSN: 0077-0639
    Language: English
    Dates of Publication: 5.1957 -
    Additional Information: 18=1; 19=2 von Biogeography and ecology in South America The Hague, 1968
    Parallel Title: Online-Ausg. Monographiae biologicae
    Former Title: Vorg. Physiologia comparata et oecologia
    DDC: 570
    Keywords: Monografische Reihe ; Physiologie ; Medizin
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    MARKK
  • 6
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Show associated volumes/articles
    Details
    ISSN: 0304-4092
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Online-Ausg Dialectical anthropology
    DDC: 100
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    OLC Ethnologie
  • 7
    Media Combination
    Media Combination
    Fast forward advanced (1991-)
    Oxford : Oxford University Press
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    Details
    Language: English
    Pages: Medienkombination
    Series Statement: Oxford intensive English courses
    DDC: 428.24
    Keywords: English language
    Library Location Call Number Volume/Issue/Year Availability
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    Media Combination
  • 8
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer | Dordrecht : Springer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , 1573-0786 , 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Online-Ausg. Dialectical anthropology
    Keywords: Anthropologie ; Zeitschrift
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    HeBIS
  • 9
    Journal/Serial
    Journal/Serial
    Indo-Iranian journal (from 1957-)
    Leiden : Brill | 's-Gravenhage : Mouton | Dordrecht [u.a.] : Reidel | Dordrecht : Kluwer | Dordrecht : Springer ; 1.1957 -
    Details
    ISSN: 0019-7246 , 1572-8536
    Language: English
    Dates of Publication: 1.1957 -
    Parallel Title: Online-Ausg. Indo-Iranian journal
    RVK:
    EQ 1000
    Keywords: Indoiranisch ; Zeitschrift ; Zeitschrift ; Indoiranisch ; Zeitschrift
    Note: Index 1/20.1957/78=26.1983,1/3
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    HU Berlin
    München BSB
    München UB
    Würzburg UB
    Regensburg UB
    MFK München
  • 10
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , ISSN 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Online-Ausg. Dialectical anthropology
    Keywords: Anthropologie ; Zeitschrift ; Anthropologie
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    BVB
  • 11
    Journal/Serial
    Journal/Serial
    Theory and society : renewal and critique in social theory (from 1974-)
    Amsterdam [u.a.] : Elsevier | Dordrecht : Kluwer | Dordrecht : Springer ; 1.1974 -
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    Details
    ISSN: 0304-2421 , 1573-7853 , 1573-7853
    Language: English
    Dates of Publication: 1.1974 -
    Parallel Title: Online-Ausg. Theory and society
    RVK:
    MN 1000
    Keywords: Zeitschrift
    Note: Index 1/10.1974/81 in: 10.1981,6; 11/19.1982/90 in: 19.1990,6
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    HeBIS
  • 12
    Book
    Book
    The organization in its environment (1987-)
    Oxford : Oxford University Press
    Details
    Language: English
    Series Statement: Oxford books for BTEC national awards
    DDC: 302.35024658
    Keywords: Organization
    Library Location Call Number Volume/Issue/Year Availability
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    Book
    GBV
  • 13
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Online-Ausg. Dialectical anthropology
    DDC: 100
    Keywords: Anthropologie ; Zeitschrift ; Anthropologie
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    HeBIS
    HBZ
  • 14
    Journal/Serial
    Journal/Serial
    Analecta Husserliana : the yearbook of phenomenological research (from 1971-)
    Dordrecht : Springer | Dordrecht [u.a.] : Reidel | Dordrecht [u.a.] : Kluwer ; 1.1971 -
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    Details
    ISSN: 0167-7276
    Language: English
    Dates of Publication: 1.1971 -
    Additional Information: 3=2; 5=3 von International Husserl and Phenomenological Research Society Papers and debate of the ... international conference held by the International Husserl and Phenomenological Research Society Dordrecht [u.a.] : Reidel, 1974
    Additional Information: 7=5 von International Phenomenology Conference (ZDB) Selected papers from the ... International Phenomenology Conference Dordrecht [u.a.] : Reidel, 1975
    Additional Information: 6=4; 9=6 von International Phenomenology Conference (ZDB) Papers read at the International Phenomenology Conference Dordrecht [u.a.] : Reidel, 1977
    Additional Information: 2=[1] von International Phenomenological Conference (ZDB) Papers and debate of the International Phenomenological Conference Dordrecht : Reidel Publishing, 1972
    Parallel Title: Erscheint auch als Analecta Husserliana
    Former Title: Vorg. Jahrbuch für Philosophie und phänomenologische Forschung
    DDC: 100
    RVK:
    CA 1000
    Keywords: Monografische Reihe ; Husserl, Edmund 1859-1938 ; Phänomenologie
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    DNB
    MPI-MMG
  • 15
    Journal/Serial
    Journal/Serial
    Philosophical studies in contemporary culture : PSCC (from 1992-)
    Cham : Springer | Dordrecht : Kluwer Acad. Publ. | Dordrecht : Springer ; 1.1992 -
    Details
    Language: English
    Pages: 25 cm
    Dates of Publication: 1.1992 -
    DDC: 800
    Keywords: Monografische Reihe
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    DNB
    MPI-MMG
  • 16
    Journal/Serial
    Journal/Serial
    Environment & policy : ENPO (from 1994-)
    Dordrecht : Springer | Dordrecht [u.a.] : Kluwer Acad. Publ. ; 1.1994 -
    Details
    ISSN: 1383-5130 , 2215-0110 , 2215-0110
    Language: English
    Dates of Publication: 1.1994 -
    Parallel Title: Erscheint auch als Environment & policy
    DDC: 330
    Keywords: Monografische Reihe
    Note: Urh. anfangs: Dutch Committee for Long-Term Environmental Policy
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    MPI Ethno. Forsch.
  • 17
    Journal/Serial
    Journal/Serial
    Archimedes : new studies in the history of science and technology (from 1996-)
    Dordrecht : Springer | Dordrecht [u.a.] : Kluwer ; 1.1996 -
    Details
    ISSN: 1385-0180 , 2215-0064 , 2215-0064
    Language: English
    Pages: 24 cm
    Dates of Publication: 1.1996 -
    Parallel Title: Erscheint auch als Archimedes
    Former Title: new studies in the history and philosophy of science and technology
    DDC: 610
    Keywords: Monografische Reihe ; Technik ; Geschichte ; Naturwissenschaften ; Geschichte
    Note: Ersch. unregelmäßig
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    DNB
    MPI Ethno. Forsch.
  • 18
    Journal/Serial
    Journal/Serial
    The shape of the world : explorations in human geography (from 1995-)
    Oxford : Oxford University Press | Milton Keynes : open University ; 1.1995 -
    Details
    Language: English
    Dates of Publication: 1.1995 -
    DDC: 910
    RVK:
    RB 10558
    RVK:
    QT 200
    Keywords: Monografische Reihe
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    MPI-MMG
    MPI Ethno. Forsch.
  • 19
    Journal/Serial
    Journal/Serial
    Geojournal : international journal for physical, biological and human geosciences and their application in environmental planning and ecology; Library : GJL (from 1984-)
    Dordrecht : Springer | Dordrecht [u.a.] : Reidel | Dordrecht [u.a.] : Kluwer ; 1.1984 -
    Details
    ISSN: 0924-5499
    Language: English
    Dates of Publication: 1.1984 -
    Parallel Title: Erscheint auch als The GeoJournal library
    DDC: 550
    Keywords: Monografische Reihe
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    DNB
    MPI Ethno. Forsch.
  • 20
    Online Resource
    Online Resource
    Journal of American history (1964-)
    Oxford : Oxford University Press | Bloomington, Ind. : OAH ; 51.1964/65 -
    Details
    ISSN: 1945-2314 , 0021-8723
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 51.1964/65 -
    Parallel Title: Druckausg. The journal of American history
    Former Title: Vorg.: Mississippi Valley historical review
    DDC: 910
    Keywords: Geschichte ; Geschichte ; Zeitschrift ; Online-Ressource ; USA ; USA ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; USA ; Geschichte ; Zeitschrift ; Online-Ressource ; USA ; Geschichte ; Zeitschrift
    Note: Gesehen am 19.02.2021
    URL: http://www.bibliothek.uni-regensburg.de/ezeit/?2002867
    URL: http://www.journalofamericanhistory.org/issues/
    URL: https://academic.oup.com/jah/issue
    URL: https://www.jstor.org/journal/jamericanhistory
    URL: https://ezb.ur.de/?2002867-2
    URL: http://www.journalofamericanhistory.org/issues/
    URL: https://academic.oup.com/jah/issue
    URL: https://www.jstor.org/journal/jamericanhistory
    URL: https://ezb.ur.de/?2002867-2
    URL: http://www.journalofamericanhistory.org/issues/
    URL: https://academic.oup.com/jah/issue
    URL: https://www.jstor.org/journal/jamericanhistory
    URL: https://ezb.ur.de/?2002867-2
    URL: http://www.journalofamericanhistory.org/issues/
    URL: https://academic.oup.com/jah/issue
    URL: https://www.jstor.org/journal/jamericanhistory
    Library Location Call Number Volume/Issue/Year Availability
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    Online Resource
    BSZ
    GBV
    KOBV
    HeBIS
    HBZ
  • 21
    Online Resource
    Online Resource
    Journal of social history (1967-)
    Oxford : Oxford University Press | Pittsburgh, Pa. : Carnegie Mellon Univ. Press ; 1.1967/68 -
    Details
    ISSN: 1527-1897 , 0022-4529 , 0022-4529
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 1.1967/68 -
    Parallel Title: Druckausg. 1.1967/68 - 39.2005/06 Journal of social history
    Parallel Title: Druckausg. ab 40.2006/07 Journal of social history, societies & cultures
    DDC: 390
    Keywords: Sozialgeschichte ; Zeitschrift ; Online-Ressource ; Sozialgeschichte ; Zeitschrift ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Zeitschrift ; Online-Ressource ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Sozialgeschichte ; Zeitschrift ; Online-Ressource ; Sozialgeschichte ; Zeitschrift ; Online-Publikation
    Note: Gesehen am 19.03.15
    URL: https://academic.oup.com/jsh/issue
    URL: https://muse.jhu.edu/journal/103
    URL: Deutschlandweit zugänglich
    URL: https://www.jstor.org/journal/jsocialhistoryy
    URL: http://www.bibliothek.uni-regensburg.de/ezeit/?2007084
    URL: Volltext
    URL: Volltext
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext
    URL: Volltext
    URL: https://academic.oup.com/jsh/issue
    URL: https://muse.jhu.edu/journal/103
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    URL: https://www.jstor.org/journal/jsocialhistoryy
    URL: https://ezb.ur.de/?2007084-6
    URL: https://academic.oup.com/jsh/issue
    URL: https://muse.jhu.edu/journal/103
    URL: Deutschlandweit zugänglich
    URL: https://www.jstor.org/journal/jsocialhistoryy
    URL: https://ezb.ur.de/?2007084-6
    URL: https://muse.jhu.edu/journal/103
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    URL: http://search.ebscohost.com/direct.asp?db=30h&jid=%22JSH%22&scope=site
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    URL: https://www.jstor.org/journal/jsocialhistory
    URL: https://www.jstor.org/journal/jsocialhistoryy
    URL: https://www.jstor.org/journal/jsocialhistory
    URL: https://academic.oup.com/jsh/issue
    URL: https://muse.jhu.edu/journal/103
    URL: Deutschlandweit zugänglich
    URL: https://www.jstor.org/journal/jsocialhistoryy
    URL: https://ezb.ur.de/?2007084-6
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    URL: https://muse.jhu.edu/journal/103
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    URL: https://www.jstor.org/journal/jsocialhistoryy
    URL: https://ezb.ur.de/?2007084-6
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    BSZ
    GBV
    KOBV
    HeBIS
    HBZ
  • 22
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Show associated volumes/articles
    Details
    ISSN: 0304-4092 , 1573-0786 , 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Erscheint auch als Dialectical anthropology
    DDC: 100
    Keywords: Zeitschrift ; Anthropologie ; Anthropologie
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    MPI Ethno. Forsch.
    GRASSI Mus. Leipzig
  • 23
    Online Resource
    Online Resource
    German history : the journal of the German History Society (1984-)
    London : Arnold | [Erscheinungsort nicht ermittelbar] : Sage | Oxford : Oxford University Press ; 1.1984 -
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    Details
    ISSN: 1477-089X , 0266-3554 , 0266-3554
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 1.1984 -
    Parallel Title: Erscheint auch als German history
    Keywords: Geschichte ; Geschichte ; Zeitschrift ; Online-Ressource ; Deutschland ; Zeitschrift ; Zeitschrift ; Online-Publikation
    Note: Gesehen am 01. Februar 2017
    URL: http://search.ebscohost.com/direct.asp?db=30h&jid=%2231M%22&scope=site
    URL: https://academic.oup.com/gh/issue
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    URL: https://academic.oup.com/gh/issue
    URL: https://ezb.ur.de/?1484879-X
    URL: https://academic.oup.com/gh/issue
    URL: Deutschlandweit zugänglich
    URL: Deutschlandweit zugänglich
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    Online Resource
    HeBIS
  • 24
    Journal/Serial
    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , 1573-0786 , 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Erscheint auch als Dialectical anthropology
    DDC: 100
    Keywords: Zeitschrift ; Anthropologie ; Anthropologie
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    BSZ
    GBV
  • 25
    Journal/Serial
    Journal/Serial
    The American historical review (from 1895-)
    Oxford : Oxford University Press | New York, NY [u.a.] : Macmillan | Washington DC [u.a.] : Assoc. | Chicago, Ill. : Univ. of Chicago Press ; 1.1895/96 -
    Show associated volumes/articles
    Details
    ISSN: 0002-8762 , 1937-5239 , 1937-5239
    Language: English
    Dates of Publication: 1.1895/96 -
    Additional Information: Beil. American Historical Association Recently published articles
    Additional Information: Index 1895/1945=1944,1 von American Historical Association Annual report of the American Historical Association Washington, DC : Smithsonian Inst. Press, 1889 0065-8561
    Parallel Title: Erscheint auch als The American historical review
    DDC: 050
    RVK:
    NA 1000
    Keywords: History Periodicals ; United States Periodicals History ; Zeitschrift ; Weltgeschichte ; Zeitschrift ; USA ; Geschichte ; Amerika ; Geschichte
    Note: Repr.: Nendeln : Kraus
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    BSZ
    GBV
  • 26
    Journal/Serial
    Journal/Serial
    Theory and decision library : TDL; Series A: Rational choice in practical philososphy and philosophy of science (from 1987-)
    Dordrecht : Springer | Dordrecht : Reidel | Dordrecht : Kluwer ; 1.1987 -
    Details
    ISSN: 0921-3384 , 2352-2119 , 2352-2119
    Language: English
    Dates of Publication: 1.1987 -
    Parallel Title: Erscheint auch als Theory and decision library / A
    Former Title: Philosophy and methodology of the social sciences
    DDC: 300
    Keywords: Monografische Reihe
    Note: Ersch. unregelmäßig
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    Journal/Serial
    DNB
    MPI-MMG
  • 27
    Journal/Serial
    Journal/Serial
    Social indicators research series (from 1997-)
    Cham, Switzerland : Springer | Dordrecht [u.a.] : Kluwer Acad. Publ. | Dordrecht : Springer ; 1.1997 -
    Details
    ISSN: 1387-6570 , 2215-0099 , 1387-6570
    Language: English
    Dates of Publication: 1.1997 -
    Parallel Title: Online-Ausg. Social indicators research series
    DDC: 300
    Keywords: Monografische Reihe
    Note: Ersch. unregelmäßig
    Library Location Call Number Volume/Issue/Year Availability
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    Journal/Serial
    MPI-MMG
    MPI Ethno. Forsch.
  • 28
    Journal/Serial
    Journal/Serial
    Issues in business ethics : IBET (from 1990-)
    Dordrecht : Springer | Dordrecht [u.a.] : Kluwer ; 1.1990 -
    Details
    ISSN: 0925-6733
    Language: English
    Dates of Publication: 1.1990 -
    Parallel Title: Erscheint auch als Issues in business ethics
    DDC: 300
    Keywords: Monografische Reihe
    Note: Ersch. unregelmäßig
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    Journal/Serial
    DNB
    MPI-MMG
  • 29
    Online Resource
    Online Resource
    The English historical review (1886-)
    London : Longmans, Green and Co. | Oxford : Oxford University Press ; 1.1886 -
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    Details
    ISSN: 1477-4534 , 0013-8266 , 0013-8266
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 1.1886 -
    Parallel Title: Erscheint auch als The English historical review
    Former Title: The english historical review online
    Keywords: Geschichte ; Großbritannien ; Zeitschrift ; Zeitschrift ; Online-Publikation
    Note: Gesehen am 01.04.13
    URL: http://search.ebscohost.com/direct.asp?db=30h&jid=%22EHR%22&scope=site
    URL: https://academic.oup.com/ehr/issue/
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    URL: https://www.jstor.org/journal/englhistrevi
    URL: https://www.jstor.org/journal/englhistrevi
    URL: https://www.jstor.org/journal/englhistrevi
    URL: https://ezb.ur.de/?2059456-2
    URL: https://academic.oup.com/ehr/issue
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    URL: https://www.jstor.org/journal/englhistrevi
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  • 30
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    Philosophical studies series (from 1974-)
    Dordrecht : Springer | Dordrecht [u.a.] : Reidel | Dordrecht [u.a.] : Kluwer ; 1.1974 -
    Details
    ISSN: 0921-8599 , 0169-7323
    Language: English
    Dates of Publication: 1.1974 -
    Additional Information: 11=1 von Jerusalem Philosophical Encounter (ZDB) Papers presented at the ... Jerusalem Philosophical Encounter Dordrecht [u.a.] : Kluwer Acad. Publ., 1978 0333-5135
    Parallel Title: Erscheint auch als Philosophical studies series
    Former Title: Philosophical studies series in philosophy
    Former Title: an international journal for philosophy in the analytic tradition
    DDC: 100
    Keywords: Monografische Reihe
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    DNB
    MPI Ethno. Forsch.
  • 31
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    Monographiae biologicae : MOBI (from 1957-)
    Dordrecht : Springer | Den Haag : Junk ; 5.1957 -
    Details
    ISSN: 0077-0639
    Language: English
    Dates of Publication: 5.1957 -
    Additional Information: 18=1; 19=2 von Biogeography and ecology in South America The Hague, 1968
    Parallel Title: Erscheint auch als Monographiae biologicae
    Former Title: Vorg. Physiologia comparata et oecologia
    DDC: 570
    Keywords: Monografische Reihe ; Physiologie ; Medizin
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    DNB
    Ethn. Museum Berlin
    GRASSI Mus. Leipzig
  • 32
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    Journal/Serial
    Monographiae biologicae : MOBI (from 1957-)
    Dordrecht : Springer | Den Haag : Junk ; 5.1957 -
    Details
    ISSN: 0077-0639
    Language: English
    Dates of Publication: 5.1957 -
    Additional Information: 18=1; 19=2 von Biogeography and ecology in South America The Hague, 1968
    Parallel Title: Erscheint auch als Monographiae biologicae
    Former Title: Vorg. Physiologia comparata et oecologia
    DDC: 570
    Keywords: Monografische Reihe ; Physiologie ; Medizin
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    DNB
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    Ethn. Museum Berlin
    GRASSI Mus. Leipzig
  • 33
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    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , ISSN 1573-0786 , ISSN 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Erscheint auch als Dialectical anthropology
    DDC: 100
    Keywords: Zeitschrift ; Anthropologie ; Anthropologie
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    KOBV
  • 34
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    Journal/Serial
    Dialectical anthropology (from 1975-)
    Dordrecht : Springer | Amsterdam : Elsevier | Dordrecht : Nijhoff | Dordrecht : Kluwer ; 1.1975/76(1975) -
    Details
    ISSN: 0304-4092 , 1573-0786 , 1573-0786
    Language: English
    Dates of Publication: 1.1975/76(1975) -
    Parallel Title: Erscheint auch als Dialectical anthropology
    DDC: 100
    Keywords: Zeitschrift ; Anthropologie ; Anthropologie
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  • 35
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    Journal/Serial
    Theory and society : renewal and critique in social theory (from 1974-)
    Dordrecht : Springer | Amsterdam [u.a.] : Elsevier | Dordrecht : Kluwer ; 1.1974 -
    Show associated volumes/articles
    Details
    ISSN: 0304-2421 , 1573-7853 , 1573-7853
    Language: English
    Dates of Publication: 1.1974 -
    Parallel Title: Erscheint auch als Theory and society
    DDC: 300
    RVK:
    MN 1000
    Keywords: Sozialwissenschaft ; Wirtschaftswissenschaft ; Theorie ; Soziologische Theorie ; Logik der Sozialwissenschaft ; Zeitschrift
    Note: Index 1/10.1974/81 in: 10.1981,6; 11/19.1982/90 in: 19.1990,6
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  • 36
    Journal/Serial
    Journal/Serial
    Law and philosophy library (from 1985-)
    Cham, Switzerland : Springer | Dordrecht [u.a.] : Reidel | Dordrecht [u.a.] : Kluwer Acad. Publ. | Dordrecht : Springer ; 1.1985 -
    Details
    ISSN: 1572-4395
    Language: English
    Dates of Publication: 1.1985 -
    Parallel Title: Erscheint auch als Law and philosophy library
    Former Title: L & PL
    Former Title: LAPS
    DDC: 340
    Keywords: Monografische Reihe
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    MPI-MMG
    MPI Ethno. Forsch.
