What are structural reforms and what challenges do they face? We must start by understanding what the idea implies. First, it calls for a new approach, a general vision of the economy as an integrated system, where policy complementarities abound. Second, it expresses a certain understanding of...
Aoun's election is seen as a turning point for Lebanon, potentially paving the way for the restoration of political stability and institutional functionality, experts have said. They noted Aoun's military background and personal reputation have raised hopes that he could provide the decisive leadersh...
Are structural reforms growth enhancing? Is the effectiveness of reforms constrained by a country's distance from the technology frontier or by its institutional environment? This paper takes a new and comprehensive look at these questions by employing a novel data set that includes several kinds of...
“And if the people of America are going to continue to elect people who use fear and anger to motivate, we’re going to continue to find it more difficult than it should be to get things done in Congress,” he said. Frost thinks unless there are institutional reforms—campaign finance c...
The National Congress and its standing committee are the supreme leadership bodies in the Communist Party of China. 2.党代会每五年召开一次,总结过去五年取得的成果,并科学谋划未来五年乃至更长时期党和国家事业发展的目标任务和大政...
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The paper argues that while institutional reforms are urgently needed, hasty and ill-conceived changes in the sector's regulatory environment, driven by privatization and deregulation strategies, may have as dismal an impact as heavy-handed, politically motivated interventions or public-sector constraints...
What are the specific contextual conditions under which intellectual property courts efficiently resolve intellectual property disputes? Reforms, patent boom, and regional differences In 1978, Chinese leader Deng Xiaoping advocated for the reform and opening-up policy, along with the ‘Four Modernisations...
Institutional Review Board Statement Not applicable. Informed Consent Statement Not applicable. Data Availability Statement The data presented in this study are openly available in [WDI]. This data can be found here: [https://databank.worldbank.org/source/world-development-indicators, accessed on 10...
Institutional money market funds were required to move from a $1 fixed price to now maintain a floating net asset value (NAV). Boards of directors for money market funds are allowed to impose fees or even suspend redemption of shares temporarily in times of financial stress. ...