Balanced or unbalanced development: special economic zones as catalysts for transition
Article Abstract:
Analysis of the approach of using special economic zones as response to lack of institutions constraining government expenditure and pressure to satisfy social expenditure requirements reveals that the the low equilibrium trap can be avoided by transition economies. The strategy of unbalanced economic development is also found to be optimal in generating economic activity elsewhere by using spillovers.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 1998
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Privatization and price liberalization: comparative analysis
Article Abstract:
Privatization was the more preferable reform as compared to price liberalization in a mixed economy for a representative agent economy. However, this finding is not applicable to an economy wherein groups of population are distinguished by the level of income. Privatization is considered as transition stage where businesses are permitted to offer output in the free market.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 1997
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Economic consequences of political approval management in comparative perspective
Article Abstract:
An investigation of how political approval management influences US Presidential and UK parliamentary business cycles is presented. The models developed predict that governments will react to negative approval shocks by introducing policies that alter the intertemporal incentives available to consumers.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2001
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