  • 37
    Online Resource
    Online Resource
    Social politics : international studies in gender, state, and society (1994-)
    Oxford : Oxford University Press ; 1.1994 -
    Show associated volumes/articles
    Details
    ISSN: 1468-2893 , 1072-4745 , 1072-4745
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 1.1994 -
    Parallel Title: Erscheint auch als Social politics
    Keywords: Sozialpolitik ; Zeitschrift ; Zeitschrift ; Online-Publikation
    URL: https://muse.jhu.edu/journal/234
    URL: https://academic.oup.com/sp/issue
    URL: https://academic.oup.com/sp/issue
    URL: https://academic.oup.com/sp/issue
    URL: https://academic.oup.com/sp/issue
    URL: Deutschlandweit zugänglich
    URL: https://muse.jhu.edu/journal/234
    URL: https://ezb.ur.de/?2085321-X
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  • 38
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    Journal/Serial
    International affairs (from 1931-)
    Oxford : Oxford University Press | Oxford : Oxford Univ. Press | Guildford : Butterworth | Cambridge : Cambridge Univ. Press | Oxford : Blackwell | Oxford : Wiley-Blackwell ; 10.1931 -
    Details
    ISSN: 0020-5850 , 1468-2346 , 1468-2346
    Language: English
    Pages: 25 cm
    Dates of Publication: 10.1931 -
    Parallel Title: Erscheint auch als International affairs
    Former Title: Vorg. Royal Institute of International Affairs Journal of the Royal Institute of International Affairs
    Former Title: International affairs review supplement
    DDC: 320
    RVK:
    PR 1000
    RVK:
    MA 1000
    Keywords: Internationale Beziehungen ; Welt ; Zeitschrift ; Internationale Politik
    Note: Repr.: Folkestone : Dawson , Beteil. Körp. 10.1931 - 80.2004,4: Royal Institute of International Affairs, London , Ersch. zweimonatl., bis 78.2002 vierteljährl.; 79.2003 - 81.2005 5x jährl.
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    HU Berlin
    MPI-MMG
  • 39
    Online Resource
    Online Resource
    Journal of refugee studies (1988-)
    Oxford : Oxford University Press ; 1.1988 -
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    Details
    ISSN: 1471-6925 , 0951-6328 , 0951-6328
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 1.1988 -
    Parallel Title: Erscheint auch als Journal of refugee studies
    DDC: 300
    Keywords: Zeitschrift ; Flüchtling
    Note: Gesehen am 31.01.05
    URL: https://ezb.ur.de/?2050042-7
    URL: https://academic.oup.com/jrs/issue
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    URL: http://heinonline.org
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  • 40
    Online Resource
    Online Resource
    Islamic law and society (1994-)
    Leiden [u.a.] : Brill | Dordrecht : Springer | Buffalo, NY : HeinOnline ; 1.1994 -
    Details
    ISSN: 1568-5195 , 0928-9380 , 0928-9380
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 1.1994 -
    Parallel Title: Erscheint auch als Islamic law and society
    DDC: 340
    Keywords: Zeitschrift
    Note: Gesehen am 05.12.2018
    URL: https://ezb.ur.de/?2036948-7
    URL: https://brill.com/ils
    URL: Deutschlandweit zugänglich
    URL: http://heinonline.org
    URL: https://www.jstor.org/journal/islalawsoci
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    MPI Ethno. Forsch.
  • 41
    Journal/Serial
    Journal/Serial
    Adelphi paper (from 1961-2009)
    Basingstoke : Taylor & Francis | London : Inst. | London : Routledge | Oxford : Oxford University Press ; Nr. 1.1961 - 402.2009
    Details
    ISSN: 0567-932X , 1478-5145 , 1478-5145
    Language: English
    Dates of Publication: Nr. 1.1961 - 402.2009
    Additional Information: 284-285=35 von International Institute for Strategic Studies Annual conference of the International Institute for Strategic Studies London [u.a.] : IISS, 1973
    Additional Information: 102u.103=15; 115=16; 122-123=17; 151u.152=20; 160-161=21; 166-167=22; 173-174=23; 182-184=24; 189-191=25; 197-199=26; 205-207=27; 216-218=28; 229-231=29; 235-237=30; 247-248=31 von International Institute for Strategic Studies Annual conference of the International Institute for Strategic Studies London [u.a.] : IISS, 1973
    Additional Information: 64=3 von Survey of strategic studies London, 1970
    Parallel Title: Erscheint auch als The Adelphi papers
    Former Title: Adelphi papers
    Subsequent Title: Forts. Adelphi
    DDC: 320
    Keywords: Monografische Reihe ; Militärpolitik ; Sicherheitspolitik
    Note: Einzelne Bände zugleich Bände von: International Institute for Strategic Studies: Annual conference of the International Institute for Strategic Studies , Urh. anfangs: Institute for Strategic Studies
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    GBV
    MPI Ethno. Forsch.
    GRASSI Mus. Leipzig
  • 42
    Journal/Serial
    Journal/Serial
    Adelphi paper (from 1961-2009)
    Basingstoke : Taylor & Francis | London : Inst. | London : Routledge | Oxford : Oxford University Press ; Nr. 1.1961 - 402.2009
    Details
    ISSN: 0567-932X , 1478-5145 , 1478-5145
    Language: English
    Dates of Publication: Nr. 1.1961 - 402.2009
    Additional Information: 284-285=35 von International Institute for Strategic Studies Annual conference of the International Institute for Strategic Studies London [u.a.] : IISS, 1973
    Additional Information: 102u.103=15; 115=16; 122-123=17; 151u.152=20; 160-161=21; 166-167=22; 173-174=23; 182-184=24; 189-191=25; 197-199=26; 205-207=27; 216-218=28; 229-231=29; 235-237=30; 247-248=31 von International Institute for Strategic Studies Annual conference of the International Institute for Strategic Studies London [u.a.] : IISS, 1973
    Additional Information: 64=3 von Survey of strategic studies London, 1970
    Parallel Title: Erscheint auch als The Adelphi papers
    Former Title: Adelphi papers
    Subsequent Title: Forts. Adelphi
    DDC: 320
    Keywords: Monografische Reihe ; Militärpolitik ; Sicherheitspolitik
    Note: Einzelne Bände zugleich Bände von: International Institute for Strategic Studies: Annual conference of the International Institute for Strategic Studies , Urh. anfangs: Institute for Strategic Studies
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    MPI Ethno. Forsch.
    GRASSI Mus. Leipzig
  • 43
    Online Resource
    Online Resource
    Chivalry and violence in medieval Europe (1999)
    Oxford : Oxford University Press
    Details
    ISBN: 019154275X , 9780191542756
    Language: English
    Pages: 1 Online-Ressource (351 pages)
    Parallel Title: Erscheint auch als Kaeuper, Richard W Chivalry and violence in medieval Europe
    DDC: 940.1/0088355
    Keywords: Violence History ; Violence History To 1500 ; Social history Medieval, 500-1500 ; Chansons de geste History and criticism ; Chivalry in literature ; Civilization, Medieval ; Knights and knighthood ; Chivalry History ; Chansons de geste ; Social history ; Medieval ; Violence ; HISTORY ; Europe ; Western ; Criticism, interpretation, etc ; History ; Chivalry ; Chivalry in literature ; Civilization, Medieval ; Knights and knighthood ; Europe
    Abstract: Kaeuper reveals that chivalry was part of the problem of violence in the rapidly developing medieval European society, not simply part of the solution
    Abstract: The problem of public order and the knights -- Evidence of chivalry and its interpretation -- Knights and piety -- Clergie, chevalerie, and reform -- Chevalerie and royuaute -- English kingship, chivalry, and literature -- The privileged practice of violence -- Knighthood in action -- Social dominance of knights -- Knights, ladies, and love -- Chanson de geste and reform -- Quests and questioning in romance -- Chivalric self-criticism and reform -- Epilogue.
    Note: Includes bibliographical references (pages 311-330) and index
    URL: lizenzpflichtig
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  • 44
    Online Resource
    Online Resource
    Social and Cultural Anthropology : A Very Short Introduction (1999)
    Oxford : Oxford University Press | Ann Arbor, Michigan : ProQuest
    Details
    ISBN: 9780191540165
    Language: English
    Pages: 1 Online-Ressource (182 pages)
    DDC: 306
    RVK:
    MS 9350
    Keywords: Sozialanthropologie ; Kulturanthropologie ; Einführung
    Abstract: This introduction to social and cultural anthropology combines an account of some of the disciplines guiding principles and methodology with examples of anthropologists at work. The book ends with an assessment of anthropology's current position and a look forward to its future.
    Note: Description based on publisher supplied metadata and other sources
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  • 45
    Online Resource
    Online Resource
    Problems of Communitarian Politics : Unity and Conflict (1999)
    Oxford : Oxford University Press | Ann Arbor, Michigan : ProQuest
    Details
    ISBN: 9780191522529
    Language: English
    Pages: 1 Online-Ressource (292 pages)
    DDC: 307
    Note: Description based on publisher supplied metadata and other sources
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  • 46
    Book
    Book
    Fairy tales from England (1999)
    Oxford : Oxford University Press
    Details
    ISBN: 0192750143
    Language: English
    Pages: 188 S. , Ill.
    Series Statement: Oxford story collections
    DDC: 823.914
    RVK:
    DX 4310
    Keywords: Fairy tales ; Children's stories, English
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    BSZ
  • 47
    Online Resource
    Online Resource
    The bourgeois citizen in nineteenth-century France : gender, sociability, and the uses of emulation (1999)
    Oxford : Oxford University Press
    Details
    ISBN: 9780198207771 , 9780191677793 (Sekundärausgabe)
    Language: English
    Pages: viii, 268 p.
    Edition: Online-Ausg. Online-Ressource ISBN 9780191677793
    Edition: [Online-Ausg.]
    Series Statement: Oxford historical monographs
    DDC: 305.5094409034
    RVK:
    NW 7600
    Keywords: Geschichte 1800-1900 ; Bürgertum ; Frankreich
    Abstract: This volume analyses the process by which class society developed in post-revolutionary France. Focusing on bourgeois men and on their voluntary associations, it addresses the construction of class and gender identities.
    Note: Includes bibliographical references and index , Online-Ausg.:
    DOI: 10.1093/acprof:oso/9780198207771.001.0001
    URL: http://dx.doi.org/10.1093/acprof:oso/9780198207771.001.0001
    URL: Volltext
    URL: Volltext
    URL: Volltext
    URL: Volltext
    URL: Volltext
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    München BSB
    BSZ
    GBV
    KOBV
    HeBIS
    BVB
  • 48
    Online Resource
    Online Resource
    Investing in health : development effectiveness in the health, nutrition, and population sector (1999)
    Washington, D.C : The World Bank
    Details
    ISBN: 0821343106
    Language: English
    Pages: Online-Ressource (xix, 71 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: Operations evaluation study
    DDC: 362.1/09172/4
    Keywords: World Bank Evaluation ; World Bank Evaluation ; Nutrition policy Developing countries ; Evaluation ; Public health International cooperation ; Public health administration Evaluation ; Nutrition policy Developing countries ; Evaluation ; Public health International cooperation ; Public health administration Evaluation ; Developing countries Population policy ; Evaluation ; Developing countries Population policy ; Evaluation
    Note: Includes bibliographical references (p. 67-69)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 49
    Online Resource
    Online Resource
    Global Economic Prospects 2000 (1999)
    Washington, D.C : The World Bank
    Details
    ISBN: 0821345508 , 9780821345504
    Language: English
    Pages: Online-Ressource (1 online resource (192 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: Global Economic Prospects
    Abstract: Developing countries are now recovering from the worst ravages of the financial crisis of 1997-98. However, the recovery is both uneven and fragile, and many countries continue to struggle in the aftermath. In addition to a review of international economic developments, this report considers three areas where the crisis has had a major impact on growth and welfare in the developing world. First, the crisis has increased poverty in the East Asian crisis countries, Brazil, and the Russian Federation, and elsewhere. Chapter 2 reviews the evidence on the crisis' social impact on East Asia and other developing countries, and addresses the broader issue of the impact of external shocks on poverty in developing countries. Second, though the East Asian crisis countries are experiencing a strong cyclical recovery, severe structural problems remain. Chapter 3 outlines the depth of the problems faced by the corporate and financial sectors of these economies, analyzes the challenges facing the restructuring process, and discusses the appropriate role of government in supporting restructuring and reducing systemic risk. Third, exchange rate depreciations and declines in demand in East Asia exacerbated the fall in primary commodity prices that began in 1996. Chapter 4 examines how the most commodity-dependent economies in the world--the major oil exporting countries and the non-oil exporters of Sub-Saharan Africa--have adjusted to the commodity price cycle
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  • 50
    Online Resource
    Online Resource
    The Dynamics of Poverty : Why Some People Escape from Poverty and Others Don't?An African Case Study (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kanbur, Ravi The Dynamics of Poverty
    Keywords: Chronically Poor ; Communities & Human Settlements ; Debt Markets ; Economic Policies ; Economic Theory and Research ; Farm Size ; Finance and Financial Sector Development ; Financial Literacy ; Household Income ; Household Size ; Household Welfare ; Housing and Human Habitats ; Human Capital ; Incidence Of Poverty ; Income ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; New Poor ; Nonfarm Income ; Old Age ; Poor People ; Poverty ; Poverty Diagnostics ; Poverty Incidence ; Poverty Lines ; Poverty Monitoring and Analysis ; Poverty Reduction ; Rural ; Rural Areas ; Rural Development ; Rural Poverty Reduction ; Targeting ; Temporarily Poor ; Transfers ; Chronically Poor ; Communities & Human Settlements ; Debt Markets ; Economic Policies ; Economic Theory and Research ; Farm Size ; Finance and Financial Sector Development ; Financial Literacy ; Household Income ; Household Size ; Household Welfare ; Housing and Human Habitats ; Human Capital ; Incidence Of Poverty ; Income ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; New Poor ; Nonfarm Income ; Old Age ; Poor People ; Poverty ; Poverty Diagnostics ; Poverty Incidence ; Poverty Lines ; Poverty Monitoring and Analysis ; Poverty Reduction ; Rural ; Rural Areas ; Rural Development ; Rural Poverty Reduction ; Targeting ; Temporarily Poor ; Transfers
    Abstract: August 1995 - In urban areas of Côte d'Ivoire, human capital is the endowment that best explains welfare changes over time. In rural areas, physical capital - especially the amount of land and farm equipment owned - matters most. Empirical investigations of poverty in developing countries tend to focus on the incidence of poverty at a particular point in time. If the incidence of poverty increases, however, there is no information about how many new poor have joined the existing poor and how many people have escaped poverty. Yet this distinction is of crucial policy importance. The chronically poor may need programs to enhance their human and physical capital endowments. Invalids and the very old may need permanent (targeted) transfers. The temporarily poor, on the other hand, may best be helped with programs that complement their own resources and help them bridge a difficult period. Results from analyses of panel surveys show significant mobility into and out of poverty and reveal a dynamism of the poor that policy should stimulate. Understanding what separates chronic from temporary poverty requires knowing which characteristics differentiate those who escape poverty from those who don't. In earlier work, Grootaert, Kanbur, and Oh found that region of residence and socioeconomic status were important factors. In this paper they investigate the role of other household characteristics, especially such asset endowments as human and physical capital, in the case of Côte d'Ivoire. In urban areas of Côte d'Ivoire, human capital is the most important endowment explaining welfare changes over time. Households with well-educated members suffered less loss of welfare than other households. What seems to have mattered, though, is the skills learned through education, not the diplomas obtained. Diplomas may even have worked against some households in having oriented workers too much toward a formal labor market in a time when employment growth came almost entirely from small enterprises. In rural areas, physical capital - especially the amount of land and farm equipment owned - mattered most. Smallholders were more likely to suffer welfare declines. Households with diversified sources of income managed better, especially if they had an important source of nonfarm income. In both rural and urban areas, larger households suffered greater declines in welfare and households that got larger were unable to increase income enough to maintain their former welfare level. Households whose heads worked in the public sector maintained welfare better than other households, a finding that confirms earlier observations. The results also suggest that government policies toward certain regions or types of household can outweigh the effects of household endownments. Surprisingly, migrant non-Ivorian households tended to be better at preventing welfare losses than Ivorian households, while households headed by women did better than those headed by men (after controlling for differences in or changes in endowment). The implications for policymakers? First, education is associated with higher welfare levels and helps people cope better with economic decline. Second, targeting the social safety net to larger households - possibly through the schools, to reach children - is justified in periods of decline. Third, smallholders might be targeted in rural areas, and ways found to encourage diversification of income there. This paper - a joint product of the Social Policy and Resettlement Division, Environment Department, and the Africa Regional Office, Office of the Chief Economist - is the result of a research project on The Dynamics of Poverty: Why Some People Escape Poverty and Others Don't, A Panel Analysis for Côte d'Ivoire (RPO 678-70)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 51
    Online Resource
    Online Resource
    Africa's Growth Tragedy : A Retrospective, 1960 - 89 (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Levine, Ross Africa's Growth Tragedy
    Keywords: Black Market ; Business Cycle ; Country Regressions ; Currencies and Exchange Rates ; Economic Growth ; Economic Theory and Research ; Educational Attainment ; Exchange Rate ; Finance and Financial Sector Development ; Financial Development ; Financial Sector ; Financial Systems ; Growth ; Growth Performance ; Growth Rate ; Growth Rates ; Health, Nutrition and Population ; Inequality ; Long-Run Growth ; Macroeconomics and Economic Growth ; Nutrition ; Per Capita Income ; Policy Change ; Policy Research ; Political Instability ; Political Stability ; Poor Countries ; Poor Growth ; Poverty Reduction ; Pro-Poor Growth ; Black Market ; Business Cycle ; Country Regressions ; Currencies and Exchange Rates ; Economic Growth ; Economic Theory and Research ; Educational Attainment ; Exchange Rate ; Finance and Financial Sector Development ; Financial Development ; Financial Sector ; Financial Systems ; Growth ; Growth Performance ; Growth Rate ; Growth Rates ; Health, Nutrition and Population ; Inequality ; Long-Run Growth ; Macroeconomics and Economic Growth ; Nutrition ; Per Capita Income ; Policy Change ; Policy Research ; Political Instability ; Political Stability ; Poor Countries ; Poor Growth ; Poverty Reduction ; Pro-Poor Growth
    Abstract: August 1995 - Problems associated with Sub-Saharan Africa's slow growth are low school attainment, political instability, poorly developed financial systems, large black-market exchange-rate premia, large government deficits, and inadequate infrastructure. Improving policies alone boosts growth substantially. But if neighboring countries adopt a policy change together, the effects on growth are more than double what they would have been if one country had acted alone. Africa's economic history since 1960 fits the classical definition of tragedy: potential unfulfilled, with disastrous consequences. Easterly and Levine use one methodology - cross-country regressions - to account for Sub-Saharan Africa's growth performance over the past 30 years and to suggest policies to promote growth over the next 30 years. They statistically quantify the relationship between long-run growth and a wider array of factors than any previous study. They consider such standard variables as initial income to capture convergence effects, schooling, political stability, and indicators of monetary, fiscal, trade, exchange rate, and financial sector policies. They also consider such new measures as infrastructure development, cultural diversity, and economic spillovers from neighbors' growth. Their analysis: ° Improves substantially on past attempts to account for the growth experience of Sub-Saharan African countries. ° Shows that low school attainment, political instability, poorly developed financial systems, large black-market exchange-rate premia, large government deficits, and inadequate infrastructure are associated with slow growth. ° Finds that Africa's ethnic diversity tends to slow growth and reduce the likelihood of adopting good policies. ° Identifies spillovers of growth performance between neighboring countries. The spillover effects of growth have implications for policy strategy. Improving policies alone boosts growth substantially, but if neighboring countries act together, the effects on growth are much greater. Specifically, the results suggest that the effect of neighbors' adopting a policy change is 2.2 times greater than if a single country acted alone. This paper - a joint product of the Macroeconomics and Growth Division and the Finance and Private Sector Development Division, Policy Research Department - is part of a larger effort in the department to understand the link between policies and growth. The study was funded by the Bank's Research Support Budget under the research project Patterns of Growth (RPO 678-26)
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  • 52
    Online Resource
    Online Resource
    Averting the Old-Age Crisis : Technical Annex (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (156 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Palacios, J. Robert Averting the Old-Age Crisis
    Keywords: Administrative Costs ; Bank ; Debt Markets ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Information ; Investment ; Investment Returns ; Labor Force ; Pension ; Pension Fund ; Pension Fund Investment ; Pension Schemes ; Pension Spending ; Pensions and Retirement Systems ; Private Sector Development ; Public Pension ; Public Pension Schemes ; Rates Of Return ; Retirement ; Revenues ; Security ; Social Protections and Labor ; Wage ; Wage Growth ; Administrative Costs ; Bank ; Debt Markets ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Information ; Investment ; Investment Returns ; Labor Force ; Pension ; Pension Fund ; Pension Fund Investment ; Pension Schemes ; Pension Spending ; Pensions and Retirement Systems ; Private Sector Development ; Public Pension ; Public Pension Schemes ; Rates Of Return ; Retirement ; Revenues ; Security ; Social Protections and Labor ; Wage ; Wage Growth
    Abstract: February 1996 - Supporting documentation for the World Bank publication Averting the Old Age Crisis: Policies to Protect the Old and Promote Growth (1994). Averting the Old Age Crisis: Policies to Protect the Old and Promote Growth, the publication for which this technical annex provides supporting documentation, is the third in a series of major World Bank Policy Research Reports. Unlike its predecessors, The East Asian Miracle and Adjustment in Africa, it does not concentrate on a specific region but focuses rather on the general topic of income security for old age. More than two years of research were required to gather data, review the theoretical literature, examine empirical evidence, and write the book that represents the Bank's most important study of the issue to date. This annex explains in detail the data sources, concepts, and definitions used in the book and provides additional information. It describes the demographic data used in the report and discusses data about public and privately managed pension schemes around the world (giving specific sources for individual countries). An attempt has been made to cross-reference the data available on ]STARS] diskettes, which can be downloaded and analyzed in most database or statistical software packages. This paper - a product of the Poverty and Human Resources Division, Policy Research Department - provides supporting documentation for the World Bank publication Averting the Old-Age Crisis: Policies to Protect the Old and Promote Growth (1994), available from the World Bank bookstore
