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Taking The Long Road To Liberalization
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Book Synopsis Taking the Long Road to Liberalization by : Susanne K. Schmidt
Download or read book Taking the Long Road to Liberalization written by Susanne K. Schmidt and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the course of completing the Single European Market the liberalization of telecommunications is a key issue. A central question is how public policy and market mechanisms can be combined to achieve a regulatory structure that strikes a balance between public service and advanced business users' needs. This article reviews the different stages of the lengthy German telecommunications reform with a focus on the different interests involved. It then critically assesses the ability of the new regulatory framework to meet divergent demands. It is argued that the opportunity of a lengthy reform process to achieve a balanced approach was inadequately seized. Finally the major difficulties caused by the recent reunification of the country are analysed. These a are posing such a challenge that the regulatory structure in Germany could enter a new phase of uncertainty.
Download or read book India's Long Road written by Vijay Joshi and published by Oxford University Press. This book was released on 2017 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: "India's surge in high, well-sustained economic growth captured the world's attention for much of the period from the 1990s to the early 2010s. Often paired with China as being at the leading edge of emerging economies, the last few years have witnessed shortfalls in India's performance, which have also occurred in the cases of other "BRICS," namely, Brazil, Russia, and South Africa. India is now facing a possible fiscal crisis, higher inflation, greater concentration of economic wealth, and a slowdown in productivity. While its business sector remains vigorous, the Indian state has not yet found a viable way to fund food subsidies or come to grips with the costs of its employment guarantee program. Corruption also hinders growth at many turns. All these factors bring into question how feasible or wise it is for India to pursue a path toward global political power rather than concentrate on improved economic engagement worldwide. Dr. Joshi believes India's economic problems are serious and systemic, not a temporary blip. His analysis sets forth that the only way the country can truly prosper is to find the means to return to the earlier levels of growth through massive economic reform. This policy reorientation calls for eliminating price controls as well as both explicit and hidden subsidies to industries, introduction of direct cash transfers to the poor in place of the state's own costly production of goods and services, and an aggressive move toward privatization rather than over-reliance on family firms and widely-held corporations. Without these, the requisites of economic stability cannot be fully established, let alone propel significant growth"--
Book Synopsis Structural Transformation by : Piya Mahtaney
Download or read book Structural Transformation written by Piya Mahtaney and published by Springer Nature. This book was released on 2021-03-09 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a comprehensive and incisive analysis of Structural transformation which is among the most relevant and crucial themes of contemporary economics. Structural transformation is the edifice that is the basis of the next phase of economic transformation. The book demonstrates that structural transformation cannot be shoe horned into a single point formula, it is not merely about achieving a double-digit growth rate, nor it is achieved by an overarching emphasis on rapid technological advancement. Based on empirical evidence pertinent to developed and developing nations and present imperatives the book provides a comprehensive elucidation that structural transformation will be profoundly determined by the empirics of investment, Innovation and Institutions.
Book Synopsis European Telecommunications Liberalisation by : Kjell A. Eliassen
Download or read book European Telecommunications Liberalisation written by Kjell A. Eliassen and published by Routledge. This book was released on 2013-03-04 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the process and consequences of telecommunications liberalisation in the context of an ever closer European Union. The creation of a single market for telecommunications and of a wider European single market mirror one another. Telecommunications are also something of a test case for the privatisation process, as this sector has traditionally been a state monopoly. The volume approaches the European experience from three angles: * the politics of regulation and the process of liberalisation in the EU (including case studies of the UK, France, and Germany) * increasing global economic interdependence makes international comparisons essential, and the volume compares the EU experience with that of the Czech Republic, Israel and Thailand * the consequences of technology and continuous innovation
Book Synopsis Economic Liberalization and Turkey by : Sübidey Togan
Download or read book Economic Liberalization and Turkey written by Sübidey Togan and published by Routledge. This book was released on 2010-04-05 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: The liberalization of the Turkish economy is a key factor affecting Turkey’s application to join the European Union. This book examines the impact of economic liberalization in Turkey and Turkey’s approach to the elimination of barriers to trade. It focuses on the liberalization of trade in Turkey’s agricultural and industrial commodities sector and key services such as telecommunications, electricity, natural gas, banking and transport. The chapters include thorough discussions on WTO and EU approaches for the elimination of barriers to trade, international and EU rules and regulations in the various service sectors, and the methods for estimating the tariff equivalents of barriers to trade in the different service sectors as well as methods for estimating the benefits of liberalization of services for Turkey. The experience of Turkey, its approach to liberalization and its measures to eliminate barriers to trade serve as a useful model for other neighboring countries of the European Union.
