Search results for "Structural reforms"
showing 8 items of 8 documents
What determines the likelihood of structural reforms?
2015
We use data for a panel of 60 countries over the period 1980–2005 to investigate the main drivers of the likelihood of structural reforms. We find that: (i) external debt crises are the main trigger of financial and banking reforms; (ii) inflation and banking crises are the key drivers of external capital account reforms; (iii) banking crises also hasten financial reforms; and (iv) economic recessions play an important role in promoting the necessary consensus for financial, capital, banking and trade reforms, especially in the group of OECD-countries. Additionally, we also observe that the degree of globalisation is relevant for financial reforms, in particular in the group of non-OECD cou…
Structural reforms in a debt overhang
2014
We assess the effects of reforms in product and labor markets in a model economy featuring credit restrictions and pre-existing long-term debt. Both elements, which are core features of the current scenario faced by some euro area countries, combine to produce a slow and protracted deleveraging of the private sector and a persistent recession following a negative financial shock. In this environment, we show that product and labor market reforms may stimulate output and employment even in the short run, despite their defl ationary effects. Furthermore, by favoring a faster recovery of investment and collateral values, product market reforms bring forward the end of deleveraging and the exit…
Un balance de la modernización autonómica y las relaciones intergubernamentales
2015
International audience; This article contains an overview of the modernization of the regional administrations since its inception until present. We distinguish roughly four modernizing cycles: the first is mainly identified with the search for legitimacy and survival of the regional administrations. The second is inspired by the New Public Management (NPM) and the emergence of a post-burocratic paradigm that enables the development of new methodologies. The third is characterized by the primacy of e-administration and quality policies applied to public services. Finally, the last cycle poses antagonistic tendencies, according to the outbreak of the current economic crisis.; En este artícul…
La racionalidad y la sostenibilidad como figuras míticas en el desmontaje del sistema público de servicios sociales
2014
Este artículo constituye un balance de los cambios que se están produciendo en el sistema de servicios sociales de la Comunidad Valenciana: 1) Una contextualización en un eje histórico que concluye con la actual búsqueda de un “consenso retrógrado” para desmontar el sistema público y los movimientos sociales de resistencia; 2) El desplazamiento de la contención social de la crisis desde el sistema de servicios sociales al de seguridad social; 3) Las transformaciones institucionales producidas por la vía presupuestaria; 4) El “efecto bumerang” sobre los Servicios Sociales que produce la implementación de la Ley de “promoción de la autonomía personal y apoyo a las situaciones de dependencia”;…
Promoting self-employment: Does it create more employment and business activity?
2021
International audience; We assess the economic impact of reforms promoting self-employment in the three countries that have implemented such reforms since the early 2000s: the Netherlands, the United Kingdom and France. To that end, we use an unbalanced cross country-industry dataset of 4,226 observations, including 12 OECD countries and 20 market industries, over the 1995-2016 period. We first observe, using country-level data, that the share of self-employed workers in total employment is quite stable or declines over the period in all countries in our dataset, except in the three countries where large reforms promoting self-employment have been implemented, and only after these reforms. …
Labor and product market reforms and external Imbalances: Evidence from advanced economies
2021
We explore the impact of major labor and product market reforms on current account dynamics using a new “narrative” database of major changes in employment protection for regular workers and product market regulation for non-manufacturing industries covering 26 advanced economies over the past four decades. Our main finding is that product market deregulation is associated with a weakening of the current account, while labor market deregulation is associated with an improvement. These effects are transitory and driven by both saving and investment responses. Labor and product market reforms both have a more positive impact on the current account balance when implemented under weak macroecon…
Humanities and Social Sciences: Latvia, Vol. 22, Issue 1
2014
ILONA BAUMANE-VITOLINA. Conceptualising the Resource Based View for Innovation Research and Measurment in Small and Medium Enterprises ; VIESTURS PAULS KARNUPS. Latvian and Turkish Economic Relations 1918-1940 ; GREGORY OLEVSKY. Functioning of Latvian manufacturing: up the stairs Which Lead Down ; LEONARDO PATACCINI, ELENA KINZHEBAEVA. Structural Reforms in Emerging Economies: Argentina and Russia through the Latvian Mirror ; INESE KALNIŅA. The Council of Europe and the Protection of National Minorities
Developement of the Centers of Vocational Education in Latvia
2015
The purpose of this study was to find impact factors and results of stuctural reforms of vocational education in Latvia. The objective was to find that during 4 years period reforms started as planned, but did not continued planned way. It may impact vocational education of Latvia in future. This study used analysis of 12 documents impacting reforms. One of basic results is creating Centers of Competence of vocational education. Findings are focused on creating factors and results of these centers. Author shows purposes and criterias of reforms, development on time axis, and results and impact factors of creation of the Centers of Vocational Education, gives suggestions for further reforms.