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    A Regime-Switching Approach to Studying Speculative Attacks : A Focus on European Monetary System Crises (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (57 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Peria, Maria A Regime-Switching Approach to Studying Speculative Attacks
    Keywords: Central Bank ; Crawling Peg ; Currencies ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Dependent Variable ; Devaluations ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; European Monetary System ; Exchange Rate ; Exchange Rate Mechanism ; Exchange Rates ; Federal Reserve ; Federal Reserve Bank ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Fixed Exchange Rate ; Fixed Exchange Rate Regimes ; Fixed Exchange Rate Systems ; Interest Rates ; Macroeconomics and Economic Growth ; Private Sector Development ; Speculative Attack ; Speculative Attacks ; Speculative Pressure ; Central Bank ; Crawling Peg ; Currencies ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Dependent Variable ; Devaluations ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; European Monetary System ; Exchange Rate ; Exchange Rate Mechanism ; Exchange Rates ; Federal Reserve ; Federal Reserve Bank ; Finance and Financial Sector Development ; Financial Literacy ; Financial Markets ; Fixed Exchange Rate ; Fixed Exchange Rate Regimes ; Fixed Exchange Rate Systems ; Interest Rates ; Macroeconomics and Economic Growth ; Private Sector Development ; Speculative Attack ; Speculative Attacks ; Speculative Pressure
    Abstract: June 1999 - A regime-switching framework is used to study speculative attacks against European Monetary System currencies during 1979-93. Peria uses a regime-switching framework to study speculative attacks against European Monetary System (EMS) currencies during 1979-93. She identifies speculative attacks by modeling exchange rates, reserves, and interest rates as time series subject to discrete regime shifts. She assumes two states: tranquil and speculative. She models the probabilities of switching between states as a function of fundamentals and expectations. She concludes that: ° The switching models with time-varying transition probabilities capture most of the conventional episodes of speculative attacks. ° Speculative attacks do not always coincide with currency realignments. ° Both economic fundamentals and expectations determine the likelihood of switching from a period of tranquility to a speculative attack. The budget deficit appears to be an especially important factor driving the probability of switching to a speculative regime. Given the importance of anticipating and, wherever possible, avoiding crises, it might be useful to conduct forecasting exercises to determine whether the switching framework proposed here can be used to forecast crises in countries outside the sample. Because currency crises tend to occur simultaneously in two or more countries, it also might be useful to adapt the regime-switching framework to explore the role of contagion in explaining crises. This paper-a product of Finance, Development Research Group-is part of a larger effort in the group to understand currency crises. The author may be contacted at mmartinezperiaworldbank.org
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    An Empirical Analysis of Competition, Privatization, and Regulation in Telecommunications Markets in Africa and Latin America (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (27 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wallsten, Scott An Empirical Analysis of Competition, Privatization, and Regulation in Telecommunications Markets in Africa and Latin America
    Keywords: Telekommunikation ; Telekommunikationspolitik ; Privatisierung ; Deregulierung ; Afrika ; Lateinamerika ; Banks and Banking Reform ; Business ; Business Services ; Data ; E-Business ; Economic Theory and Research ; Education ; Emerging Markets ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure Economics and Finance ; Infrastructure Regulation ; Institutions ; Knowledge Economy ; Knowledge for Development ; Labor Policies ; Macroeconomics and Economic Growth ; Performance ; Price ; Prices ; Private Sector Development ; Public Sector Regulation ; Reliability ; Results ; Social Protections and Labor ; Technology ; Telecom ; Telecommunication ; Telecommunication Reforms ; Telecommunications ; Telephone ; Telephone Connections ; Telephone Service ; Telephones ; User ; Users ; Banks and Banking Reform ; Business ; Business Services ; Data ; E-Business ; Economic Theory and Research ; Education ; Emerging Markets ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure Economics and Finance ; Infrastructure Regulation ; Institutions ; Knowledge Economy ; Knowledge for Development ; Labor Policies ; Macroeconomics and Economic Growth ; Performance ; Price ; Prices ; Private Sector Development ; Public Sector Regulation ; Reliability ; Results ; Social Protections and Labor ; Technology ; Telecom ; Telecommunication ; Telecommunication Reforms ; Telecommunications ; Telephone ; Telephone Connections ; Telephone Service ; Telephones ; User ; Users
    Abstract: June 1999 - Empirical analysis of telecommunications reforms in 30 African and Latin American countries yields results largely consistent with conventional wisdom. Competition seems to be the most successful change agent, so granting even temporary monopolies may delay the arrival of better services to consumers. Reformers are correct to emphasize that regulatory reform accompany privatization, as privatization without regulation reform may be costly to consumers. Wallsten explores the effects of privatization, competition, and regulation on telecommunications performance in 30 African and Latin American countries from 1984 through 1997. Competition is associated with tangible benefits in terms of mainline penetration, number of pay phones, connection capacity, and reduced prices. Fixed-effects regressions reveal that competition-measured by mobile operators not owned by the incumbent telecommunications provider-is correlated with increases in the per capita number of mainlines, pay phones, and connection capacity, and with decreases in the price of local calls. Privatizing an incumbent is negatively correlated with mainline penetration and connection capacity. Privatization combined with regulation by an independent regulator, however, is positively correlated with connection capacity and substantially mitigates privatization's negative correlation with mainline penetration. Reformers are right to emphasize a combination of privatization, competition, and regulation. But researchers must explore the permutations of regulation: What type of regulation do countries adopt (price caps versus cost-of-service, for example)? How does the regulatory agency work? What is its annual budget? How many employees does it have? Where do the regulators come from? What sort of training and experience do they have? What enforcement powers does the regulatory agency have? In addition, researchers must deal with endogeneity of privatization, competition, and regulation to deal with issues of causality. This paper-a product of Regulation and Competition Policy, Development Research Group-is part of a larger research effort to analyze the role of competition in telecommunications with special emphasis on Africa. The author may be contacted at wallstenstanford.edu
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    Border, Border, Wide and Far, How We Wonder What You Are (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wei, Shang-Jin Border, Border, Wide and Far, How We Wonder What You Are
    Keywords: Arbitrage ; Barriers ; Commodity ; Consumer Price Index ; Currencies and Exchange Rates ; Debt Markets ; E-Business ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; Exchange Rate ; Exchange Rate Movements ; Exchange Rates ; Finance and Financial Sector Development ; Insurance ; International Market ; International Markets ; International Trade ; Legal Systems ; Local Currencies ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Markets and Market Access ; Power Parity ; Price ; Price Volatility ; Prices ; Private Sector Development ; Purchasing Power ; Trade ; Arbitrage ; Barriers ; Commodity ; Consumer Price Index ; Currencies and Exchange Rates ; Debt Markets ; E-Business ; Economic Stabilization ; Economic Theory and Research ; Emerging Markets ; Exchange ; Exchange Rate ; Exchange Rate Movements ; Exchange Rates ; Finance and Financial Sector Development ; Insurance ; International Market ; International Markets ; International Trade ; Legal Systems ; Local Currencies ; Macroeconomic Management ; Macroeconomics and Economic Growth ; Markets and Market Access ; Power Parity ; Price ; Price Volatility ; Prices ; Private Sector Development ; Purchasing Power ; Trade
    Abstract: November 1999 - Crossing national borders adds significantly to price dispersion. This study of prices in Japan and the United States finds that a substantial part of that border effect is attributable to distance, shipping costs, exchange rates, and relative variability in wages. Parsley and Wei exploit three-dimensional panel data on prices for 27 traded goods, over 88 quarters, across 96 cities in Japan and the United States, to answer several questions: · Does the average exchange rate between countries stray further from zero than that between cities within a country? · Is there any tendency for the average exchange rate to move closer to zero over time? · Does the border narrow over time? · Is there evidence linking changes in the so-called border effect - the extra dispersion in prices between cities in different countries beyond what physical distance could explain - with plausible economic explanations, such as exchange rate variability? The authors present evidence that the intranational real exchange rates are substantially less volatile than the comparable distribution of international relative prices. They also show that an equally weighted average of commodity-level real exchange rates tracks the nominal exchange rate well, suggesting strong evidence of sticky prices. Next they turn to economic explanations for the dynamics of the border effect. Focusing on the dispersion of prices between city pairs, they confirm previous findings that crossing national borders adds significantly to price dispersion. Based on their point estimates, crossing the U.S.-Japan border is equivalent to adding between 2.5 and 13 million miles to the cross-country volatility of relative prices. They infer that distance, exchange rates, shipping costs, and relative variability in wages influence the border effect. After those variables are controlled for, the border effect disappears. This paper - a product of Public Economics, Development Research Group - is part of a larger effort in the group to understand international capital flows. The authors may be contacted at david.parsleyowen.vanderbilt.edu or swei@worldbank.org
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    Do School Facilities Matter? : The Case of the Peruvian Social Fund (FONCODES) (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Schady, Norbert Do School Facilities Matter?
    Keywords: Access To Schooling ; Attendance Rate ; Attendance Rates ; Classrooms ; Communities & Human Settlements ; Disability ; Education ; Education ; Education for All ; Educational Infrastructure ; Educational Inputs ; Educational Outcomes ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Education ; Health, Nutrition and Population ; Housing and Human Habitats ; Illiteracy ; Investments In Education ; Population Policies ; Poverty Monitoring and Analysis ; Poverty Reduction ; Primary Education ; Public School ; Rural Development ; Rural Poverty Reduction ; Sanitation ; School ; School Attendance ; School Breakfast ; School Facilities ; School Level ; Schoolchildren ; Social Protections and Labor ; Tertiary Education ; Textbooks ; Values ; Access To Schooling ; Attendance Rate ; Attendance Rates ; Classrooms ; Communities & Human Settlements ; Disability ; Education ; Education ; Education for All ; Educational Infrastructure ; Educational Inputs ; Educational Outcomes ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Education ; Health, Nutrition and Population ; Housing and Human Habitats ; Illiteracy ; Investments In Education ; Population Policies ; Poverty Monitoring and Analysis ; Poverty Reduction ; Primary Education ; Public School ; Rural Development ; Rural Poverty Reduction ; Sanitation ; School ; School Attendance ; School Breakfast ; School Facilities ; School Level ; Schoolchildren ; Social Protections and Labor ; Tertiary Education ; Textbooks ; Values
    Abstract: A revised version was published as The Allocation and Impact of Social Funds: Spending on School Infrastructure in Peru (with Christina Paxson). World Bank Economic Review 16 (2): 297-319, 2002. - Education projects of the Peruvian Social Fund (FONCODES) have reached poor districts and, to the extent they live in those districts, poor households. FONCODES has had a positive effect on school attendance rates for young children, but not on the likelihood that children will be at an appropriate school level for their age. Since its creation in 1991, the Peruvian Social Fund (FONCODES) has spent about US
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    User's Guide to an Early Warning System for Macroeconomic Vulnerability in Latin American Countries (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (22 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Herrera, Santiago User's Guide to an Early Warning System for Macroeconomic Vulnerability in Latin American Countries
    Keywords: Arts and Music ; Banking Crises ; Credit Growth ; Culture & Development ; Currency ; Currency Crises ; Debt Markets ; Domestic Cred Exchange ; Economic Conditions and Volatility ; Economic Theory and Research ; Educational Technology and Distance Learning ; Exchange Rate ; Federal Reserve ; Federal Reserve System ; Finance and Financial Sector Development ; Financial Crises ; Financial Literacy ; Geographical Information Systems ; Good ; Inflation ; Inflation Rate ; Information Security and Privacy ; Instrument ; Interest ; Interest Rates ; Macroeconomics and Economic Growth ; Market ; Markets and Market Access ; Options ; Real Exchange Rate ; Reserves ; Science and Technology Development ; Statistical and Mathematical Sciences ; Arts and Music ; Banking Crises ; Credit Growth ; Culture & Development ; Currency ; Currency Crises ; Debt Markets ; Domestic Cred Exchange ; Economic Conditions and Volatility ; Economic Theory and Research ; Educational Technology and Distance Learning ; Exchange Rate ; Federal Reserve ; Federal Reserve System ; Finance and Financial Sector Development ; Financial Crises ; Financial Literacy ; Geographical Information Systems ; Good ; Inflation ; Inflation Rate ; Information Security and Privacy ; Instrument ; Interest ; Interest Rates ; Macroeconomics and Economic Growth ; Market ; Markets and Market Access ; Options ; Real Exchange Rate ; Reserves ; Science and Technology Development ; Statistical and Mathematical Sciences
    Abstract: Models for an early warning system do a good job predicting vulnerability to macroeconomic crises in several Latin American countries. - Herrera and Garcia develop an early warning system for macroeconomic vulnerability for several Latin American countries, drawing on the work of Kaminsky, Lizondo, and Reinhart (1997) and Kaminsky (1988). They build a composite leading indicator that signals macroeconomic vulnerability, showing that, historically, crises tend to happen in certain vulnerable situations. Interested mainly in providing an operational tool, Herrera and Garcia use a different approach to the problem than Kaminsky did. First, they use fewer variables to generate the signals. Then, after the variables are aggregated, a signal is issued, depending on the behavior of the composite index. (Kaminsky's procedure was to generate signals with each variable and then aggregate them.) Their results are satisfactory both statistically and operationally. Statistically, Type I and Type II errors are smaller than those reported in previous papers. Operationally, this system of leading indicators is less costly to maintain, given fewer variables - which are widely available and reported with timeliness. Herrera and Garcia tested the models' out-of-sample predictive ability on crises that occurred after the first stage of their project was finished: Colombia (September 1998), Brazil (January 1999), and Ecuador (February 1999). In all cases the models correctly anticipated the speculative attacks. Moreover, Mexico's models, estimated with information available two years before the 1994 crisis, show that these signaling devices would have been useful for signaling the macroeconomic vulnerability before December 1994. This paper - a product of the Economic Policy Sector Unit, Latin America and the Caribbean Region - is part of a larger effort in the region to build tools that policymakers can use to prevent crises. The authors may be contacted at cgarciacoradoworldbank.org or sherrera@worldbank.org
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    New Firm Formation and Industry Growth : Does Having a Market- or Bank-Based System Matter? (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (50 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Levine, Ross New Firm Formation and Industry Growth
    Keywords: Banks and Banking Reform ; Debt Markets ; Economic Development ; Emerging Markets ; External Finance ; Finance and Financial Sector Development ; Financial Development ; Financial Literacy ; Financial Structure ; Financial System ; Financial Systems ; Individual Investors ; Legal Protection ; Liquid Market ; Market ; Market Development ; Market Liquidity ; Markets ; Outside Investors ; Private Sector Development ; Public Markets ; Shareholders ; Shares ; Stock ; Transaction ; Transaction Costs ; Banks and Banking Reform ; Debt Markets ; Economic Development ; Emerging Markets ; External Finance ; Finance and Financial Sector Development ; Financial Development ; Financial Literacy ; Financial Structure ; Financial System ; Financial Systems ; Individual Investors ; Legal Protection ; Liquid Market ; Market ; Market Development ; Market Liquidity ; Markets ; Outside Investors ; Private Sector Development ; Public Markets ; Shareholders ; Shares ; Stock ; Transaction ; Transaction Costs
    Abstract: June 2000 - Do industries that depend heavily on external finance grow faster in market-based or bank-based financial systems? Are new firms more likely to form in a bank-based or a market-based financial system? Beck and Levine find no evidence for the superiority of either market-based or bank-based financial systems for industries dependent on external financing. But they find overwhelming evidence that industries heavily dependent on external finance grow faster in economies with higher levels of financial development and with better legal protection for outside investors - including strong creditor and shareholder rights and strong contract enforcement mechanisms. Financial development also stimulates the establishment of new firms, which is consistent with the Schumpeterian view of creative destruction. Financial development matters. That the financial system is bank-based or market-based offers little additional information. This paper - a product of the Financial Sector Strategy and Policy Department - is part of a larger effort in the department to understand the link between financial development and economic growth. The authors may be contacted at tbeckworldbank.org or rlevine@csom.umn.edu
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    Determinants of Motorization and Road Provision (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ingram, K. Gregory Determinants of Motorization and Road Provision
    Keywords: Air ; Air Pollution ; Auto Dependence ; Buses ; Cars ; Congestion ; Externalities ; Motor Vehicle ; Motor Vehicle Use ; Motor Vehicles ; Road ; Road Network ; Road Provision ; Roads ; Trans Transit Use ; Transport ; Transport ; Transport Economics, Policy and Planning ; Trucks ; Urban Transport ; Vehicle Ownership ; Air ; Air Pollution ; Auto Dependence ; Buses ; Cars ; Congestion ; Externalities ; Motor Vehicle ; Motor Vehicle Use ; Motor Vehicles ; Road ; Road Network ; Road Provision ; Roads ; Trans Transit Use ; Transport ; Transport ; Transport Economics, Policy and Planning ; Trucks ; Urban Transport ; Vehicle Ownership
    Abstract: January 1999 - National and urban motor vehicle ownership increases at about the same rate as income, whereas road length increases with income mainly at the national level. So, urban congestion grows with income. Controlling vehicle fleet growth and use would require high taxes that increase faster than income - or there could be congestion tolls. Ingram and Liu survey past trends in vehicle ownership and road network expansion to analyze determinants of their growth at the national and urban level. Surprisingly, they find that: ° Nationally, income is a major determinant of both vehicle ownership and road length. ° Nationally, paved road length and vehicle ownership has been increasing about as fast as income, while total road length is increasing less rapidly than income. ° In urban areas vehicle ownership increases as fast as income while road length increases very slowly with income. Because national paved road networks are expanding about as fast as national motor vehicle fleets, national congestion is unlikely to be worsening. But because urban road length is growing much more slowly than the number of urban motor vehicles, urban congestion is rising with income over time. Increased urban congestion is stimulating decentralized urban growth. Income elasticities are greater than price elasticities in absolute terms, for both vehicle ownership and use - an important finding because prices are often used as an instrument to control motor vehicle ownership and use. If price elasticities are half as large as income elasticities, prices would have to grow twice as fast as incomes to stabilize vehicle ownership. Breaking the link between income growth, rising congestion, and urban decentralization will be difficult: Restraining auto ownership in urban areas requires high tax rates, and increasing the supply of urban roads is costly. Elasticity estimates vary, but a good point estimate for the income elasticity of fleet growth is 1. This means country motor vehicle fleets grow in proportion to country incomes. More than half the world's annual increase in motor vehicles is likely to occur in high-income countries until 2025 (assuming GNP growth of 3 percent in high-income countries, 5 percent in low- and middle-income countries). The motor vehicle fleet in low- and middle-income countries is not projected to exceed that in high-income countries until after 2050. Carbon dioxide emissions are likely to be distributed similarly. This paper-a joint product of the Research Advisory Staff and the Transport Division, Transport, Water, and Urban Development Department-is part of a research project on motorization and roads. The authors may be contacted at gingramworldbank.org or zliu@worldbank.org
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    Decentralization and Fiscal Management in Colombia (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (49 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Webb, B. Steven Decentralization and Fiscal Management in Colombia
    Keywords: Bank ; Banks and Banking Reform ; Budget ; Debt ; Debt Markets ; Decentralization ; Decentralization Process ; Deconcentration ; Deficits ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Decentralization ; Fiscal Deficits ; Interest ; Intergovernmental Relations ; Laws ; Local Governments ; Macroeconomic Stability ; Municipal Financial Management ; Municipalities ; Public Sector Economics and Finance ; Public and Municipal Finance ; Revenue ; Risk ; Subnational Governments ; Transfers ; Urban Development ; Urban Economics ; Value ; Bank ; Banks and Banking Reform ; Budget ; Debt ; Debt Markets ; Decentralization ; Decentralization Process ; Deconcentration ; Deficits ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Decentralization ; Fiscal Deficits ; Interest ; Intergovernmental Relations ; Laws ; Local Governments ; Macroeconomic Stability ; Municipal Financial Management ; Municipalities ; Public Sector Economics and Finance ; Public and Municipal Finance ; Revenue ; Risk ; Subnational Governments ; Transfers ; Urban Development ; Urban Economics ; Value
    Abstract: May 1999 - Institutional arrangements have helped Colombia manage the fiscal aspects of decentralization, despite the country's political problems. Colombia's political geography contrasts sharply with its economy. Physical characteristics and guerilla war fragment the country geographically, yet it has a long tradition of political centrism and macroeconomic stability. Recently, with political and economic decentralization, there has been some weakening of macroeconomic performance. Dillinger and Webb explore institutional arrangements that have helped Colombia manage the fiscal aspects of decentralization, despite the country's political problems. Fiscal decentralization proceeded rapidly in Colombia. Education, health, and much infrastructure provision have been decentralized to the departmentos and municipios. Decentralization has led to substantial but not overwhelming problems, both in maintaining fiscal balance nationally (as resources are transferred to subnational levels) and in preventing unsustainable deficits by the subnational governments. The problems have arisen because central government interference prevents departments from controlling their costs and because of expectations of debt bailouts. Both are legacies of the earlier pattern of management from the center, and some recent changes-especially about subnational debt-may improve matters. Colombia's traditional political process has had difficulty dealing with problems of decentralization because traditional parties are weak in internal organization and have lost de facto rule over substantial territories. The fiscal problems of subnational government have been contained, however, because subnational governments are relatively weak politically and the central government, for the time being, has been able to enforce restrictions on subnational borrowing. This paper-a product of the Poverty Reduction and Economic Management Sector Unit, Latin America and Caribbean Region-is part of a larger effort in the region to examine the macroeconomic consequences of decentralization. The authors may be contacted at wdillingerworldbank.org or swebb@worldbank.org