Book Synopsis Boom-bust Cycles and Financial Liberalization by : Aaron Tornell
Download or read book Boom-bust Cycles and Financial Liberalization written by Aaron Tornell and published by MIT Press. This book was released on 2005 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis and evidence of how the factors that give rise to boom-bust cycles in fast-growing developing economies also enhance long-run growth. The volatility that has hit many middle-income countries (MICs) after liberalizing their financial markets has prompted critics to call for new policies to stabilize these boom-bust cycles. But, as Aaron Tornell and Frank Westermann point out in this book, over the last two decades most of the developing countries that have experienced lending booms and busts have also exhibited the fastest growth among MICs. Countries with more stable credit growth, by contrast, have exhibited, on average, lower growth rates. Factors that contribute to financial fragility thus appear, paradoxically, to be a source of long-run growth as well. Tornell and Westermann analyze boom-bust cycles in the developing world and discuss how these cycles are generated by credit market imperfections. They explain why the financial liberalization that allows countries to overcome imperfections impeding rapid growth also generates the financial fragility that leads to greater volatility and occasional crises. The conceptual framework they present illustrates this linkage and allows Tornell and Westermann to address normative questions regarding liberalization policies.The authors also characterize key macroeconomic regularities observed across MICs, showing that credit markets play a key role not only in boom-bust episodes but in the strong "credit channel" observed during tranquil times. A theoretical framework is then presented that explains how credit market imperfections can account for these empirical patterns. Finally, Tornell and Westermann provide microeconomic evidence on the credit market imperfections that drive the results of the theoretical framework, finding that asymmetries between tradables and nontradables are key to understanding the patterns in MIC data.
Book Synopsis Aspirational Power by : David R. Mares
Download or read book Aspirational Power written by David R. Mares and published by Brookings Institution Press. This book was released on 2016-06-28 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil’s soft power path to major power status. The largest country in South America by land mass and population, Brazil has been marked since its independence by a belief that it has the potential to play a major role on the global stage. Set apart from the rest of the hemisphere by culture, language, and history, Brazil has also been viewed by its neighbors as a potential great power and, at times, a threat. But even though domestic aspirations and foreign perceptions have held out the prospect for Brazil becoming a major power, the country has lacked the capabilities—particularly on the military and economic dimensions—to pursue a traditional path to greatness. Aspirational Power examines Brazil as an emerging power. It explains Brazil’s present emphasis on using soft power through a historical analysis of Brazil’s three past attempts to achieve major power status. Though these efforts have fallen short, this book suggests that Brazil will continue to try to emerge, but that it will only succeed when its domestic institutions provide a solid and attractive foundation for the deployment of its soft power abroad. Aspirational Power concludes with concrete recommendations for how Brazil might improve its strategy, and why the great powers, including the United States, should respond positively to Brazil’s emergence.
Book Synopsis The Liberalization of Transportation Services in the EU and Turkey by : Sübidey Togan
Download or read book The Liberalization of Transportation Services in the EU and Turkey written by Sübidey Togan and published by Oxford University Press. This book was released on 2016 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines international and regional rules and regulations in road transportation, rail transportation, maritime transportation, and air transportation, within a regional context that concentrates on the case of Turkey.
Book Synopsis Limits to Liberalization by : Patricia M. Goff
Download or read book Limits to Liberalization written by Patricia M. Goff and published by Cornell University Press. This book was released on 2007 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The so-called culture industries--film, television and radio broadcasting, periodical and book publishing, video and sound recording--are noteworthy exceptions to the rhetorical commitment of Western countries to free trade as a major goal. These exceptions threatened to derail such high-profile negotiations as NAFTA and its predecessor, the Canada-US Free Trade Agreement, as well as the Uruguay Round of the GATT. Conventional wisdom did not foresee trouble from this source, because these established industries are not commercial national champions, nor are they particularly large providers of jobs. As Patricia M. Goff shows, the standard trade literature considers the monetary value but doesn't recognize the symbolic importance of cultural production. In Limits to Liberalization, she traces the interplay between the commercial and the cultural. Governments that want to expand free trade may simultaneously resist liberalization in the culture industries (and elsewhere, including agriculture and health care). Goff traces the rationale for "cultural protectionism" in the trade policies of Canada, France, and the European Union. The result is a larger understanding of the forces that shape international trade agreements and a book that speaks to current theoretical concerns about national identity as it plays out in politics and international relations.
