Sebanyak 13 item atau buku ditemukan

Resolution of Financial Distress

An International Perspective on the Design of Bankruptcy Laws

The understanding of the economic and legal structure of the institutions of bankruptcy has increased considerably over the past decade. This publication describes the state of current knowledge. Containing both theoretical studies and evidence from recent case studies, it shows the possibilities and methods of legal reform and the pitfalls of misguided political action.

Distress: An. Overview. Stijn Claessens, Simeon Djankov, and Ashoka Mody, The
World Bank Recent financial crises involving the corporate and financial sectors
in emerging markets, especially in East Asia in 1997-98, have raised important ...

The East Asian Miracle

Economic Growth and Public Policy

The extraordinary growth enjoyed over the last several decades by many East Asian countries has amounted to nothing less than an economic miracle. Employing unorthodox policies, Hong Kong, Indonesia, Japan, Malaysia, the Republic of Korea, Singapore, Taiwan, and Thailand have all produced dramatic results with far-reaching improvements in human welfare and income distribution, leading many to ask whether a similar achievement can be duplicated elsewhere. Written for the nonspecialist, this World Bank Policy Research Report--the first in an important new series--discusses in detail the means by which these high-performing Asian economies (HPAEs) realized their staggering success between 1965 and 1990. Examining how these countries stabilized their economies with sound development programs that led to fast growth, the book also shows how they shared the new prosperity by making income distribution more equitable. The book makes clear how the HPAEs promoted rapid capital accumulation by making banks more reliable and encouraging high levels of domestic savings, while universal primary schooling and better primary and secondary education quickly increased their skilled labor forces. Also included are illustrative examples of productive agricultural programs, modest tax policies, the modification of price distortions, foreign technology and investment, and the cooperation of government and private enterprise. Exposing to a broad audience the revolutionary process that transformed East Asia into the collection of economic juggernauts that it is today, this provocative World Bank report offers wisdom for today's up-and-coming markets, highlighting the policies that will make a difference as well as those that, despite their effectiveness in the Orient, could prove disastrous elsewhere.

This book uses economic models to account for growth, and it puts the explanations for growth into a framework that allows an exploration of the relation between policy and growth.

Economic Analysis of Projects

Basic notions of cost-benefit analysis; Derivation of shadow prices; Estimation of shadow prices; Technical derivation of shadow prices.

Basic notions of cost-benefit analysis; Derivation of shadow prices; Estimation of shadow prices; Technical derivation of shadow prices.