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    Access to Land in Rural India (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (56 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mearns, Robin Access to Land in Rural India
    Keywords: Agrarian Structure ; Agriculture ; Common Property Resource Development ; Communities & Human Settlements ; Countries ; Farm Size ; Farmland ; Land ; Land Administration ; Land Distribution ; Land Markets ; Land Ownership ; Land Records ; Land Reform ; Land Reforms ; Land Registration ; Land Rights ; Land Tenure ; Land Transfers ; Land Use and Policies ; Land and Real Estate Development ; Landlessness ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Private Sector Development ; Public Access To Land ; Public Land ; Public Sector Management and Reform ; Real Estate Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Rural Poverty Reduction ; Agrarian Structure ; Agriculture ; Common Property Resource Development ; Communities & Human Settlements ; Countries ; Farm Size ; Farmland ; Land ; Land Administration ; Land Distribution ; Land Markets ; Land Ownership ; Land Records ; Land Reform ; Land Reforms ; Land Registration ; Land Rights ; Land Tenure ; Land Transfers ; Land Use and Policies ; Land and Real Estate Development ; Landlessness ; Macroeconomics and Economic Growth ; Municipal Housing and Land ; Political Economy ; Poverty Reduction ; Private Sector Development ; Public Access To Land ; Public Land ; Public Sector Management and Reform ; Real Estate Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Rural Poverty Reduction
    Abstract: May 1999 - Access to land is deeply important in rural India, where the incidence of poverty is highly correlated with lack of access to land. The author provides a framework for assessing alternative approaches to improving access to land by India's rural poor. He considers India's record implementing land reform and identifies an approach that includes incremental reforms in public land administration to reduce transaction costs in land markets (thereby facilitating land transfers) and to increase transparency, making information accessible to the public to ensure that socially excluded groups benefit. Reducing constraints on access to land for the rural poor and socially excluded requires five key issues: restrictions on land-lease markets, the fragmentation of holdings, the widespread failure to translate women's legal rights into practice, poor access to (and encroachment on) the commons, and high transaction costs for land transfers. Among guidelines for policy reform the author suggests: -Selectively deregulate land-lease (rental) markets, because rental markets may be important in giving the poor access to land. -Reduce transaction costs in land markets, including both official costs and informal costs (such as bribes to expedite transactions), partly by improving systems for land registration and management of land records. -Critically reassess land administration agencies and find ways to improve incentive structures, to reduce rent-seeking and base promotions on performance. -Promote women's independent land rights through policy measures to increase women's bargaining power within the household and in society generally. -Improve transparency of land administration and public access to information, to reduce rent-seeking by land administration officers and to strengthen poor people's land rights (and knowledge thereof). -Strengthen institutions in civil society to provide the awareness, monitoring, and pressure needed for successful reform and to provide checks and balances on inappropriate uses of state power. -In a companion paper (WPS 2124) the author addresses these issues at the level of a particular state - Orissa, one of India ' s poorest states - in an empirical study, from a transaction costs perspective, of social exclusion and land administration. This paper - a product of the Rural Development Sector Unit, South Asia Region - is part of a larger effort in the region to promote access to land and to foster more demand-driven and socially inclusive institutions in rural development
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    Aid Allocation and Poverty Reduction (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (46 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Dollar, David Aid Allocation and Poverty Reduction
    Keywords: Development Efforts ; Domestic Poverty ; Economic Growth ; Elimination Of Poverty ; Emergencies ; Health, Nutrition and Population ; Level Of Poverty ; Living Standards ; National Policy ; Policies ; Policy Level ; Poor People ; Population Policies ; Poverty ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Quantitative Measures ; Recipient Countries ; Respect ; Rule Of Law ; Rural Development ; Rural Poverty Reduction ; Sectoral Policies ; Services and Transfers to Poor ; Sustainable Growth ; War ; Development Efforts ; Domestic Poverty ; Economic Growth ; Elimination Of Poverty ; Emergencies ; Health, Nutrition and Population ; Level Of Poverty ; Living Standards ; National Policy ; Policies ; Policy Level ; Poor People ; Population Policies ; Poverty ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Quantitative Measures ; Recipient Countries ; Respect ; Rule Of Law ; Rural Development ; Rural Poverty Reduction ; Sectoral Policies ; Services and Transfers to Poor ; Sustainable Growth ; War
    Abstract: In the efficient allocation of aid, aid is targeted disproportionately to countries with severe poverty and adequate policies. For a given level of poverty, aid tapers in with policy reform. In the actual allocation of aid, aid tapers out with reform. - Aid now lifts about 30 million people a year out of absolute poverty. With a poverty-efficient allocation, the same amount of aid would lift about 80 million people out of poverty. Collier and Dollar derive a poverty-efficient allocation of aid and compare it with actual aid allocations. They build the poverty-efficient allocation in two stages. First they use new World Bank ratings of 20 different aspects of national policy to establish the current relationship between aid, policies, and growth. Onto that, they add a mapping from growth to poverty reduction, which reflects the level and distribution of income. They compare the effects of using headcount and poverty-gap measures of poverty. They find the actual allocation of aid to be radically different from the poverty-efficient allocation. In the efficient allocation, for a given level of poverty, aid tapers in with policy reform. In the actual allocation, aid tapers out with reform. In the efficient allocation, aid is targeted disproportionately to countries with severe poverty and adequate policies - the type of country where 74 percent of the world's poor live. In the actual allocation, such countries receive a much smaller share of aid (56 percent) than their share of the world's poor. With the present allocation, aid is effective in sustainably lifting about 30 million people a year out of absolute poverty. With a poverty-efficient allocation, this would increase to about 80 million people. Even with political constraints introduced to keep allocations for India and China constant, poverty reduction would increase to about 60 million. Reallocating aid is politically difficult, but it may be considerably less difficult than quadrupling aid budgets, which is what the authors estimate would be necessary to achieve the same impact on poverty reduction with existing aid allocations. This paper - a joint product of the Office of the Director, and Macroeconomics and Growth, Development Research Group - is part of a larger effort in the group to examine aid effectiveness. The authors may be contacted at pcollierworldbank.org or ddollar@worldbank.org
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    Reforming the Urban Transport Sector in the Rio de Janeiro Metropolitan Region : A Case Study in Concessions (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Rebelo, M. Jorge Reforming the Urban Transport Sector in the Rio de Janeiro Metropolitan Region
    Keywords: Automobile ; Bus ; Buses ; Cars ; Infrastructure ; Mass Trans Metropolitan Transport ; Public Transport ; Public Transportation ; Rail Transport ; Subsidies ; Suburban Railways ; Transparency ; Transport ; Transport Economics, Policy and Planning ; Transport Projects ; Transport Sector ; Transport Systems ; Trips ; Urban Rail ; Urban Trans Urban Transport ; Automobile ; Bus ; Buses ; Cars ; Infrastructure ; Mass Trans Metropolitan Transport ; Public Transport ; Public Transportation ; Rail Transport ; Subsidies ; Suburban Railways ; Transparency ; Transport ; Transport Economics, Policy and Planning ; Transport Projects ; Transport Sector ; Transport Systems ; Trips ; Urban Rail ; Urban Trans Urban Transport
    Abstract: April 1999 - In a bold effort to privatize Rio de Janeiro's urban transport sector, the state government showed that political decisiveness, transparency, and ingenuity in developing incentives are crucial to make loss-making operations attractive to the private sector. It also learned that not having a credible staff redundancy program might seriously undermine the benefits expected from concessions. Rebelo describes a bold effort by the state government to increase private sector participation in Rio de Janeiro's urban transport sector, reduce heavy operating subsidies, and establish a foundation for making the sector sustainable. This effort was undertaken with the help of three World Bank-financed loans: ° The Rio de Janeiro Metropolitan Transport loan, which provided assistance for the transfer of federally owned suburban railways to the state government. ° The Rio de Janeiro State Reform and Privatization Loan, which helped the state privatize and grant concessions for a number of its enterprises. ° The Rio de Janeiro Mass Transit Loan, which supported the reorganization of the sector and the concession of the Rio suburban railways (Flumitrens). Most of the reforms in the urban transport sector have been implemented. The lessons learned from implementation and the results obtained so far suggest that political decisiveness, transparency, and ingenuity in developing incentives are crucial to privatizing urban rail transport systems. But the state also learned that not having a credible staff redundancy program might seriously reduce the benefits expected from concessions. This paper-a product of the Transport and Urban Unit, Finance, Private Sector, and Infrastructure Department, Latin America and the Caribbean Region-is part of a larger effort in the region to help borrowers concession loss-making urban transport operations to the private sector. The author may be contacted at jrebeloworldbank.org
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  • 64
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    The Relative Effects of Skill Formation and Job Matching on Wage Growth in Ethiopia (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (49 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mengistae, Taye The Relative Effects of Skill Formation and Job Matching on Wage Growth in Ethiopia
    Keywords: Earning ; Economic Theory and Research ; Employees ; Finance and Financial Sector Development ; Financial Literacy ; Firm Level ; Human Capital ; Job ; Job Match ; Job Matches ; Job Separation ; Job Skill ; Jobs ; Labor Markets ; Labour ; Labour Market ; Labour Market Experience ; Macroeconomics and Economic Growth ; Older Workers ; Political Economy ; Productivity Increase ; Social Protections and Labor ; Wage Determination ; Wage Rate ; Wage Rates ; Worker ; Workers ; Earning ; Economic Theory and Research ; Employees ; Finance and Financial Sector Development ; Financial Literacy ; Firm Level ; Human Capital ; Job ; Job Match ; Job Matches ; Job Separation ; Job Skill ; Jobs ; Labor Markets ; Labour ; Labour Market ; Labour Market Experience ; Macroeconomics and Economic Growth ; Older Workers ; Political Economy ; Productivity Increase ; Social Protections and Labor ; Wage Determination ; Wage Rate ; Wage Rates ; Worker ; Workers
    Abstract: April 1999 - Estimated age and job seniority profiles of wages and marginal productivity in Ethiopia suggest that both skill formation and job matching significantly affect growth of wages and productivity over time. However, job matching is by far the more important of the two sources of growth in wages and productivity. Mengistae analyzes production and labor market data for a random selection of small to medium-size firms in Ethiopia to answer two questions: ° Does a worker's marginal productivity increase with time in the labor market or with job seniority, as must be the case if on-the-job skill formation or job matching has anything to do with the dynamics of wages observed in the data? ° Assuming that marginal productivity grows with experience or seniority, is skill formation more or less important than job matching as a source of growth in productivity? The main feature of Mengistae's analysis is the joint regression of the log of the average product of hours in a firm and the log of average hourly earnings of a firm's employees on the shares of experience-seniority cells of workers in total annual hours in the firm. Marginal productivity falls as experience in the labor market passes the 15-year mark, but the expected marginal product of a mobile worker with 16 or more years of experience is still nearly 80 percent higher than that of the base group. The between-jobs growth of hourly wages with potential experience is also large, but not as large as growth in marginal productivity for workers with less than 15 years of experience. Mengistae concludes that job matching is far more important than skill formation as a source of growth in productivity. Net mobility gains account for at least twice the share of the return to skill formation in the observed between-jobs growth of wages with market experience. The rate of return to skills formation is higher in the United States than in Ethiopia. The relative return to skills formation is probably lower in Ethiopia partly because the flow of information about the labor market is more restricted there. This paper-a product of the Development Research Group-is part of a larger effort in the group to identify firm-level sources of growth in productivity. The author may be contacted at tmengistaeworldbank.org
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  • 65
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    Resolution of Corporate Distress : Evidence from East Asia's Financial Crisis (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Klapper, Leora Resolution of Corporate Distress
    Keywords: Bank ; Bankruptcy ; Bankruptcy Filing ; Bankruptcy Filings ; Banks and Banking Reform ; Cred Creditor ; Creditors ; Debt ; Debt Markets ; Earnings ; Economic Theory and Research ; Emerging Markets ; Expenses ; Finance and Financial Sector Development ; Financial Crisis ; Financial Distress ; Financial Institutions ; Financial Literacy ; Interest ; Loan ; Macroeconomics and Economic Growth ; Ownership ; Private Sector Development ; Probability ; Regression Analysis ; Stakeholders ; State University ; Bank ; Bankruptcy ; Bankruptcy Filing ; Bankruptcy Filings ; Banks and Banking Reform ; Cred Creditor ; Creditors ; Debt ; Debt Markets ; Earnings ; Economic Theory and Research ; Emerging Markets ; Expenses ; Finance and Financial Sector Development ; Financial Crisis ; Financial Distress ; Financial Institutions ; Financial Literacy ; Interest ; Loan ; Macroeconomics and Economic Growth ; Ownership ; Private Sector Development ; Probability ; Regression Analysis ; Stakeholders ; State University
    Abstract: June 1999 - Evidence from East Asia suggests that a firm's ownership relationship with a family or bank provides insurance against the likelihood of bankruptcy during bad times, possibly at the expense of minority shareholders. Bankruptcy is more likely in countries with strong creditor rights and a good judicial system - perhaps because creditors are more likely to force a firm to file for bankruptcy. The widespread financial crisis in East Asia caused large economic shocks, which varied by degree across the region. That crisis provides a unique opportunity for investigating the factors that determine the use of bankruptcy processes in a number of economies. Claessens, Djankov, and Klapper study the use of bankruptcy in Hong Kong, Indonesia, Japan, the Republic of Korea, Malaysia, the Philippines, Singapore, Taiwan (China), and Thailand. These economies differ in their institutional frameworks for resolving financial distress, partly because of the different origins of their judicial systems. One difference is the strength of creditor rights, which Claessens, Djankov, and Klapper document. They expect that differences in legal enforcement and judicial efficiency should affect the resolution of financial distress. Using a sample of 4,569 publicly traded East Asian firms, they observe a total of 106 bankruptcies in 1997 and 1998. They find that: · The likelihood of filing for bankruptcy is lower for firms with ownership links to banks and families, controlling for firm and country characteristics. · Filings are more likely in countries with better judicial systems. · Filings are more likely where there are both strong creditor rights and a good judicial system. These results alone do not allow Claessens, Djankov, and Klapper to address whether increased use of bankruptcy is an efficient resolution mechanism. This paper - a product of the Financial Economics Unit, Financial Sector Practice Department - is part of a larger effort in the department to study corporate financing and governance mechanisms in emerging markets
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  • 66
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    Globalization and National Development at the End of the 20th Century : Tensions and Challenges (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (19 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Solimano, Andrés Globalization and National Development at the End of the 20th Century
    Keywords: Balance Of Payments ; Capital Mobility ; Capital Movements ; Currencies and Exchange Rates ; Debt Markets ; Deficits ; Developing Countries ; Economic Conditions and Volatility ; Economic Theory and Research ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Institutions ; Financial Literacy ; Fixed Exchange Rates ; Free Capital ; Global Economy ; Globalization ; Human Development ; Inflation ; Inflations ; International Trade ; Macroeconomic Volatility ; Macroeconomics and Economic Growth ; Market ; Monetary Fund ; Private Sector Development ; Security ; Wealth Creation ; Balance Of Payments ; Capital Mobility ; Capital Movements ; Currencies and Exchange Rates ; Debt Markets ; Deficits ; Developing Countries ; Economic Conditions and Volatility ; Economic Theory and Research ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Institutions ; Financial Literacy ; Fixed Exchange Rates ; Free Capital ; Global Economy ; Globalization ; Human Development ; Inflation ; Inflations ; International Trade ; Macroeconomic Volatility ; Macroeconomics and Economic Growth ; Market ; Monetary Fund ; Private Sector Development ; Security ; Wealth Creation
    Abstract: June 1999 - Do globalization and national development reinforce each other? Are they mutually compatible? What opportunities for national development does globalization open? What problems does it pose? What is the proper balance between national, regional, and global responses to the challenges posed by globalization? Globalization offers developing countries the opportunities to create wealth through export-led growth, to expand international trade in goods and services, and to gain access to new ideas, technologies, and institutional designs. But globalization also entails problems and tensions that must be appropriately managed. For one thing, global business cycles can contribute greatly to macroeconomic volatility at the national level. The scope and severity of crises in Mexico (1994-95), Asia (1997), Russia (1998), and Brazil (1999) suggests the severity of the financial vulnerability developing countries face nowadays. With financial markets so highly integrated, problems are transmitted rapidly from one country to another. The rapid transmission of financial shocks changes levels of confidence and affects exchange rates, interest rates, asset prices, and, ultimately, output and employment-with consequent social effects. Policymakers should also be concerned about how globalization exacerbates job instability and income disparities both within and across countries. Macroeconomic and financial crises, by increasing poverty and social tensions, can be political destabilizing. As the 20th century ends, the resources of Bretton Woods institutions are strained because of the large and complex rescue packages needed to deal with large-scale volatility. Development policy agendas in the era of globalization need to articulate traditional concerns with growth, stability, and social equity with new themes such as transparency and good governance at several levels: national, regional, and global. This paper-a product of the Country Management Unit, Colombia, Ecuador, and Venezuela-is part of a larger effort in the region to understand the links between globalization and national development. The author may be contacted at asolimano worldbank.org
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    Challenging El Salvador's Rural Health Care Strategy (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (58 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Eskeland, Gunnar Challenging El Salvador's Rural Health Care Strategy
    Keywords: Aged ; Children ; Clinics ; Decision Making ; First Aid ; Health ; Health Behavior ; Health Care ; Health Monitoring and Evaluation ; Health Services ; Health, Nutrition and Population ; Hospitals ; Injuries ; Knowledge ; Mortality ; Patients ; Physicians ; Prevention ; Primary Health Care ; Public Health ; Strategy ; Workers ; Aged ; Children ; Clinics ; Decision Making ; First Aid ; Health ; Health Behavior ; Health Care ; Health Monitoring and Evaluation ; Health Services ; Health, Nutrition and Population ; Hospitals ; Injuries ; Knowledge ; Mortality ; Patients ; Physicians ; Prevention ; Primary Health Care ; Public Health ; Strategy ; Workers
    Abstract: August 1999 - Low-skilled health promoters posted in rural villages are doing little to improve health or health-seeking behaviors. In a supply-driven system, such workers have too few incentives, too little knowledge, and too little supervision. Results can be improved without increasing costs. Can a supply-driven network of under-skilled rural health promoters make a difference in rural health care? There are few, if any, signs that the current rural health strategy in El Salvador is working, whether the health promoters are government employees or nongovernmental organization (NGO) workers. Lewis, Eskeland, and Traa-Valerezo arrived at this conclusion after conducting interviews and analyzing primary and secondary data. The village-based health promoters lack incentives and supervision, and ultimately have little to offer local communities. NGO workers are more successful than government workers, but neither group performs satisfactorily. Even the rural poor use private services quite intensively, despite the high cost of the services and of getting access to them. Moreover, people seem to seek the services they need. They select self-treatment in 50 percent of illness episodes, with about the same success rate as when they use health providers. Other options should be considered, as results can be improved without increasing costs. This paper - a product of the Human Development Sector Units, Europe and Central Asia Region and Latin America and Caribbean Region; and Public Economics, Development Research Group - is part of a larger effort in the Bank to encourage appropriate policies and programs in the health sector. The authors may be contacted at mlewis1worldbank.org, geskeland@worldbank.org, or xtraavalerezo@worldbank.org
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  • 68
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    Do More Unequal Countries Redistribute More? : Does the Median Voter Hypothesis Hold? (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (56 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Milanovic, Branko Do More Unequal Countries Redistribute More?