Book Synopsis Regulating Gas Liberalization by : Anton Ming-Zhi Gao
Download or read book Regulating Gas Liberalization written by Anton Ming-Zhi Gao and published by Kluwer Law International B.V.. This book was released on 2010-01-01 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: La 4e de couverture indique : "Along with aviation and telecommunications, the gas supply chain has proved to be one of the paradigmatic factors in the great transformation in regulated industry law that has characterized recent decades. The liberalization in the gas market has taken two primary legal forms: (i) removal of entry barriers in competitive sectors; and (ii) regulation of infrastructure sectors through unbundling (economic separation of competitive and infrastructure sectors), and open access (requiring gas infrastructure owners/operators to allow competitors to access their facilities on commercial terms comparable to those that would apply in a competitive market). This book will focus on the latter legal form. This is the first book to analyze, in a comparative way, the detailed development of the unbundling and open access regimes across three continents. It is the author's contention that these two legal forms should be more widely implemented than they are at present. In each of five substantial chapters - on the United States, Europe, Japan, South Korea, and Taiwan - the author first focuses on the proposed or current laws and industrial practices on service, account, functional, legal and ownership unbundling and independent system operator, and then on those of different open access regimes (mainly including regulated and negotiated third party access), insofar as they have been developed in each location. Using empirical evidence from Europe, the United States, and Japan that a well-formulated and comprehensive liberalization can bring about more advantages than disadvantages, he shows how well-designed unbundling and open access regimes may accomplish the following : inject much-needed competition into gas exploration, exploitation, import, production, and retailing ; reform and re-regulate non-competitive sectors such as transportation, distribution, and storage ; balance potential conflicts between energy security and competition ; and support interests such as environmental protection, energy rights, safety, and consumer protection. The author attends throughout to the contrasting market situations in countries that rely on importing natural gas by liquefied natural gas tankers (LNG countries), and countries with their natural gas mainly coming from production fields via direct pipelines (PNG countries). Identifying the key legal issues arising from the development of the various unbundling and open access regimes discussed, the book goes on to provide a detailed general legislative framework for gas liberalization that applies especially to LNG countries. The author finds, perhaps surprisingly, that both LNG countries and PNG countries can in fact learn from each other. This book will be a key reference for anyone interested in the legal issues of gas liberalization, and will also provide the international energy community with keen insight into the unbundling and open access regimes in the United States, Europe, Japan, South Korea and Taiwan. Policymakers around the world will discover an excellent framework for launching or improving a gas liberalization scheme."
Book Synopsis External Liberalization in Asia, Post-Socialist Europe, and Brazil by : Lance Taylor
Download or read book External Liberalization in Asia, Post-Socialist Europe, and Brazil written by Lance Taylor and published by Oxford University Press. This book was released on 2006-02-02 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the experience of 14 countries with external liberalization and related policies, based on papers which follow a common macroeconomic methodology. The authors of these papers trace shifts in the productivity, and employment at the country level.
Book Synopsis Economic Development Planning and Liberalisation by : V. P. Luthra
Download or read book Economic Development Planning and Liberalisation written by V. P. Luthra and published by Sarup & Sons. This book was released on 2000 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Liberalisation and Globalisation of Indian Economy by : K. R. Gupta
Download or read book Liberalisation and Globalisation of Indian Economy written by K. R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2000 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government Of India Has Recently Introduced A Number Of Second Generation Reforms. But Unfortunately It Has Not Been Possible To Keep Up The Desired Pace Because Of Resistance From The Opposition, And Also From Some Allies On Certain Matters. The Opposition Is Guided Mainly By Political Considerations Rather Than Economic Considerations.In Order To Face Competition In The Fast Opening World Market, Some Of The Needed Reforms Are Likely To Adversely Affect The Economic Well-Being Of The Underprivileged Classes Particularly In Rural Areas And Those Engaged In The Small Scale Sector. Ten Years Of Economic Reforms Have Not Generated Adequate Employment. In Order To Mitigate Such Adverse Effects, Outlay Should Be Considerably Increased In The Rural Areas. This Increased Expenditure Should Be On Building Infrastructure And Other Assets And Not On Subsidies Guided By Political Considerations. Primary Education And Health Services Need Considerably Enhanced Outlays. Safety Valves In The Form Of Comprehensive Social Security Network Are Very Essential For Avoiding Tensions In Society And Lessening Opposition To Reforms.The Volume Has A Wide Coverage And Includes Papers Written By Nineteen Economists Spread Over The Whole Country. The Papers Closely Examine Important Implications And Impact Of Liberalisation And Globalisation Measures Taken By The Government In Recent Years.It Is Hoped That The Book Will Prove Very Useful To The Researchers And Students Of Economics, Businessmen, Government Executives Concerned With The Formulation And Execution Of Economic Policies, Parliamentarians And Legislators, And The Common Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.