    Keywords: Consumption ; Disposable Income ; Economic Mechanism ; Economic Theory and Research ; Emerging Markets ; Endogenous Growth ; Factor Income ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Growth Rate ; Growth Theories ; Income ; Income ; Income Distribution ; Income Groups ; Income Inequality ; Inequality ; Inequality ; Investment and Investment Climate ; Labor Policies ; Macroeconomics and Economic Growth ; Mean Income ; Median Voter ; Median Voter Hypothesis ; Personal Income ; Personal Income Taxes ; Political Mechanism ; Poverty Impact Evaluation ; Poverty Reduction ; Private Sector Development ; Public Choice ; Public Sector Development ; Services and Transfers to Poor ; Significant Relationship ; Social Protections and Labor ; Consumption ; Disposable Income ; Economic Mechanism ; Economic Theory and Research ; Emerging Markets ; Endogenous Growth ; Factor Income ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal and Monetary Policy ; Growth Rate ; Growth Theories ; Income ; Income ; Income Distribution ; Income Groups ; Income Inequality ; Inequality ; Inequality ; Investment and Investment Climate ; Labor Policies ; Macroeconomics and Economic Growth ; Mean Income ; Median Voter ; Median Voter Hypothesis ; Personal Income ; Personal Income Taxes ; Political Mechanism ; Poverty Impact Evaluation ; Poverty Reduction ; Private Sector Development ; Public Choice ; Public Sector Development ; Services and Transfers to Poor ; Significant Relationship ; Social Protections and Labor
    Abstract: December 1999 - The data strongly support the hypothesis that countries with more unequal distribution of factor income redistribute more in favor of the poor - even when the analysis controls for older people's share in total population (that is, for pension transfers). But the evidence on the median voter hypothesis is inconclusive even if middle-income groups gain more (or lose less) through redistribution in countries where initial (factor) income distribution is more unequal. The median voter hypothesis is important to endogenous growth theories because it provides the political mechanism through which voters in more unequal countries redistribute a greater proportion of income and thus (it is argued), by blunting incentives, reduce the country's growth rate. But the hypothesis was never properly tested because of lack of data on the distribution of (pre-tax and transfer) factor income across households, and hence on the exact amount of gain by the poorest quintile or poorest half. Milanovic tests the hypothesis using 79 observations drawn from household budget surveys from 24 democracies. The data strongly support the hypothesis that countries with more unequal distribution of factor income redistribute more in favor of the poor - even when the analysis controls for the older people's share in total population (that is, for pension transfers). The evidence on the median voter hypothesis is much weaker. Milanovic does find that middle-income groups gain more (or lose less) through redistribution in countries where initial (factor) income distribution is more unequal. This regularity evaporates, however, when pensions are dropped from social transfers and the focus is strictly on the more redistributive social transfers. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to study the relationship between democracy and inequality. The study was funded in part by the Bank's Research Support Budget under the research project Democracy, Redistribution, and Inequality (RPO 683-01). Also published as “The median voter hypothesis, income inequality and income redistribution: An empirical test with the required data”, European Journal of Political Economy , vol. 16, No. 3, September 2000, pp. 367-410. The author may be contacted at bmilanovicworldbank.org
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    Corruption and Trade Tariffs, or a Case for Uniform Tariffs (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (22 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Gatti, Roberta Corruption and Trade Tariffs, or a Case for Uniform Tariffs
    Keywords: Accounting ; Currencies and Exchange Rates ; Customs Administration and Reform ; Debt Markets ; Developing Countries ; Economic Efficiency ; Economic Theory and Research ; Exchange ; Finance and Financial Sector Development ; Free Trade ; Future ; Good ; Goods ; Government Revenue ; Government Revenues ; International Economics & Trade ; International Trade and Trade Rules ; Law and Development ; Macroeconomics and Economic Growth ; Market ; Market Prices ; Open Economy ; Public Sector Corruption and Anticorruption Measures ; Public Sector Development ; Returns ; Revenue ; Share ; Tariff ; Tariffs ; Tax ; Tax Law ; Taxes ; Trade Policy ; Transparency ; Accounting ; Currencies and Exchange Rates ; Customs Administration and Reform ; Debt Markets ; Developing Countries ; Economic Efficiency ; Economic Theory and Research ; Exchange ; Finance and Financial Sector Development ; Free Trade ; Future ; Good ; Goods ; Government Revenue ; Government Revenues ; International Economics & Trade ; International Trade and Trade Rules ; Law and Development ; Macroeconomics and Economic Growth ; Market ; Market Prices ; Open Economy ; Public Sector Corruption and Anticorruption Measures ; Public Sector Development ; Returns ; Revenue ; Share ; Tariff ; Tariffs ; Tax ; Tax Law ; Taxes ; Trade Policy ; Transparency
    Abstract: November 1999 - A highly diversified trade tariff menu may fuel bribe-taking behavior. Setting trade tariff rates at a uniform level limits public officials' ability to extract bribes from importers. By explicitly accounting for the interaction between importers and corrupt customs officials, Gatti argues that setting trade tariff rates at a uniform level limits public officials' ability to extract bribes from importers. If the government's main objective is to raise revenues at the minimum cost to welfare, optimally-set tariff rates will be inversely proportional to the elasticity of demand for imports. So they will generally differ across goods. Such a menu of tariff rates endows customs officials with the opportunity to extract rent from importers. If officials have enough discretionary power, they might threaten to misclassify goods into more heavily taxed categories unless importers pay them a bribe. Because of the bribe, the effective tariff rate for the importing firm increases, so demand for the good decreases. The resulting drop in import demand implies an efficiency loss as well as lower government revenues, compared with the optimal taxation benchmark without corruption. A similar argument applies when customs officials offer to classify goods into low-tariff categories in exchange for a bribe. Setting trade tariffs at a uniform level eliminates officials' opportunities to extract rents. Thus, when corruption is pervasive, a uniform tariff can deliver more government revenues and welfare than the optimally set (Ramsey) tariff benchmark. The empirical evidence confirms that these considerations are relevant to policymaking, since a robust association between the standard deviation of trade tariffs - a measure of the diversification of tariff menus - and corruption emerges across countries. This paper - a product of Macroeconomics and Growth, Development Research Group - is part of a larger effort in the group to study corruption. Please contact Roberta Gatti, Internet address rgattiworldbank.org
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    A Quantitative Evaluation of Vietnam's Accession to the ASEAN Free Trade Area (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (70 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Martin, Will A Quantitative Evaluation of Vietnam's Accession to the ASEAN Free Trade Area
    Keywords: Access ; Capital Goods ; Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Domestic Industries ; Domestic Production ; Economic Theory and Research ; Emerging Markets ; Exports ; Factor Endowments ; Finance and Financial Sector Development ; Free Trade ; Free Trade ; Free Trade Area ; Import Competition ; Intermediate Inputs ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Markets and Market Access ; Openness ; Private Sector Development ; Public Sector Development ; Tariff ; Trade Creation ; Trade Diversion ; Trade Law ; Trade Liberalization ; Trade Patterns ; Trade Policies ; Trade Policy ; Trade Regime ; Unilateral Liberalization ; Access ; Capital Goods ; Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Domestic Industries ; Domestic Production ; Economic Theory and Research ; Emerging Markets ; Exports ; Factor Endowments ; Finance and Financial Sector Development ; Free Trade ; Free Trade ; Free Trade Area ; Import Competition ; Intermediate Inputs ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Markets and Market Access ; Openness ; Private Sector Development ; Public Sector Development ; Tariff ; Trade Creation ; Trade Diversion ; Trade Law ; Trade Liberalization ; Trade Patterns ; Trade Policies ; Trade Policy ; Trade Regime ; Unilateral Liberalization
    Abstract: November 1999 - The static economic benefits of Vietnam's accession to the ASEAN Free Trade Area (AFTA) are likely to be relatively small. The gains from increased access to ASEAN markets would be small, and they would be offset by the costs of trade diversion on the import side. But binding commitments on protection rates under the AFTA plan could provide an important stepping stone to more beneficial broader liberalization. Vietnam's accession to the ASEAN Free Trade Area (AFTA) has been an important step in its integration into the world economy. Fukase and Martin use a multiregion, multisector computable general equilibrium model to evaluate how different trade liberalization policies of Vietnam and its main trading partners affect Vietnam's welfare, taking into account the simultaneous impacts on trade, output, and industrial structure. They conclude that: · The static economywide effects of the AFTA liberalization to which Vietnam is currently committed are small. On the import side, the exclusion of a series of products from the AFTA commitments appears to limit the scope of trade creation, and the discriminatory nature of AFTA liberalization would divert Vietnam's trade from non-ASEAN members. · Vietnam's small initial exports to ASEAN make the gains from improved access to partner markets relatively modest. Since Singapore dominates Vietnam's ASEAN exports and initial protection in Singapore is close to zero, there are few gains from preferred status in this market. · When Vietnam extends its AFTA commitments to all of its trading partners on a most favored nation basis, its welfare increases substantially - partly because of the greater extent of liberalization, partly because the broader liberalization undoes the costly trade diversion created by the initial discriminatory liberalization, and finally because of the more efficient allocation of resources among Vietnam's industries. · AFTA, APEC, and unilateral liberalizations affect Vietnam's industries in different ways. AFTA appears to benefit Vietnam's agriculture by improving its access to the ASEAN market. · Broad unilateral liberalization beyond AFTA is likely to shift labor away from agriculture and certain import-competing activities toward relatively labor-intensive manufacturing. Reduced costs for intermediate inputs will benefit domestic production. These sectors conform to Vietnam's current comparative advantage, and undertaking broad unilateral liberalization now seems a promising way to facilitate the subsequent development of competitive firms in more capital- and skill-intensive sectors. By contrast, more intense import competition may lead some import substitution industries (now dependent on protection) to contract. · The higher level of welfare resulting from more comprehensive liberalization implies that the sectoral protection currently given to capital-intensive and strategic industries is imposing substantial implicit taxes on the rest of the economy. · All the above suggests that AFTA should be treated as an important initial step toward broader liberalization. Binding international commitments in AFTA and, in due course, at the World Trade Organization can provide a credible signal of Vietnam's commitment to open trade policies that will help stimulate the upgrading of existing firms and investment in efficient and dynamic firms. This paper - a product of Trade, Development Research Group - was prepared as part of the AFTA Expansion Project in collaboration with the East Asia and Pacific Region. The authors may be contacted at efukaseworldbank.org or wmartin1@worldbank.org
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    The Sri Lankan Unemployment Problem Revisited (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (52 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Rama, Martin The Sri Lankan Unemployment Problem Revisited
    Keywords: Educational Attainment ; Export Processing Zones ; Finance and Financial Sector Development ; Financial Literacy ; High Unemployment ; High Unemployment Rate ; Job ; Job Security ; Labor ; Labor Force ; Labor Market ; Labor Market Participants ; Labor Market Policies ; Labor Markets ; Labor Study ; Management ; Private Sector ; Private Sector Activities ; Public Sector Jobs ; Social Protections and Labor ; Unemployed ; Unemployment ; Unemployment Problem ; Unemployment Rates ; Educational Attainment ; Export Processing Zones ; Finance and Financial Sector Development ; Financial Literacy ; High Unemployment ; High Unemployment Rate ; Job ; Job Security ; Labor ; Labor Force ; Labor Market ; Labor Market Participants ; Labor Market Policies ; Labor Markets ; Labor Study ; Management ; Private Sector ; Private Sector Activities ; Public Sector Jobs ; Social Protections and Labor ; Unemployed ; Unemployment ; Unemployment Problem ; Unemployment Rates
    Abstract: November 1999 - Unemployment in Sri Lanka is largely voluntary. The underlying problem is not a shortage of jobs but the artificial gap between good jobs and bad ones. Policy efforts should be aimed at reducing the gap between good and bad jobs by making product markets more competitive, reducing excessive job security, and reforming government policies on pay and employment. Sri Lanka's high unemployment rate has been attributed to a mismatch of skills, to queuing for public sector jobs, and to stringent job security regulations. But the empirical evidence supporting these explanations is weak. Rama takes a fresh look at the country's unemployment problem, using individual records from the 1995 Labor Force Survey and time series for wages in the economy's formal and informal sectors. He assesses, and rejects, the skills mismatch hypothesis by comparing the impact of educational attainment on the actual wages of those who have a job with the effect on the lowest acceptable wages of the unemployed. However, he finds substantial rents associated with jobs in the public sector and in private sector activities protected by high tariffs or covered by job security regulations. A time-series analysis of the impact of unemployment on wage increases across sectors supports the hypothesis that most of the unemployed are waiting for good job openings but are not interested in readily available bad jobs. In short, unemployment in Sri Lanka is largely voluntary. The problem is not a shortage of jobs but the artificial gap between good and bad jobs. Policy efforts should be aimed at reducing the gap between good and bad jobs by making product markets more competitive, by reducing excessive job security, and by reforming government policies on pay and employment. This paper was written as part of a broader labor study undertaken by the Poverty Reduction and Economic Management Sector Unit, South Asia Region. The study was also supported by the Bank's Research Support Budget under the research project The Impact of Labor Market Policies and Institutions on Economic Performance (RPO 680-96). The author may be contacted at mramaworldbank.org
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  • 72
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    Market Access Advances and Retreats : The Uruguay Round and Beyond (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (80 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Finger, Michael J Market Access Advances and Retreats
    Keywords: Agricultural Products ; Agricultural Trade ; Antidumping ; Antidumping Cases ; Border Protection ; Concessions ; Currencies and Exchange Rates ; Debt Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Industrial Products ; International Economics & Trade ; International Trade and Trade Rules ; Law and Development ; Market Access ; Public Sector Development ; Quantitative Restrictions ; Reciprocal Concessions ; Rules of Origin ; Tariff ; Tariff Concessions ; Tariff Levels ; Tariff Rates ; Tariff Reductions ; Tariffs ; Trade Law ; Trade Policy ; Trade Restrictions ; World Trade ; World Trade Organization ; Agricultural Products ; Agricultural Trade ; Antidumping ; Antidumping Cases ; Border Protection ; Concessions ; Currencies and Exchange Rates ; Debt Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Industrial Products ; International Economics & Trade ; International Trade and Trade Rules ; Law and Development ; Market Access ; Public Sector Development ; Quantitative Restrictions ; Reciprocal Concessions ; Rules of Origin ; Tariff ; Tariff Concessions ; Tariff Levels ; Tariff Rates ; Tariff Reductions ; Tariffs ; Trade Law ; Trade Policy ; Trade Restrictions ; World Trade ; World Trade Organization
    Abstract: Uruguay Round negotiations on market access were a success. Tariff cuts covered a larger share of world trade than those of the Kennedy or Tokyo Rounds and will save importers some
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  • 73
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    Beyond Capital Ideals : Restoring Banking Stability (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (46 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Honohan, Patrick Beyond Capital Ideals
    Keywords: Bank ; Bank Failures ; Bankers ; Banking ; Banking Crises ; Banking Stability ; Banks ; Banks and Banking Reform ; Capital ; Capital Adequacy ; Capital Flows ; Debt Markets ; Economies ; Emerging Markets ; Emerging Markets ; Externalities ; Finance ; Finance and Financial Sector Development ; Financial Crises ; Financial Deepening ; Financial Literacy ; Financial Markets ; Financial Systems ; Inflation ; Infrastructure ; Private Sector Development ; Bank ; Bank Failures ; Bankers ; Banking ; Banking Crises ; Banking Stability ; Banks ; Banks and Banking Reform ; Capital ; Capital Adequacy ; Capital Flows ; Debt Markets ; Economies ; Emerging Markets ; Emerging Markets ; Externalities ; Finance ; Finance and Financial Sector Development ; Financial Crises ; Financial Deepening ; Financial Literacy ; Financial Markets ; Financial Systems ; Inflation ; Infrastructure ; Private Sector Development
    Abstract: Hard on the heels of Mexico's crisis in 1994, a wave of financial crises swept across emerging economies - from East Asia and Russia to Brazil - bringing the fragility of banking and finance into unprecedented focus. What has gone wrong? - Caprio and Honohan examine why emerging markets, in particular, are susceptible to and affected by financial difficulties. They show that these difficulties have a richer, more complex structure than they are sometimes believed to have - with marked information asymmetries and substantial volatility. The sources of heightened regulatory failure in emerging markets in recent years include the volatility of real and nominal shocks, the difficulty of operating in uncharted territory after financial liberalization and other changes in regime, and the political pressures that can inhibit the enforcement of prudential regulation. Caprio and Honohan discuss what stronger regulation can and cannot accomplish, as well as options to improve the incentive structure for bankers, regulators, and other market participants. They probe the shortcomings of a regulatory paradigm that relies mainly on supervised capital adequacy and discuss the possible intermittent application of supplementary blunt instruments as an interim solution while longer-term reforms are being put in place. Certain well-worn messages remain valid, but are respected more in theory than in practice. There would be fewer problems, the authors say, if there were: · More diversification. · More balanced financial structures (for example, as between debt and equity). · More foreign banks in emerging markets' financial systems. · Better enforcement of both contracts and regulations. Participants in the financial sector will constantly try to get around rules that limit their profitability, so regulation must be seen as an evolutionary struggle. Prevention of financial failure is not costless, and a heavy repressive hand is not warranted. But a richer regulatory palette can be used to protect financial systems more successfully against crisis while preserving the systems' growth-enhancing effectiveness. This paper is a joint product of Finance, Development Research Group, and the Financial Sector Practice Department. The authors may be contacted at gcaprioworldbank.org or phonohan@worldbank.org
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  • 74
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    The EU Factor in the Trade Policies of Central European Countries (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kaminski, Bartlomiej The EU Factor in the Trade Policies of Central European Countries
    Keywords: Applied Tariff ; Autonomy ; Border Protection ; Currencies and Exchange Rates ; Debt Markets ; Domestic Producers ; Economic Theory and Research ; Emerging Markets ; Exchange Rates ; Finance and Financial Sector Development ; Foreign Trade ; Foreign Trade Policy ; Free Trade ; Free Trade ; International Economics & Trade ; International Trade ; International Trade Policies ; Law and Development ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Public Sector Development ; Regional Integration ; Tariff ; Tariff Barriers ; Tariff Rates ; Tariffs ; Trade ; Trade Law ; Trade Liberalization ; Trade Policies ; Trade Policy ; Trade Regimes ; Trade and Regional Integration ; Applied Tariff ; Autonomy ; Border Protection ; Currencies and Exchange Rates ; Debt Markets ; Domestic Producers ; Economic Theory and Research ; Emerging Markets ; Exchange Rates ; Finance and Financial Sector Development ; Foreign Trade ; Foreign Trade Policy ; Free Trade ; Free Trade ; International Economics & Trade ; International Trade ; International Trade Policies ; Law and Development ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Public Sector Development ; Regional Integration ; Tariff ; Tariff Barriers ; Tariff Rates ; Tariffs ; Trade ; Trade Law ; Trade Liberalization ; Trade Policies ; Trade Policy ; Trade Regimes ; Trade and Regional Integration
    Abstract: Despite strong protectionist sentiments, trade regimes have remained open in Central European countries invited to negotiate their accession to the European Union. Regional disciplines (the EU factor), combined with the legacy of low tariffs under GATT commitments, appear to have offset domestic protectionist impulses. - Kaminski examines the development of foreign trade institutions and policies in Central European countries invited to negotiate their accession to the European Union. With the dismantling of state trading, conditions of market access have been dramatically liberalized. However, except for Estonia and, to a lesser extent, the Czech Republic, most Central European countries have followed a policy of bilateral rather than multilateral trade liberalization. The fall in tariff rates on preferential imports has prompted a search for nontariff barriers, but these countries' trade regimes have remained open - which is surprising, considering the strong protectionist sentiments in economic administration. Regional disciplines (the EU factor), combined with the legacy of low tariffs under GATT commitments, appear to have been responsible for this openness. Foreign trade policy has been shaped by tensions between domestic protectionist impulses and pressures from the European Union (and other World Trade Organization members) to improve conditions of market access. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to examine trade and integration issues. The author may be contacted at bkaminskiworldbank.org
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  • 75
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    Designing Pro-Poor Water and Sewer Concessions : Early Lessons from Bolivia (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Komives, Kristin Designing Pro-Poor Water and Sewer Concessions
    Keywords: Concession Contracts ; Contract Objectives ; Cost Recovery ; Financial Incentives ; Industry ; Low-Income Households ; Private Companies ; Private Participation ; Public Utility ; Public Water ; Sanitation Service ; Sanitation Services ; Sanitation Solutions ; Service Providers ; Service Supplier ; Sewer Service ; Town Water Supply and Sanitation ; Urban Areas ; Urban Water Supply and Sanitation ; Utility Model ; Water ; Water Conservation ; Water Resources ; Water Sector ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water Utilities ; Water and Industry ; Concession Contracts ; Contract Objectives ; Cost Recovery ; Financial Incentives ; Industry ; Low-Income Households ; Private Companies ; Private Participation ; Public Utility ; Public Water ; Sanitation Service ; Sanitation Services ; Sanitation Solutions ; Service Providers ; Service Supplier ; Sewer Service ; Town Water Supply and Sanitation ; Urban Areas ; Urban Water Supply and Sanitation ; Utility Model ; Water ; Water Conservation ; Water Resources ; Water Sector ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water Utilities ; Water and Industry
    Abstract: To design pro-poor concession arrangements in the water sector, policymakers must pay careful attention to how the proposed contract, and existing or proposed regulations, will affect private concessionaires' ability, obligations, and financial incentives to serve low-income households. - The Bolivian government awarded a concession for water and sewer services in La Paz and El Alto in 1997. One goal of doing so was to expand in-house water and sewer service to low-income households. Komives uses the Aguas del Illimani case to explore how the design of typical concession agreements (with monopoly private service suppliers) can affect outcomes in poor neighborhoods. She finds that outcomes in services can be affected by the concession contracts, by the contract bid process, by sector regulations, and by regulatory arrangements. To increase the likelihood of improvements in low-income areas, policymakers should: · Make contract objectives clear and easily measurable. · Eliminate policy barriers to serving the poor (including property title requirements and service boundaries that exclude poor neighborhoods). · Design financial incentives consistent with service expansion or improved objectives for low-income areas. Contracts are subject to negotiation, so expansion or connection mandates alone do not guarantee that concessionaires will serve poor areas. Provisions and standards that reduce service options (for example, requirements that eliminate all alternatives to in-house connections) or restrict the emergence of new service providers (for example, granting exclusivity in the service area) could do more harm than good. In two years of operation, Aguas del Illimani met its first expansion mandate and took many steps to facilitate the expansion of in-house water connections in low-income areas. The company and the Bolivian water regulator were willing to discuss and seek possible solutions to problems associated with servicing poor neighborhoods. It is too early to tell whether these gains will be sustainable or to predict how privatization will ultimately affect poor households in La Paz and El Alto. This paper - a product of Private Participation in Infrastructure, Private Sector Development Department - is part of a larger effort in the department to analyze and disseminate the principles of, and good practice for, improving service options for the poor through reforms for private participation in infrastructure. The author may be contacted at komivesemail.unc.edu
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  • 76
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    Does Deposit Insurance Increase Banking System Stability? : An Empirical Investigation (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Detragiache, Enrica Does Deposit Insurance Increase Banking System Stability?
    Keywords: Asset Portfolio ; Asset Quality ; Bank Asset ; Bank Depos Banking Crises ; Banking Market ; Banking Sector ; Banking System ; Banks and Banking Reform ; Central Bank ; Currencies and Exchange Rates ; Debt Markets ; Depos Deposit Insurance ; Depositor ; Depositors ; Deposits ; Developing Countries ; Emerging Markets ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Financial Intermediation ; Financial Literacy ; Insurance Law ; Insurance and Risk Mitigation ; Law and Development ; Liquidity ; Loan ; Monetary Fund ; Moral Hazard ; National Bank ; Private Sector Development ; Asset Portfolio ; Asset Quality ; Bank Asset ; Bank Depos Banking Crises ; Banking Market ; Banking Sector ; Banking System ; Banks and Banking Reform ; Central Bank ; Currencies and Exchange Rates ; Debt Markets ; Depos Deposit Insurance ; Depositor ; Depositors ; Deposits ; Developing Countries ; Emerging Markets ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Financial Intermediation ; Financial Literacy ; Insurance Law ; Insurance and Risk Mitigation ; Law and Development ; Liquidity ; Loan ; Monetary Fund ; Moral Hazard ; National Bank ; Private Sector Development
    Abstract: Explicit deposit insurance tends to be detrimental to bank stability - the more so where bank interest rates are deregulated and the institutional environment is weak. - Based on evidence for 61 countries in 1980-97, Demirgüç-Kunt and Detragiache find that explicit deposit insurance tends to be detrimental to bank stability, the more so where bank interest rates are deregulated and the institutional environment is weak. The adverse impact of deposit insurance on bank stability tends to be stronger the more extensive is the coverage offered to depositors, and where the scheme is funded and run by the government rather than the private sector. This paper - a product of Finance, Development Research Group - is part of a larger effort in the group to study deposit insurance. The study was funded by the Bank's Research Support Budget under the research project Deposit Insurance: Issues of Principle, Design, and Implementation (RPO 682-90). The authors may be contacted at ademirguckuntworldbank.org or edetragiache@imf.org
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  • 77
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    Universal Service Obligations in Utility Concession Contracts and the Needs of the Poor in Argentina's Privatizations (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Estache, Antonio Universal Service Obligations in Utility Concession Contracts and the Needs of the Poor in Argentina's Privatizations
    Keywords: Bank ; Communities & Human Settlements ; Consumer ; Consumers ; Customers ; Debt Markets ; Demand ; Disabilities ; E-Business ; Economic Theory and Research ; Emerging Markets ; Energy ; Energy Production and Transportation ; Expenses ; Finance and Financial Sector Development ; Financial Literacy ; Housing and Human Habitats ; Income ; Income Level ; Industry ; Investment ; Lack Of Interest ; Macroeconomics and Economic Growth ; Markets and Market Access ; Pensioners ; Population ; Private Sector Development ; Profits ; Public Sector Economics and Finance ; Savings ; Subsidies ; Supply ; Technology Industry ; Valuable ; Valuation ; Worth ; Bank ; Communities & Human Settlements ; Consumer ; Consumers ; Customers ; Debt Markets ; Demand ; Disabilities ; E-Business ; Economic Theory and Research ; Emerging Markets ; Energy ; Energy Production and Transportation ; Expenses ; Finance and Financial Sector Development ; Financial Literacy ; Housing and Human Habitats ; Income ; Income Level ; Industry ; Investment ; Lack Of Interest ; Macroeconomics and Economic Growth ; Markets and Market Access ; Pensioners ; Population ; Private Sector Development ; Profits ; Public Sector Economics and Finance ; Savings ; Subsidies ; Supply ; Technology Industry ; Valuable ; Valuation ; Worth
    Abstract: The structural changes that come with privatization may induce a reconsideration of the regulations defined during the early stages of privatization. - Chisari and Estache summarize the main lessons emerging from Argentina's experience, including universal service obligations in concession contracts. They discuss free-riding risks, moral hazard problems, and other issues that arise when social concerns are delegated to private operators. After reporting on Argentina's experience, Chisari and Estache suggest some guidelines: · Anticipate interjurisdictional externalities. Users' mobility makes targeting service obligations difficult. · Minimize the risks imposed by elusive demand. In providing new services, a gradual policy may work better than a shock. · Realize that unemployment leads to delinquency and lower expected tariffs. Elasticity of fixed and usage charges is important. · Deal with the fact that the poor have limited access to credit. Ultimately, plans that included credit for the payment of infrastructure charges were not that successful. · Coordinate regulatory, employment, and social policy. One successful plan to provide universal service involved employing workers from poor families in infrastructure extension works. · Beware of the latent opportunism of users who benefit from special programs. Special treatment of a sector may encourage free-riding (for example, pensioners overused the telephone until a limit was placed on the number of subsidized phone calls they could make). · Fixed allocations for payment of services do not ensure that universal service obligations will be met. How do you deal with the problem that many pensioners do not pay their bills? · Anticipate that operators will have more information than regulators do. If companies exaggerate supply costs in remote areas, direct interaction with poor users there may lead to the selection of more cost-effective technologies. · Tailored programs are often much more effective than standardized programs. They are clearly more expensive but, when demand-driven, are also more effective. This paper - a product of Governance, Regulation, and Finance, World Bank Institute - is part of a larger effort in the institute to increase understanding of infrastructure regulation. The authors may be contacted at ochisariuade.edu or aestache@worldbank.org
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  • 78
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    Predicting Currency Fluctuations and Crises : Do Resident Firms Have an Informational Advantage? (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Schmukler, Sergio Predicting Currency Fluctuations and Crises
    Keywords: Asymmetric Information ; Balance Of Payments ; Balance Of Payments Crises ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Devaluation ; E-Business ; Emerging Markets ; Exchange ; Exchange Rate ; Finance and Financial Sector Development ; Financial Crises ; Financial Literacy ; Financial Markets ; Future ; Interest ; Interest Rate ; Interest Rate Differentials ; International Cred International Financial Markets ; Investors ; Local Business ; Local Investors ; Mutual Funds ; Private Sector Development ; Sovereign Debt ; Asymmetric Information ; Balance Of Payments ; Balance Of Payments Crises ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Devaluation ; E-Business ; Emerging Markets ; Exchange ; Exchange Rate ; Finance and Financial Sector Development ; Financial Crises ; Financial Literacy ; Financial Markets ; Future ; Interest ; Interest Rate ; Interest Rate Differentials ; International Cred International Financial Markets ; Investors ; Local Business ; Local Investors ; Mutual Funds ; Private Sector Development ; Sovereign Debt
    Abstract: December 1999 - Markets have had limited success predicting crises and might do better by drawing on private information available to resident enterprise managers, who seem to know better than markets about future movements in exchange rates. Kaufmann, Mehrez, and Schmukler investigate whether resident enterprise managers have an informational advantage about the countries in which they work. They propose a method for extracting information available to resident managers but unknown to investors and forecasters. They test their hypothesis of informational advantage using a unique data set, the Global Competitiveness Survey. The survey asks local managers about their outlook for the country in which they reside. They find that local managers do have useful private information. Local managers' responses improve on conventional forecasts of future volatility and changes in the exchange rate, which are based on economic fundamentals or interest rate differentials. They find that the local business community perceived in advance the recent crises in the Republic of Korea, Russia, and Thailand, but not those in Indonesia and Malaysia. Markets have had limited success predicting crises and might do better by drawing on private information available to resident enterprise managers, who seem to know better than markets about future movements in exchange rates. This paper - a product of Governance, Regulation, and Finance, World Bank Institute - is part of a larger effort in the institute to understand the roles of transparency and governance. The authors may be contacted at dkaufmannworldbank.org, mehrezg@gunet.georgetown.edu, or sschmukler@worldbank.org
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  • 79
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    When Is Growth Pro-Poor? : Evidence from the Diverse Experiences of India's States (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin When Is Growth Pro-Poor?
    Keywords: Absolute Poverty ; Economic Growth ; Farm Growth ; Farm Output ; Farm Productivity ; Food Policy ; Health, Nutrition and Population ; Household Income ; Household Surveys ; Human Development ; Inequality ; Measures ; Poor ; Population Policies ; Poverty ; Poverty Alleviation ; Poverty Measurement ; Poverty Reducing ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural ; Rural Development ; Rural Development ; Rural Living Standards ; Rural Poverty Reduction ; Absolute Poverty ; Economic Growth ; Farm Growth ; Farm Output ; Farm Productivity ; Food Policy ; Health, Nutrition and Population ; Household Income ; Household Surveys ; Human Development ; Inequality ; Measures ; Poor ; Population Policies ; Poverty ; Poverty Alleviation ; Poverty Measurement ; Poverty Reducing ; Poverty Reduction ; Poverty Reduction ; Pro-Poor Growth ; Rural ; Rural Development ; Rural Development ; Rural Living Standards ; Rural Poverty Reduction
    Abstract: December 1999 - Nonfarm economic growth in India had very different effects on poverty in different states. Nonfarm growth was least effective at reducing poverty in states where initial conditions were poor in terms of rural development and human resources. Among initial conditions conducive to pro-poor growth, literacy plays a notably positive role. Ravallion and Datt use 20 household surveys for India's 15 major states, spanning 1960-94, to study how initial conditions and the sectoral composition of economic growth interact to influence how much economic growth reduced poverty. The elasticities of measured poverty to farm yields and development spending did not differ significantly across states. But the elasticities of poverty to (urban and rural) nonfarm output varied appreciably, and the differences were quantitatively important to the overall rate of poverty reduction. States with initially lower farm productivity, lower rural living standards relative to those in urban areas, and lower literacy experienced a less pro-poor growth process. This paper - a joint product of Poverty and Human Resources, Development Research Group, and the Poverty Reduction and Economic Management Sector Unit, South Asia Region - is part of a larger effort in the Bank to better understand the conditions required for pro-poor growth. The authors may be contacted at mravallionworldbank.org or gdatt@worldbank.org
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  • 80
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    Pollution Charges, Community Pressure, and Abatement Cost of Industrial Pollution in China (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Wang, Hua Pollution Charges, Community Pressure, and Abatement Cost of Industrial Pollution in China
    Keywords: Abatement ; Brown Issues and Health ; Demand ; Empirical Analysis ; Empirical Studies ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Protection ; Environmental Sciences ; Green Issues ; Incentives ; Industrial Water ; Industry ; Marginal Abatement ; Pollution ; Pollution Abatement ; Pollution Charges ; Pollution Control ; Pollution Discharge ; Prices ; Public Sector Development ; Regulation ; Standards ; Water ; Water Pollution ; Water Resources ; Water and Industry ; Abatement ; Brown Issues and Health ; Demand ; Empirical Analysis ; Empirical Studies ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Protection ; Environmental Sciences ; Green Issues ; Incentives ; Industrial Water ; Industry ; Marginal Abatement ; Pollution ; Pollution Abatement ; Pollution Charges ; Pollution Control ; Pollution Discharge ; Prices ; Public Sector Development ; Regulation ; Standards ; Water ; Water Pollution ; Water Resources ; Water and Industry
    Abstract: May 2000 - Community pressure may be as strong an incentive for industrial firms to control pollution in China as pollution levies are. Wang evaluates the strength of the effect that community pressure and pollution charges have on industrial pollution control in China and estimates the marginal cost of pollution abatement. He examines a well-documented set of plant-level data, combined with community-level data, to assess the impact of pollution charges and community pressure on industrial behavior in China. He constructs and estimates an industrial organic water pollution discharge model for plants that violate standards for pollution discharge, pay pollution charges, and are constantly under community pressure to further abate pollution. He creates a model and estimates implicit prices for pollution discharges from community pressure, which are determined jointly by the explicit price, the pollution levy. He finds that the implicit discharge price is at least as high as the explicit price. In other words, community pressure not only exists but may be as strong an incentive as the pollution charge is for industrial firms to control pollution in China. Wang's modeling approach also provides a way to estimate the marginal cost of pollution abatement. The empirical results show that the current marginal cost of abatement is about twice the effective charge rate in China. This paper - a product of Infrastructure and Environment, Development Research Group - is part of a larger effort in the group to study environmental regulation in developing countries. The author may be contacted at hwang1worldbank.org
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  • 81
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    What Can We Learn about Country Performance from Conditional Comparisons across Countries? (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (26 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin What Can We Learn about Country Performance from Conditional Comparisons across Countries?
    Keywords: Crime and Society ; Developing Countries ; Development Assistance ; Development Policy ; Dissemination ; Finance and Financial Sector Development ; Financial Literacy ; Health Care ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Human Development ; Income Inequality ; Inequality ; Infant ; Infant Mortality ; Knowledge ; Level Of Poverty ; Life Expectancy ; Policy Discussions ; Policy Implications ; Population ; Population Policies ; Poverty ; Poverty Reduction ; Practitioners ; Pro-Poor Growth ; Services and Transfers to Poor ; Social Development ; Social Policies ; Social Services ; Crime and Society ; Developing Countries ; Development Assistance ; Development Policy ; Dissemination ; Finance and Financial Sector Development ; Financial Literacy ; Health Care ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Human Development ; Income Inequality ; Inequality ; Infant ; Infant Mortality ; Knowledge ; Level Of Poverty ; Life Expectancy ; Policy Discussions ; Policy Implications ; Population ; Population Policies ; Poverty ; Poverty Reduction ; Practitioners ; Pro-Poor Growth ; Services and Transfers to Poor ; Social Development ; Social Policies ; Social Services
    Abstract: May 2000 - Existing methods for assessing latent country or institutional performance can yield deceptive results. There have been many attempts to infer latent performance attributes of governments (or other institutions) from conditional comparisons that control for observed variables. Success in doing so could greatly improve government performance. Ravallion critically reviews the econometric foundations of the methods used. He argues that latent heterogeneity remains a fundamental but unresolved problem. Locating a benchmark for measuring performance adds a further problem. Current methods do not yield a consistent estimate of even the mean latent performance attribute. An assessment of country performance by these methods could well be wildly wrong. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to assess and improve methods for monitoring and assessing country performance. The study was funded by the Bank's Research Support Budget under the research project Policies for Poor Areas (RPO 681-39). The author may be contacted at mravallionworldbank.org
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  • 82
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    Malaria and Growth (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McCarthy, Desmond F Malaria and Growth
    Keywords: Anopheles Mosquitoes ; Climate Change ; Communicable Diseases ; Disability ; Disease Control and Prevention ; Diseases ; Early Child and Children's Health ; Effects ; Environment ; Females ; Health ; Health Indicators ; Health Monitoring and Evaluation ; Health Service Management and Delivery ; Health, Nutrition and Population ; Illnesses ; Impact Of Malaria ; Life ; Malaria ; Malaria ; Malaria Incidence ; Malaria Morbidity ; Malaria Mortality ; Medical Treatment ; Morbidity And Mortality ; Nutrition ; Parasitic Disease ; Population Policies ; Poverty Reduction ; Poverty and Health ; Public Health ; Tuberculosis ; Vaccine ; Anopheles Mosquitoes ; Climate Change ; Communicable Diseases ; Disability ; Disease Control and Prevention ; Diseases ; Early Child and Children's Health ; Effects ; Environment ; Females ; Health ; Health Indicators ; Health Monitoring and Evaluation ; Health Service Management and Delivery ; Health, Nutrition and Population ; Illnesses ; Impact Of Malaria ; Life ; Malaria ; Malaria ; Malaria Incidence ; Malaria Morbidity ; Malaria Mortality ; Medical Treatment ; Morbidity And Mortality ; Nutrition ; Parasitic Disease ; Population Policies ; Poverty Reduction ; Poverty and Health ; Public Health ; Tuberculosis ; Vaccine
    Abstract: March 2000 - Malaria ranks among the foremost health problems in tropical countries. Allowing for reverse causation, malaria is estimated to reduce GDP per capita growth rates by at least a quarter percentage point a year in many Sub-Saharan countries. McCarthy, Wolf, and Wu explore the two-sided link between malaria morbidity and GDP per capita growth. Climate significantly affects cross-country differences in malaria morbidity. Tropical location is not destiny, however: greater access to rural health care and greater income equality are associated with lower malaria morbidity. But the interpretation of this link is ambiguous: does greater income equality allow for improved anti-malaria efforts, or does malaria itself increase income inequality? Allowing for two-sided causation, McCarthy, Wolf, and Wu find a significant negative causal effect running from malaria morbidity to the growth rate of GDP per capita. In about a quarter of their sample countries, malaria is estimated to reduce GDP per capita growth by at least 0.25 percentage point a year. This paper - a product of Public Economics, Development Research Group - is part of a larger effort in the group to study the health-environment-economy nexus. This study was funded by the Bank's Research Support Budget under the research project Health, Environment, and the Economy (RPO 683-73). The authors may be contacted at fmccarthyworldbank.org and holger.wolf@mailexcite.com
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  • 83
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    Surveying Surveys and Questioning Questions : Learning from World Bank Experience (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (50 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Xu, Lixin Surveying Surveys and Questioning Questions
    Keywords: Accounting ; Bankruptcy ; Banks and Banking Reform ; Capital Stock ; Corporate Governance ; Debt Markets ; Developing Countries ; E-Business ; Economic Theory and Research ; Emerging Markets ; Entry Barriers ; Finance and Financial Sector Development ; Financial Literacy ; Firm Performance ; Future ; Goods ; Human Capital ; ICT Policy and Strategies ; Information and Communication Technologies ; Investment ; Labor Policies ; Macroeconomics and Economic Growth ; Market ; Market Environment ; Market Structure ; Micro Data ; Microfinance ; Political Economy ; Private Sector Development ; Share ; Social Protections and Labor ; Stock ; Transaction ; Transition Countries ; Transition Economies ; Accounting ; Bankruptcy ; Banks and Banking Reform ; Capital Stock ; Corporate Governance ; Debt Markets ; Developing Countries ; E-Business ; Economic Theory and Research ; Emerging Markets ; Entry Barriers ; Finance and Financial Sector Development ; Financial Literacy ; Firm Performance ; Future ; Goods ; Human Capital ; ICT Policy and Strategies ; Information and Communication Technologies ; Investment ; Labor Policies ; Macroeconomics and Economic Growth ; Market ; Market Environment ; Market Structure ; Micro Data ; Microfinance ; Political Economy ; Private Sector Development ; Share ; Social Protections and Labor ; Stock ; Transaction ; Transition Countries ; Transition Economies
    Abstract: March 2000 - How to make firm-level surveys more consistent, yielding data more relevant to policy analysis. The World Bank has increasingly focused on firm-level surveys to build the data foundation needed for accurate policy analysis in developing and transition economies. Recanatini, Wallsten, and Xu take stock of some recent Bank surveys and discuss how to improve their results. Lessons on data issues and hypothesis testing: · Use panel data, if possible. · Have enough information about productivity to estimate a production function. · Avoid the paradigm of list the severity of the obstacle/problem on a scale of 1 to 5. Instead, ask for data on specific dimensions of the problem that will shed light on alternative hypotheses and policy recommendations. · Pick particular disaggregated industries and sample those industries in each survey. · Identify the most important policy interventions of interest and consider how you will empirically identify specific changes by picking instruments useful for doing so. Lessons on questionnaire design: · Incorporate only one idea or dimension in each question. Do not ask, in one question, about the quality, integrity, and efficiency of services, for example. · Consider the costs and benefits of numeric scales compared with adjectival scales. Scales in which each point is labeled may be more precise than numeric scales in which only the endpoints are labeled. But responses are very sensitive to the exact adjective chosen and it may be impossible to translate adjectives precisely across languages, making it impossible to compare responses across countries. · Recognize that the share of respondents expressing opinions will be biased upward if the survey does not include a middle (indifferent or don't know) category and downward if it does include the middle category. · When asking degree-of-concern and how-great-an-obstacle questions, consider first asking a filter question (such as Do you believe this regulation is an obstacle or not?). If the answer is yes, then ask how severe the obstacle is. · Be aware of the effects of context. The act of asking questions can affect the answers given on subsequent, related questions. · Think carefully about how to ask sensitive questions. Consider using a self-administered module for sensitive questions. Alternatively, a randomized response mechanism may be a useful, truth-revealing mechanism. This paper - a product of Regulation and Competition Policy, Development Research Group - is part of a larger effort in the group to develop consistent cross-country firm level surveys. The authors may be contacted at frecanatiniworldbank.org, wallsten@leland.stanford.edu, or lxu1@worldbank.org
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    A New Model for Market-Based Regulation of Subnational Borrowing : The Mexican Approach (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Giugale, Marcelo A New Model for Market-Based Regulation of Subnational Borrowing
    Keywords: Bank ; Banks ; Banks and Banking Reform ; Borrowing ; Capital ; Commercial Banks ; Cred Debt ; Debt Markets ; Decentralization ; Deposits ; Economic Theory and Research ; Emerging Markets ; Externalities ; Finance and Financial Sector Development ; Financial Intermediation ; Financial Literacy ; Financial Performance ; Governments ; Institutional Development ; Interest ; Interest Rates ; Lending ; Loans ; Macroeconomic Stability ; Macroeconomics and Economic Growth ; Moral Hazard ; Private Sector Development ; Risk ; Bank ; Banks ; Banks and Banking Reform ; Borrowing ; Capital ; Commercial Banks ; Cred Debt ; Debt Markets ; Decentralization ; Deposits ; Economic Theory and Research ; Emerging Markets ; Externalities ; Finance and Financial Sector Development ; Financial Intermediation ; Financial Literacy ; Financial Performance ; Governments ; Institutional Development ; Interest ; Interest Rates ; Lending ; Loans ; Macroeconomic Stability ; Macroeconomics and Economic Growth ; Moral Hazard ; Private Sector Development ; Risk
    Abstract: July 2000 - To bring fiscal discipline to state and municipal governments, Mexico's federal government has established a two-pillar framework that explicitly renounces federal bail-outs and establishes a Basel-consistent link between the capital-risk weighting of bank loans to subnational governments and the borrower's credit rating. Whether the framework succeeds will depend partly on market assessments of the government's commitment to enforce bank capital rules and refrain from bailing out defaulting subnational governments. Faced with weak subnational finances that pose a risk to macroeconomic stability, Mexico's federal government in April 2000 established an innovative incentive framework to bring fiscal discipline to state and municipal governments. That framework is based on two pillars: an explicit renunciation of federal bail-outs and a Basel-consistent link between the capital-risk weighting of bank loans to subnational governments and the borrower's credit rating. In theory, this new regulatory arrangement should reduce moral hazard among banks and their state and municipal clients; differentiate interest rates on the basis of the borrowers' creditworthiness; and elicit a strong demand for institutional development at the subnational level. But its success will depend on three factors critical to implementation: · Whether markets find the federal commitment not to bail out defaulting subnational governments credible. · Whether subnational governments have access to financing other than bank loans. · How well bank capital rules are enforced. This paper - a product of the Mexico- Country Department and Poverty Reduction and Economic Management Sector Unit, Latin America and the Caribbean Region - is part of a larger effort in the region to understand the subnational underpinnings of sustainable, national economic framework. The authors may be contacted at mgiugaleworldbank.org, akorobow@worldbank.org, or swebb@worldbank.org
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    Should Credit Be Given for Autonomous Liberalization in Multilateral Trade Negotiations? (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mattoo, Aaditya Should Credit Be Given for Autonomous Liberalization in Multilateral Trade Negotiations?