Book Synopsis Liberalisation and Globalisation of Indian Economy by : Ed. K.R. Gupta
Download or read book Liberalisation and Globalisation of Indian Economy written by Ed. K.R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2008-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles.
Book Synopsis Trade Liberalisation and Economic Development in Africa by : Gift Mugano
Download or read book Trade Liberalisation and Economic Development in Africa written by Gift Mugano and published by Routledge. This book was released on 2021-09-30 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thorough and rigorous discussion on the impact of trade liberalisation on economic development with a special focus on the African continent. The author presents the rationale for trade liberalisation, trade liberalisation frameworks, the trade liberalisation economic development nexus, impediments to trade, and contemporary issues of international trade. In this book, notwithstanding the benefits from trade liberalisation, the author shows that African trade as a share of global trade has remained flat at 3% as in 1975, while the continent’s exports have remained raw materials and its intra-regional trade at less than 15% of total trade, which is the lowest in the world (UNCTAD, 2020). With respect to key economic development indicators such as economic growth, poverty levels, and employment levels, this book shows that, ironically and in direct contrast with the conventional views that trade liberalisation alleviates poverty, trade liberalisation in Africa has resulted in high levels of unemployment and low economic growth which ultimately lead to increased poverty. In addition, this book provides a detailed analysis of why trade liberalisation has failed to yield meaningful benefits to Africa. The binding constraints and blockages which prevent positive spin-offs on trade liberalisation in Africa are discussed in detail in this book. In the same vein, the author provides practical strategies which must be adopted by African countries in order to gain from trade liberalisation, making this work a must-read for African governments, academia, trade experts, regional trading blocs, the World Trade Organization, and development partners. In view of this, and as part of the disruptive and structural transformation policies, the author discusses case studies and international experience contextualised to Africa as well as strategies for addressing the trade-related infrastructure gap, production capacities, export promotion, and aid for trade.
Book Synopsis Liberalization in Aviation by : Hartmut Wolf
Download or read book Liberalization in Aviation written by Hartmut Wolf and published by Routledge. This book was released on 2016-05-06 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in various countries around the world. Although most of the liberalization movements were initially triggered by the worrying performances of the respective regulatory frameworks, increases in competition and corresponding improvements in allocative and productive efficiency were typically associated with the respective liberalization efforts. From an academic perspective, the transition from regulated industries to liberalized industries has attracted a substantial amount of research reflected in many books and research articles which can be distilled to three main questions: (1) What are the forces that have given rise to regulatory reform? (2) What is the structure of the regulatory change which has occurred to date and is likely to occur in the immediate future? (3) What have been the effects on industry efficiency, prices and profits of the reforms which have occurred to date? Liberalization in Aviation brings together renowned academics and practitioners from around the world to address all three questions and draw policy conclusions. The book is divided into five sections, in turn dealing with aspects of competition in various liberalized markets, the emergence and growth of low-cost carriers, horizontal mergers and alliances, infrastructures, and concluding with economic assessments of liberalization steps so far and proposed steps in the future.
Book Synopsis Liberalisation and Globalisation of Indian Economy by : Kulwant Rai Gupta
Download or read book Liberalisation and Globalisation of Indian Economy written by Kulwant Rai Gupta and published by Atlantic Publishers & Dist. This book was released on 1995 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Six Years Have Passed Since The Fast Process Of Liberalisation And Globalisation Was Started In India In July 1991. The Book Examines The Achievements And Failures Of The Process Of Economic Reforms During This Period. It Makes Useful Suggestions To Make The Economic Reforms More Successful And Human. The Role Which The State Has To Play In Accelerating The Process Of Economic Development And In Lessening Social Tensions Involved In Rapid Economic Reforms Has Been Clearly Laid Down In Detail.The Book Studies The Experience Of Economic Reforms In Other Countries And The Lessons Which India Can Draw From That. It Also Examines The Role Which Multinationals Can Play In The Economic Development Of The Country.The Book Analyses The Impact Of Economic Reforms On The Agricultural Economy And The Cottage And Small Scale Sector. It Emphasises The Need For Greater Attention To These Sectors On Which Depends The Well Being Of An Overwhelming Portion Of The Population.A Host Of Issues Concerning The Process Of Liberalisation And Globalisation Have Been Examined By Fortyseven Economists Spread Over The Entire Country.The First Volume Was Published In 1995 And The Response Of Readers Was So Heavy That It Had To Be Reprinted Again. The Encouraging Response To The First Volume Has Led To The Publication Of The Second Volume.