    Keywords: Currencies and Exchange Rates ; Currency ; Debt Markets ; Dispute Settlement ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Free Trade ; Insurance and Risk Mitigation ; International Economics & Trade ; International Trade and Trade Rules ; Macroeconomics and Economic Growth ; Multilateral Liberalization ; Multilateral Negotiations ; Private Sector Development ; Public Sector Development ; Reciprocal Concessions ; Tariff ; Tariff Reductions ; Tariff Schedule ; Tariffs ; Terms Of Trade ; Terms Of Trade Loss ; Trade ; Trade Liberalization ; Trade Negotiations ; Trade Policy ; Trade Policy ; Unilateral Liberalization ; Unilateral Reduction ; Unilateral Tariff Reduction ; World Trade ; World Trade Organization ; Currencies and Exchange Rates ; Currency ; Debt Markets ; Dispute Settlement ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Free Trade ; Insurance and Risk Mitigation ; International Economics & Trade ; International Trade and Trade Rules ; Macroeconomics and Economic Growth ; Multilateral Liberalization ; Multilateral Negotiations ; Private Sector Development ; Public Sector Development ; Reciprocal Concessions ; Tariff ; Tariff Reductions ; Tariff Schedule ; Tariffs ; Terms Of Trade ; Terms Of Trade Loss ; Trade ; Trade Liberalization ; Trade Negotiations ; Trade Policy ; Trade Policy ; Unilateral Liberalization ; Unilateral Reduction ; Unilateral Tariff Reduction ; World Trade ; World Trade Organization
    Abstract: June 2000 - As each new round of multilateral trade negotiations approaches, there is a demand for a negotiating rule that would give credit for previous unilateral liberalization. The feasibility and desirability of such a rule depend on when it is instituted. As each new round of multilateral trade negotiations approaches, there is a demand for a negotiating rule that would give credit for autonomous (unilateral) liberalization. Mattoo and Olarreaga show that the feasibility and desirability of such a rule depend on when it is instituted. A credit rule established at the beginning of a round of negotiations has a primarily distributional effect, favoring those who have already undertaken liberalization. Implementing such a rule would depend on the generosity of those who have not liberalized. The authors propose instead establishing a credit rule at the end of a round of negotiations, which creates an ex ante assurance that any unilateral liberalization will receive credit in the next round. Such a rule would help induce or enhance liberalization in some countries between negotiating rounds by reducing the gains from retaining protection as negotiating currency. More strikingly, it could also lead to deeper levels of multilateral liberalization and induce other countries to go further than they would in the absence of a rule. Most important, such an ex ante rule would not rely on altruism to be generally acceptable. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to improve trade policy in goods and services. The authors may be contacted at amattooworldbank.org or molarreaga@worldbank.org
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    Externalities and Production Efficiency (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (50 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Eskel, S. Gunnar Externalities and Production Efficiency
    Keywords: Commodity Taxes ; Economic Welfare ; Economics ; Efficiency ; Emission Standards ; Emission Tax ; Emissions ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Management ; Environmental Protection ; Externalities ; Macroeconomics and Economic Growth ; Marginal Costs ; Polluters ; Pollution ; Pollution Abatement ; Pollution Management and Control ; Production ; Revenue ; Taxation ; Taxation and Subsidies ; Taxes ; Commodity Taxes ; Economic Welfare ; Economics ; Efficiency ; Emission Standards ; Emission Tax ; Emissions ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Management ; Environmental Protection ; Externalities ; Macroeconomics and Economic Growth ; Marginal Costs ; Polluters ; Pollution ; Pollution Abatement ; Pollution Management and Control ; Production ; Revenue ; Taxation ; Taxation and Subsidies ; Taxes
    Abstract: April 2000 - Environmental improvements should be sought from different polluters (public or private, producer or consumer, rich or poor) at the same cost, regardless of the nature of the polluting activity. Under a plausible structure of monitoring costs, emissions standards play a central role. Eskeland brings together two of government's primary challenges: environmental protection and taxation to generate revenues. If negative externalities can be reduced not only by changes in consumption patterns but also by making each activity cleaner (abatement efforts), how shall inducements to various approaches be combined? If negative externalities are caused by agents as different as consumers, producers, and government, how does optimal policy combine inducements to reduce pollution? Intuitively it seems right to tax emissions neutrally, based on marginal damages - no matter which activity pollutes or whether the polluter is rich or poor, consumer or producer, private or public. Eskeland provides a theoretical basis for such simplicity. Three assumptions are critical to his analysis: · Returns to scale do not influence the traditional problem of revenue generation. · Consumers have equal access to pollution abatement opportunities (but he also relaxes this assumption). · Planners can differentiate policy instruments (emission taxes or abatement standards) by polluting good, and by whether the polluter is a consumer, producer, or government, but they cannot differentiate such instruments (or commodity taxes) by personal characteristics or make them nonlinear in individual emissions. Among Eskeland's findings and conclusions: Abatement efforts and consumption adjustments at all stages are optimally stimulated by a uniform emission tax levied simply where emissions occur. It simplifies things that optimal abatement is independent of whether the car is used by government, firms, or households - for weddings or for work. It also simplifies implementation that the stimulus to abatement at one stage (say, the factory) is independent of whether it yields emission reductions from the factory or from others (say, from car owners who buy the factory's products). Finally, ministers of finance and of the environment should coordinate efforts, but they need not engage in each other's business. The minister of environment need not know which commodities are elastic in demand and thus would bear a low commodity tax. The finance minister need not know which commodities or agents pollute or who pays emission taxes. This paper - a product of Public Economics, Development Research Group - is part of a larger effort in the group to establish principles for public intervention. The author may be contacted at geskelandworldbank.org
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    Give Growth and Macroeconomic Stability in Russia a Chance : Harden Budgets by Eliminating Nonpayments (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Pinto, Brian Give Growth and Macroeconomic Stability in Russia a Chance
    Keywords: Arrears ; Banks and Banking Reform ; Budget ; Budgets ; Corporate Governance ; Credibility ; Debt Markets ; Devaluation ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Foreign Direct Investment ; Government Spending ; Inflation ; Investment ; Investment Climate ; Macroeconomic Environment ; Macroeconomics and Economic Growth ; Nonpayment ; Nonpayments ; Oil Prices ; Private Sector Development ; Promissory Notes ; Public Debt ; Public Sector Economics and Finance ; Settlement ; Soft Budget Constraints ; Tax ; Taxation and Subsidies ; Arrears ; Banks and Banking Reform ; Budget ; Budgets ; Corporate Governance ; Credibility ; Debt Markets ; Devaluation ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Foreign Direct Investment ; Government Spending ; Inflation ; Investment ; Investment Climate ; Macroeconomic Environment ; Macroeconomics and Economic Growth ; Nonpayment ; Nonpayments ; Oil Prices ; Private Sector Development ; Promissory Notes ; Public Debt ; Public Sector Economics and Finance ; Settlement ; Soft Budget Constraints ; Tax ; Taxation and Subsidies
    Abstract: April 2000 - In Russia, implicit subsidies amounting to 10 percent of GDP per year in the form of nonpayments have stifled growth, contributed to the August 1998 macroeconomic crisis through their impact on public debt, and made at best a questionable contribution to equity. Hardening budgets requires that these nonpayments - or mutual arrears and noncash settlements among the government, the energy monopolies, and manufacturing firms - be eliminated with energy bills, taxes and budgetary spending settled on time and in cash. Pinto, Drebentsov, and Morozov analyze the links between Russia's disappointing growth performance in the second half of the 1990s, its costly and unsuccessful stabilization, the macroeconomic meltdown of 1998, and the spectacular rise of nonpayments. Nonpayments flourished in an environment of fundamental inconsistency between a macroeconomic policy geared at sharp disinflation and a microeconomic policy of bailing enterprises out through soft budget constraints. Heavy untargeted implicit subsidies flowing through the nonpayments system (amounting to 10 percent of GDP annually) have stifled growth, contributed to the August 1998 meltdown through their impact on public debt, and have made at best a questionable contribution to equity. Dismantling this system must be a top priority, along with promoting enterprise restructuring and growth (by hardening budget constraints) and medium-term macroeconomic stability (by reducing the size of subsidies). Getting the government out of the nonpayments system means settling all appropriately controlled budgetary expenditures on time and in cash, and eschewing spending arrears, thereby setting an example for enterprises and laying the groundwork for eliminating tax offsets at all levels of government, and insisting on cash tax payments. To stop energy-related subsidies would require not only that the government pay its own energy bills on time and in cash, but also that the energy monopolies be empowered to disconnect nonpaying clients. This will enable the government to insist that the energy monopolies in turn pay their own taxes in full and on time. This paper - a product of the Economics Unit, World Bank Office, Moscow - was produced as part of the Economic and Sector Work Program, Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Region
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    Financial Intermediary Distress in the Republic of Korea : Small Is Beautiful? (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ferri, Giovanni Financial Intermediary Distress in the Republic of Korea
    Keywords: Bank ; Bank Examinations ; Bank Of Korea ; Banking Systems ; Banks and Banking Reform ; Capital Adequacy ; Commercial Banks ; Cred Deposits ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Crises ; Financial Institutions ; Financial Intermediation ; Financial Literacy ; Financial Ratios ; Loans ; Merchant Banking ; Private Sector Development ; Risk ; Risk Management ; Savings ; Services ; Small Banks ; Supervisory Agencies ; Bank ; Bank Examinations ; Bank Of Korea ; Banking Systems ; Banks and Banking Reform ; Capital Adequacy ; Commercial Banks ; Cred Deposits ; Debt Markets ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Crises ; Financial Institutions ; Financial Intermediation ; Financial Literacy ; Financial Ratios ; Loans ; Merchant Banking ; Private Sector Development ; Risk ; Risk Management ; Savings ; Services ; Small Banks ; Supervisory Agencies
    Abstract: May 2000 - During a systemic financial crisis in Korea, the probability of financial distress was greater for large financial intermediaries (such as commercial banks and merchant banking corporations) than it was for tiny mutual savings and finance companies. Taking the Korean experience as a laboratory experiment in systemic financial crisis, Bongini, Ferri, and Kang analyze distress in individual institutions among two groups of financial intermediaries. They pool together a group of large financial intermediaries (commercial banks, merchant banking corporations) and another group of tiny mutual savings and finance companies. Both the too-big-to-fail doctrine and the credit channel approach suggest that the probability of distress would be greater for small intermediaries. But Bongini, Ferri, and Kang find that proportionately fewer small intermediaries were distressed than were large intermediaries. They offer two hypothetical explanations for this unexpected result: · Exchange rate exposure - a major shock to Korean intermediaries - was presumably negligible for the small financial intermediaries. · Small financial intermediaries allocated loans better, because of the peer monitoring natural to their mutual nature and deep local roots. Available data did not allow the authors to test the first hypothesis, but they did find support for the second one. Estimating a logit model, they find that the probability of distress was systematically smaller for the mutual savings and finance companies that stayed closer to their origins (for example, collecting many deposits as credit mutual installment savings) and for those with a longer history of doing business in their local community. This paper - a product of Finance, Development Research Group - is part of a larger effort in the group to study the financial crises in East Asia. The authors may be contacted at pbonginimi.unicatt.it, gferri@worldbank.orgor tkang@worldbank.org
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    Who Avoids and Who Escapes from Poverty during the Transition? : Evidence from Polish Panel Data, 1993 96 (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (60 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Okrasa, Wlodzimierz Who Avoids and Who Escapes from Poverty during the Transition?
    Keywords: Chronic Poverty ; Employment Income ; Farm Self-Employment ; Food Consumption ; Health, Nutrition and Population ; Household Budget ; Household Income ; Household Welfare ; Human Capital ; Human Development ; Idiosyncratic Shocks ; Income ; Income Inequality ; Measures ; Poor ; Population Policies ; Poverty ; Poverty Line ; Poverty Reduction ; Poverty Reduction ; Poverty Reduction Strategy ; Rural ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Unemployment ; Chronic Poverty ; Employment Income ; Farm Self-Employment ; Food Consumption ; Health, Nutrition and Population ; Household Budget ; Household Income ; Household Welfare ; Human Capital ; Human Development ; Idiosyncratic Shocks ; Income ; Income Inequality ; Measures ; Poor ; Population Policies ; Poverty ; Poverty Line ; Poverty Reduction ; Poverty Reduction ; Poverty Reduction Strategy ; Rural ; Rural Development ; Rural Poverty Reduction ; Services and Transfers to Poor ; Unemployment
    Abstract: November 1999 - There is a tendency toward chronic, long-term poverty in Poland. Most at risk: larger households, farm households, and households dependent on social welfare. Least at risk: households of employees or the self-employed, educated households, households headed by pensioners, households that are part of kinship networks, and households with liquid assets, durables, or access to financial resources. Among those who missed out on the benefits of the first phase of economic prosperity, children are overrepresented. Okrasa uses four-year panel data from Poland's Household Budget Survey to explore the distinction between transitory and long-term poverty, a crucial distinction in designing and evaluating poverty reduction strategies. Okrasa analyzes household welfare trajectories during the period 1993-96, to identify the long-term poor and to determine how relevant household asset endowments are as determinants of household poverty and vulnerability over time. He concludes that the chronically poor constitute a distinct and separate segment of the population, with low turnover. Among specific observations about factors that affect Poland's long-term poverty: · Variables in human capital significantly affected the pattern of repeated poverty and vulnerability. Larger households tended to experience poverty and vulnerability, mostly because they contained more children or other dependents. Households with elderly members and those headed by older people, by women rather than men, and by educated people of either gender were least likely to be poor. Poverty was unaffected by the presence of a disabled person in the household. · Households with liquid assets or durables, or with access to financial resources, were less likely to be poor and vulnerable. Households appeared to take advantage of credit and loans to maintain their current level of consumption rather than to augment their stock of assets. · Households that were part of kinship networks were less at risk of falling into chronic poverty or vulnerability. · Households headed by pensioners were least in danger of impoverishment. Those most in danger were farm households (including mixed households headed by workers with an agricultural holding) and households heavily dependent on social welfare. · Households of employees were better off than self-employed households when income-based measures of poverty were used but not when consumption-based measures were used. Neither group was significantly vulnerable. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to study the dynamics of poverty and the effectiveness of the safety net. The author may be contacted at wokrasaworldbank.org
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    Labor Market Integration in the Presence of Social Capital (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Schiff, Maurice Labor Market Integration in the Presence of Social Capital
    Keywords: Bonds ; Capital ; Cred Economic Performance ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equilibrium ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Health, Nutrition and Population ; Human Capital ; Labor Markets ; Labor Policies ; Liquidity ; Macroeconomics and Economic Growth ; Markets and Market Access ; Negative Externalities ; Population Policies ; Private Sector Development ; Production Function ; Production Functions ; Public Good ; Social Capital ; Social Development ; Social Protections and Labor ; Trade Barriers ; Transactions Costs ; Transport ; Transport Economics, Policy and Planning ; Unemployment ; Utility ; Utility Function ; Voters ; Welfare ; Bonds ; Capital ; Cred Economic Performance ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Equilibrium ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Health, Nutrition and Population ; Human Capital ; Labor Markets ; Labor Policies ; Liquidity ; Macroeconomics and Economic Growth ; Markets and Market Access ; Negative Externalities ; Population Policies ; Private Sector Development ; Production Function ; Production Functions ; Public Good ; Social Capital ; Social Development ; Social Protections and Labor ; Trade Barriers ; Transactions Costs ; Transport ; Transport Economics, Policy and Planning ; Unemployment ; Utility ; Utility Function ; Voters ; Welfare
    Abstract: November 1999 - Social capital raises productivity and falls with labor mobility. Because labor mobility generates a negative externality, integration of labor markets results in too much mobility, too low a level of social capital, and an ambiguous effect on welfare. Trade liberalization is superior to labor market integration because it reduces mobility and the negative externality associated with it. Labor market integration is typically assumed to improve welfare in the absence of distortions, because it allows labor to move to where returns are highest. Schiff examines this result in a simple general equilibrium model in the presence of a common property resource: social capital. Drawing on evidence that social capital raises productivity and falls with labor mobility, Schiff's main findings are that: · Labor market integration imposes a negative externality and need not raise welfare. · The welfare impact is more beneficial (or less harmful) the greater the difference in endowments is between the integrating regions. · Whether positive or negative, the welfare impact is larger the more similar the levels of social capital of the integrating regions are and the lower the migration costs are. · Trade liberalization generates an additional benefit-over and above the standard gains from trade - by reducing labor mobility and the negative externality associated with it. Trade liberalization is superior to labor market integration. · The creation of new private or public institutions in response to labor market integration may reduce welfare. Schiff shows that the welfare implications depend on two parameters of the model, the curvature of the utility function and the cost of private migration. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the link between market performance and welfare. The author may be contacted at mschiffworldbank.org
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    Bankruptcy Reorganization through Markets : Auction-based Creditor Ordering by Reducing Debts (ACCORD) (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hausch, B. Donald Bankruptcy Reorganization through Markets
    Keywords: Aggregate Debts ; Auction ; Bankruptcy ; Bankruptcy Laws ; Bid ; Call Options ; Cash Flows ; Claimant ; Claimants ; Creditor ; Creditors ; Debt Markets ; Debts ; Deposits ; Domestic Banks ; Equity ; Face Value ; Finance and Financial Sector Development ; Financial Literacy ; Interests ; Investment and Investment Climate ; Junior Creditors ; Macroeconomics and Economic Growth ; Market ; Markets ; Strategic Debt Management ; Aggregate Debts ; Auction ; Bankruptcy ; Bankruptcy Laws ; Bid ; Call Options ; Cash Flows ; Claimant ; Claimants ; Creditor ; Creditors ; Debt Markets ; Debts ; Deposits ; Domestic Banks ; Equity ; Face Value ; Finance and Financial Sector Development ; Financial Literacy ; Interests ; Investment and Investment Climate ; Junior Creditors ; Macroeconomics and Economic Growth ; Market ; Markets ; Strategic Debt Management
    Abstract: November 1999 - Financial reorganization under bankruptcy reduces a firm's debts to serviceable levels through negotiations overseen by courts. Academics have suggested using markets for such negotiations, giving equity holders and junior claimants call options to buy the firm back from senior creditors. Hausch and Ramachandran further develop such a market-based approach for situations in which claimants are severely cash-constrained and there is good reason for existing owner-managers to remain in control. Under the ACCORD scheme - Auction-based Creditor Ordering by Reducing Debts - creditors remain creditors but form a queue, to be serviced in sequence from the firm's operating cash flows. Creditors bid for their position in this queue. Those accepting greater proportionate reductions in the face value of their claims (perhaps most pessimistic about the firm's prospects) are placed ahead of the others. A preexisting hierarchy of claims is honored by having claimants bid for their positions within the relevant segment of the queue. No one in the queue, including owners (who are last), is paid anything until the (reduced) debts of the first in line are fully discharged. The queue then moves up and the next claimant in line is serviced. Deferred creditors, who must wait their turn for the firm's operating cash surpluses, are not junior creditors in the conventional sense. Hausch and Ramachandran determine equilibrium bidding strategies, showing that the firm's aggregate debts would be reduced to a more serviceable level. This would improve the incentives of the firm's owner-managers, who remain in control, to operate the firm efficiently. Economic resources would thus be better used, and losses already incurred would be efficiently and quickly allocated among creditors. Hausch and Ramachandran suggest that ACCORD would be appropriate for East Asia, where, despite new bankruptcy laws, inexperienced courts are unlikely to nudge creditors into a quick negotiated agreement nor to be able to cope with systemic bankruptcy. Moreover, when the government is a major unsatisfied creditor, whose agents may not act in the taxpayers' best interests, market-based solutions might remove political interference from restructuring decisions. Neither owners nor creditors would be worse off than they are now. This paper - a joint product of the Private Sector Development Department, and Poverty Reduction and Economic Management Sector Unit, East Asia and Pacific Region - is part of a larger effort in the region to understand and improve corporate restructuring and governance. The authors may be contacted at dhauschbus.wisc.edu or sramachandran@worldbank.org
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    The Green Revolution and the Productivity Paradox : Evidence from the Indian Punjab (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Murgai, Rinku The Green Revolution and the Productivity Paradox
    Keywords: Agricultural Production ; Agricultural Research ; Agriculture ; Agriculture ; Cotton ; Crop ; Cropping ; Cropping Systems ; Crops ; Crops and Crop Management Systems ; Development Research ; Drought Management ; Economic Growth ; Economic Theory and Research ; Farmers ; Green Revolution ; Hybrid Seed ; Infrastructure ; Investment ; Irrigation and Drainage ; Labor Policies ; Macroeconomics and Economic Growth ; Maize ; Markets ; Poverty Reduction ; Pro-Poor Growth ; Rice ; Seed Varieties ; Social Protections and Labor ; Technology ; Technology Adoption ; Water Resources ; Wheat ; Agricultural Production ; Agricultural Research ; Agriculture ; Agriculture ; Cotton ; Crop ; Cropping ; Cropping Systems ; Crops ; Crops and Crop Management Systems ; Development Research ; Drought Management ; Economic Growth ; Economic Theory and Research ; Farmers ; Green Revolution ; Hybrid Seed ; Infrastructure ; Investment ; Irrigation and Drainage ; Labor Policies ; Macroeconomics and Economic Growth ; Maize ; Markets ; Poverty Reduction ; Pro-Poor Growth ; Rice ; Seed Varieties ; Social Protections and Labor ; Technology ; Technology Adoption ; Water Resources ; Wheat
    Abstract: In assessing new technologies, policy-makers should allow time between the adoption of the technologies and the realization of productivity gains attributable to them. Productivity growth was much lower than might be expected during the green revolution in the Indian Punjab but improved as learning processes took effect and resource management and the use of inputs became more efficient.Murgai provides district-level estimates of the contribution of technical change to agricultural output growth in the Indian Punjab from 1960 to 1993. Contrary to widespread belief, productivity growth in the Punjab was surprisingly low during the green revolution (in the mid-1960s), when modern hybrid seed varieties were being adopted. It improved later, after adoption of the new varieties was essentially complete. Murgai proposes three reasons for this pattern: · The standard measure of total factor productivity overstates the contribution of capital to output growth at the expense of the productivity residual. High-yielding varieties introduced in the 1960s helped spur output growth by making crops responsive to water and fertilizer, which not only allowed but indeed encouraged far greater use of capital inputs. This increase in the elasticity of the output response to capital inputs is incorporated into the index of factor accumulation and therefore excluded from the measure of total factor productivity growth. As a result, the contribution of technical change to growth in Punjab's agriculture during the green revolution is probably underestimated. · The overstatement of the capital contribution during the green revolution is exacerbated by indivisibilities in capital inputs. · Productivity growth did not come from the adoption of modern varieties alone. Improved resource management and public investment in infrastructure also helped improve productivity. This paper - a product of Rural Development, Development Research Group - is part of a larger effort in the group to study the determinants and impact of technology adoption and productivity growth in agriculture. The study was funded by the Bank's Research Support Budget under the research project Productivity and Sustainability of Irrigated Systems in South Asia (RPO 680-34). The author may be contacted at rmurgaiworldbank.org
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  • 93
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    A Review of the Role and Impact of Export Processing Zones (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (114 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Madani, Dorsati A Review of the Role and Impact of Export Processing Zones
    Keywords: Banks and Banking Reform ; Capital Goods ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Issues ; Finance and Financial Sector Development ; Financial Literacy ; Imports ; Incentives ; Income ; International Economics & Trade ; Investment ; Investments ; Knowledge ; Labor ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Policy Instruments ; Private Sector Development ; Production ; Public Sector Development ; Revenue ; Social Protections and Labor ; Subsidies ; Technology ; Trade ; Trade Policy ; Unemployment ; Wages ; Banks and Banking Reform ; Capital Goods ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Issues ; Finance and Financial Sector Development ; Financial Literacy ; Imports ; Incentives ; Income ; International Economics & Trade ; Investment ; Investments ; Knowledge ; Labor ; Labor Markets ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Policy Instruments ; Private Sector Development ; Production ; Public Sector Development ; Revenue ; Social Protections and Labor ; Subsidies ; Technology ; Trade ; Trade Policy ; Unemployment ; Wages
    Abstract: As instruments for encouraging economic development, export processing zones have only limited usefulness. A better policy choice is general liberalization of a country's economy. - Traditional export processing zones are fenced-in industrial estates specializing in manufacturing for exports. Modern ones have more flexible rules, such as permitting more liberal domestic sales. They provide a free-trade and liberal regulatory environment for the firms involved. Their primary goals: to provide foreign exchange earnings by promoting nontraditional exports, to provide jobs and create income, and to attract foreign direct investment and attendant technology transfer and knowledge spillover. Domestic, international, or joint venture firms operating in export processing zones typically benefit from reduced red tape, flexible labor laws, generous long-term tax holidays and concessions, above-average communications services and infrastructure (and often subsidized utilities and rental rates), and unlimited duty-free imports of raw and intermediate inputs and capital goods needed for production. In this review of experience, Madani concludes that export processing zones have limited applications; the better policy choice is to liberalize a country's entire economy. Under certain conditions - including appropriate setup and good management - export processing zones can play a dynamic role in a country's development, but only as a transitional step in an integrated movement toward general liberalization of the economy (with revisions as national economic conditions change). The World Bank, writes Madani, should be cautious about supporting export processing zone projects, doing so only on a case-by-case basis, only with expert guidance, and only as part of a general reform package. It should not support isolated export processing zone projects in unreformed or postreform economies (in the last case they might encourage backsliding on trade policy). In general, if a policy is good for the economy as a whole, it is likely to be good for an export processing zone. Sound policy will encourage: · Sound, stable monetary and fiscal policies, clear private property and investment laws, and a business-friendly economic environment. · Moderate, simplified (but not overfriendly) corporate tax schedules, and generally liberal tariffs and other trade taxes. · Private development and management of export processing zones and their infrastructure and unsubsidized utilities. · Labor laws that are business-friendly but do not abuse workers' safety and labor rights. · A better understanding of the impact of industrial refuse on the quality of air, soil, water, and human health. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the impact of trade policy and trade policy tools on development. The author may be contacted at dmadaniworldbank.org
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  • 94
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    Confronting Competition Investment Response and Constraints in Uganda (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Reinikka, Ritva Confronting Competition Investment Response and Constraints in Uganda
    Keywords: Banks and Banking Reform ; Capital Investment ; Debt Markets ; Economic Liberalization ; Economic Theory and Research ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Support ; Future ; Good ; Infrastructure Economics and Finance ; Investing ; Investment ; Investment Rates ; Investment and Investment Climate ; Labor Policies ; Liquidity ; Liquidity Constraint ; Macroeconomic Management ; Macroeconomic Policies ; Macroeconomics and Economic Growth ; Microfinance ; Non Bank Financial Institutions ; Private Investment ; Private Participation in Infrastructure ; Private Sector Development ; Prof Profits ; Public Investment ; Return ; Share ; Social Protections and Labor ; Tax ; Banks and Banking Reform ; Capital Investment ; Debt Markets ; Economic Liberalization ; Economic Theory and Research ; Emerging Markets ; Finance ; Finance and Financial Sector Development ; Financial Literacy ; Financial Support ; Future ; Good ; Infrastructure Economics and Finance ; Investing ; Investment ; Investment Rates ; Investment and Investment Climate ; Labor Policies ; Liquidity ; Liquidity Constraint ; Macroeconomic Management ; Macroeconomic Policies ; Macroeconomics and Economic Growth ; Microfinance ; Non Bank Financial Institutions ; Private Investment ; Private Participation in Infrastructure ; Private Sector Development ; Prof Profits ; Public Investment ; Return ; Share ; Social Protections and Labor ; Tax
    Abstract: November 1999 - While macroeconomic reforms are necessary, firms' investment response is likely to remain limited without an accompanying improvement in public sector performance. Investment rates in Uganda are similar to others in Africa - averaging slightly more than 10 percent annually, with a median value of just under 1 percent. But the country's profit rates are considerably lower. These results are consistent with the view that Ugandan firms display more confidence in the economy than their counterparts in other African countries. Thus, for given profit rates, Ugandan firms invest more. At the same time, increased competition (because of economic liberalization) has exerted pressure on firms to cut costs. Many of those costs are not under the firms' control, however, so their profits have suffered. Using firm-level data, Reinikka and Svensson identify and quantify a number of cost factors, including those associated with transport, corruption, and utility services. Several factors - including crime, erratic infrastructure services, and arbitrary tax administration - not only increase firms' operating costs but affect their perceptions of the risks of investing in (partly) irreversible capital. The empirical analysis suggests that firms - especially small firms - are liquidity-constrained in the sense that they invest only when sufficient internal funds are available. But given the firms' profit-capital ratio, it is hard to argue that the liquidity constraint is binding in most cases, even though the cost of capital is perceived as a problem. This paper - a joint product of Macroeconomics 2, Africa Region, and Public Economics and Macroeconomics and Growth, Development Research Group - is part of a larger effort in the Bank to study economic policy, public service delivery, and growth. The authors may be contacted at rreinikkaworldbank.org or jsvensson@worldbank.org
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  • 95
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    Infrastructure's Contribution to Aggregate Output (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (20 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Canning, David Infrastructure's Contribution to Aggregate Output
    Keywords: Capital ; Economic Growth ; Economic Theory and Research ; Externalities ; Externality ; Human Capital ; Income ; Income Levels ; Inputs ; Investment ; Labor Policies ; Macroeconomics and Economic Growth ; Marginal Productivity ; Marginal Products ; Outcomes ; Prices ; Production ; Production Function ; Productivity ; Social Protections and Labor ; Taxation ; Telecommunications ; Theory ; Total Factor Productivity ; Transport ; Transport Economics, Policy and Planning ; Variables ; Capital ; Economic Growth ; Economic Theory and Research ; Externalities ; Externality ; Human Capital ; Income ; Income Levels ; Inputs ; Investment ; Labor Policies ; Macroeconomics and Economic Growth ; Marginal Productivity ; Marginal Products ; Outcomes ; Prices ; Production ; Production Function ; Productivity ; Social Protections and Labor ; Taxation ; Telecommunications ; Theory ; Total Factor Productivity ; Transport ; Transport Economics, Policy and Planning ; Variables
    Abstract: Of the major kinds of physical infrastructure, electricity generating capacity has roughly the same marginal productivity as physical capital as a whole. So have roads-plus-rail, globally and in lower-income countries. Telephones, however, and transport routes in higher-income countries, have higher marginal productivity than other kinds of capital. - Using panel data for a cross-section of countries, Canning estimates an aggregate production function that includes infrastructure capital. He finds that: · The productivity of physical and human capital is close to the levels suggested by microeconomic evidence on their private returns. · Electricity generating capacity and transportation networks have roughly the same marginal productivity as capital as a whole. · Telephone networks appear to show higher marginal productivity than other types of capital. Panel data cointegration methods used in estimation take account of the nonstationary nature of the data, are robust to reverse causation, and allow for different levels of productivity and different short-run business-cycle and multiplier relationships across countries. This paper - a product of Public Economics, Development Research Group - is part of a larger effort in the group to study the impact of public expenditures. The study was funded by the Bank's Research Support Budget under the research project Infrastructure and Growth: A Multicountry Panel Study (RPO 680-89). The author may be contacted at d.canningqub.ac.uk
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  • 96
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    Leading Indicator Project : Lithuania (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (22 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Duval-Hernandez, Robert Leading Indicator Project
    Keywords: Averaging ; Benchmark ; Business Cycles ; Cd ; Cred Economic Activity ; Currencies and Exchange Rates ; Debt Markets ; E-Business ; Economic Research ; Economic Statistics ; Economic Theory and Research ; Education ; Emerging Markets ; Expectations ; Finance and Financial Sector Development ; Forecasting ; Forecasts ; Information Security and Privacy ; Interest Rate ; Knowledge for Development ; Leading Indicators ; Macroeconomics and Economic Growth ; Money ; Private Sector Development ; Science Education ; Science and Technology Development ; Scientific Research and Science Parks ; Statistical and Mathematical Sciences ; Trade ; Trends ; Trough ; Unemployment ; Value ; Variables ; Averaging ; Benchmark ; Business Cycles ; Cd ; Cred Economic Activity ; Currencies and Exchange Rates ; Debt Markets ; E-Business ; Economic Research ; Economic Statistics ; Economic Theory and Research ; Education ; Emerging Markets ; Expectations ; Finance and Financial Sector Development ; Forecasting ; Forecasts ; Information Security and Privacy ; Interest Rate ; Knowledge for Development ; Leading Indicators ; Macroeconomics and Economic Growth ; Money ; Private Sector Development ; Science Education ; Science and Technology Development ; Scientific Research and Science Parks ; Statistical and Mathematical Sciences ; Trade ; Trends ; Trough ; Unemployment ; Value ; Variables
    Abstract: June 2000 - A method for forecasting growth cycles in economic activity (measured as total industrial production), as applied to Lithuania. Everhart and Duval-Hernandez present a method for forecasting growth cycles in economic activity, measured as total industrial production. They construct a series which they aggregate into a composite leading indicator to predict the path of the economy in Lithuania. The cycle is the result of the economy's deviations from its long-term trend. A contractionary phase means a decline in the growth rate of the economy, not necessarily an absolute decline in economic activity. The indicator they select for economic activity is usually the Index of Industrial Production, plus a group of variables that, when filtered and adjusted, becomes the composite leading indicator that forecasts the reference series. Variables include economically and statistically significant financial, monetary, real sector, and business survey data. They base selection of the components of the leading indicator on the forecast efficiency and economic significance of the series. Once selected, the relevant variables are aggregated into a single composite leading indicator, which forecasts the detrended Index of Industrial Production. They apply the Hodrick-Prescott filter method for detrending the series. This is a smoothing technique that decomposes seasonally adjusted series into cyclical and trend components. One advantage of the Hodrick-Prescott filter is that it provides a reasonable estimate of a series' long-term trend. The OECD uses a system of leading indicators to predict growth cycles in the economies of its member countries. These exercises have been very effective in their forecasting ability and accuracy - but for the technique to work it is essential to have an adequate statistical system that provides many economic variables in a precise and timely manner, preferably monthly. The authors extend the OECD technique and present an application to a country of the former Soviet Union. This paper - a joint product of the Poverty Reduction and Economic Management Sector Units, Europe and Central Asia and Latin America and the Carribean Regions, and the Mexico Country Management Unit - is part of a larger effort in the Bank to foster the development of macroeconomic monitoring techniques. Authors may be contacted by email at severhartworldbank.org or rduval@worldbank.org
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  • 97
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    Market Access Bargaining in the Uruguay Round : Rigid or Relaxed Reciprocity? (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Finger, Michael J Market Access Bargaining in the Uruguay Round
    Keywords: Concessions ; Debt Markets ; Domestic Market ; Duty Reduction ; Export Industries ; Exports ; Finance and Financial Sector Development ; Foreign Markets ; Free Trade ; International Economics & Trade ; International Trade ; International Trade and Trade Rules ; Market Access ; Market Access Bargaining ; Public Sector Development ; Reciprocal Concessions ; Reciprocal Reduction ; Reciprocity ; Tariff ; Tariff Concessions ; Tariffs ; Trade Liberalization ; Trade Negotiations ; Trade Policy ; Trade Restrictions ; Unilateral Free Trade ; Unilateral Liberalization ; Concessions ; Debt Markets ; Domestic Market ; Duty Reduction ; Export Industries ; Exports ; Finance and Financial Sector Development ; Foreign Markets ; Free Trade ; International Economics & Trade ; International Trade ; International Trade and Trade Rules ; Market Access ; Market Access Bargaining ; Public Sector Development ; Reciprocal Concessions ; Reciprocal Reduction ; Reciprocity ; Tariff ; Tariff Concessions ; Tariffs ; Trade Liberalization ; Trade Negotiations ; Trade Policy ; Trade Restrictions ; Unilateral Free Trade ; Unilateral Liberalization
    Abstract: December 1999 - The Uruguay Round tariff negotiations did not achieve a country-by-country balancing of concessions given and concessions received. How governments bargained was determined less by their national interests than by the interests of their politically important industrial constituencies. How tightly are trade negotiators held to winning a dollar of concession for each dollar of concession granted? The outcome of the Uruguay Round tariff negotiations suggests that such constraints were not tight. None of the delegations interviewed by Finger, Reincke, and Castro had tried to calculate for themselves the extent of concessions received. And the surplus or deficit of concessions received (over concessions given) varied widely among countries. Measuring the percentage point dollar of concessions given and received (a percentage point dollar being a reduction of the tariff by one percentage point on
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  • 98
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    Reciprocity across Modes of Supply in the World Trade Organization : A Negotiating Formula (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (24 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Mattoo, Aaditya Reciprocity across Modes of Supply in the World Trade Organization
    Keywords: Agreement On Trade ; Border Trade ; Comparative Advantage ; Concessions ; Economic Theory and Research ; Emerging Markets ; Foreign Labor ; Foreign Markets ; Free Trade ; International Economics & Trade ; International Trade and Trade Rules ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Public Sector Development ; Reciprocal Reduction ; Reciprocity ; Tariff ; Tariff Reduction ; Terms Of Trade ; Terms Of Trade Effects ; Trade Effect ; Trade Negotiations ; Trade Policy ; Trade Policy ; Trade and Services ; Volume Of Trade ; Welfare Gains ; World Trade ; World Trade Organization ; Agreement On Trade ; Border Trade ; Comparative Advantage ; Concessions ; Economic Theory and Research ; Emerging Markets ; Foreign Labor ; Foreign Markets ; Free Trade ; International Economics & Trade ; International Trade and Trade Rules ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Public Sector Development ; Reciprocal Reduction ; Reciprocity ; Tariff ; Tariff Reduction ; Terms Of Trade ; Terms Of Trade Effects ; Trade Effect ; Trade Negotiations ; Trade Policy ; Trade Policy ; Trade and Services ; Volume Of Trade ; Welfare Gains ; World Trade ; World Trade Organization
    Abstract: June 2000 - If negotiations on trade in services at the World Trade Organization are to advance liberalization beyond levels undertaken unilaterally and lead to more balanced outcomes, reciprocity must play a greater role in negotiations. This may be facilitated by the use of negotiating rules that establish credible links across sectors and modes of delivery. Negotiations on trade in services at the World Trade Organization (WTO) have so far produced little liberalization beyond levels countries have undertaken unilaterally. One reason: limited application of the traditional negotiating principle of reciprocity. In particular, participants have failed to exploit the scope of the services agreement (GATS) for the exchange of market-access concessions across different modes of supply - cross-border delivery and the movement of capital and workers. Using the Heckscher-Ohlin-Vanek framework, Mattoo and Olarreaga propose a negotiating formula that generalizes the fundamental WTO principle of reciprocity to include alternative modes of delivery. Adoption of this formula as a basis for negotiations could bring greater commitments to liberalization on all modes of delivery, producing substantial gains in global welfare and more balanced outcomes. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to improve trade policy in goods and services. The authors may be contacted at amattooworldbank.org or molarreaga@worldbank.org
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  • 99
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    Disintegration and Trade Flows : Evidence from the Former Soviet Union (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Djankov, Simeon Disintegration and Trade Flows
    Keywords: LTC ; M1 ; Reform ; Roads and Highways ; Transport ; VD ; ZDV ; LTC ; M1 ; Reform ; Roads and Highways ; Transport ; VD ; ZDV ; Armenia ; Azerbaijan ; Belarus ; Estonia ; Georgia ; Iru ; Latvia ; Lithuania ; Moldova ; Tajikistan ; Turkmenistan ; Ukraine ; Uzbekistan ; Armenia ; Azerbaijan ; Belarus ; Estonia ; Georgia ; Iru ; Latvia ; Lithuania ; Moldova ; Tajikistan ; Turkmenistan ; Ukraine ; Uzbekistan
    Abstract: June 2000 - This study of trade flows among and between nine Russian regions and 14 republics of the former Soviet Union shows a bias toward domestic trade in the reform period that is primarily the result of tariffs. In addition, old linkages - such as infrastructure, business networks, and production and consumption chains - have limited the reorientation of trade. Djankov and Freund study the effects of trade barriers and the persistence of past linkages on trade flows in the former Soviet Union. Estimating a gravity equation on trade among and between nine Russian regions and 14 former Soviet republics, they find that Russian regions traded 60 percent more with each other than with republics in the reform period (1994-96). By contrast, the Russian regions did not trade significantly more with each other than with republics in the prereform period (1987-90). The results suggest that the bias toward domestic trade in the reform period is primarily the result of tariffs. In addition, past linkages - such as infrastructure, business networks, and production and consumption chains - have limited the reorientation of trade. This paper-a product of the Financial Sector Strategy and Policy Department-is part of a larger effort in the department to promote economic liberalization
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  • 100
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    Savings and the Terms of Trade under Borrowing Constraints (1999)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Agénor, Pierre-Richard Savings and the Terms of Trade under Borrowing Constraints
    Keywords: Arbitrage ; Capital Markets ; Consumers ; Consumption ; Economic Theory and Research ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Liquidity ; Macroeconomic Shocks ; Macroeconomics ; Macroeconomics and Economic Growth ; Marginal Utility ; Open Economy ; Permanent Income ; Political Economy ; Prices ; Private Sector Development ; Real GDP ; Real Interest Rate ; Savings ; Trade ; Utility ; Variables ; Welfare ; Arbitrage ; Capital Markets ; Consumers ; Consumption ; Economic Theory and Research ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Liquidity ; Macroeconomic Shocks ; Macroeconomics ; Macroeconomics and Economic Growth ; Marginal Utility ; Open Economy ; Permanent Income ; Political Economy ; Prices ; Private Sector Development ; Real GDP ; Real Interest Rate ; Savings ; Trade ; Utility ; Variables ; Welfare
    Abstract: June 2000 - When households face the possibility of borrowing constraints in bad times, favorable movements in the permanent component of the terms of trade may lead to higher rates of private savings. Agénor and Aizenman examine the extent to which permanent terms-of-trade shocks have an asymmetric effect on private savings. Using a simple three-period model, they show that if households expect to face binding constraints on borrowing in bad states of nature (when the economy is in a long trough rather than a sharp peak), savings rates will respond asymmetrically to favorable movements in the permanent component of the terms of trade-in contrast with the predictions of conventional consumption-smoothing models. They test for asymmetric effects of terms-of-trade disturbances using an econometric model that controls for various standard determinants of private savings. The results-based on panel data for nonoil commodity exporters of Sub-Saharan Africa for 1980-96 (a group of countries for which movements in the terms of trade have traditionally represented a key source of macroeconomic shocks)-indicate that increases in the permanent component of the terms of trade (measured using three alternative filtering techniques) indeed tend to be associated with higher rates of private savings. This paper is a product of Economic Policy and Poverty Reduction, World Bank Institute. Pierre-Richard Agénor may be contacted at pagenorworldbank.org
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