Australia’s publicly owned and managed National Parks estate has been largely quarantined from the micro-economic reforms that have been instituted across most other sectors of the economy. The public good, natural monopoly and equity arguments that are used to justify a continued dominance by the public sector in the production and provision of Park benefits are not watertight. Opening up the ...

This paper studies the labor market in Vietnam during the transition towards market economy (1993-2006): we show that the public-private sector wage gap markedly increased, but that wage inequality decreased overall. Our aim is to assess how much of this evolution can be explained by workers’ productive skills and their allocation between sectors. We use a simple, yet innovative, method that al...

This paper studies the labor market in Vietnam during the transition towards market economy (1993-2006): we show that the public-private sector wage gap markedly increased, but that wage inequality decreased overall. Our aim is to assess how much of this evolution can be explained by workers’ productive skills and their allocation between sectors. We use a simple, yet innovative, method that al...

The purpose of this paper is to investigate the long-run effects of government policy changes on the private sector development in a transitional economy. The policy changes include (i) increases in the nominal interest rate on deposits in the state banking system, (ii) increases in the tax rates on labor income and corporate income, and (iii) implementation of further enterprise reforms in the...

in present paper, first the concept of informal economy and its place in the economic literature has been described. then the causes and factors involved in providing the informal sector was examined and the volume of informal economy was estimated. second, the effect of inflation on informal economy was surveyed. to estimate the volume of informal sector, residual discrepancy method was used a...

Government policies are critical in determining the rate of economic growth, the levels of private investment and the magnitude of credit to the private sector. Since the adoption of the economic recovery programmes (ERPs) in 1986, Tanzania has embarked on policies that aim to rebalance the role of public and private sector in the economy and thus emphasize private sector development. This is a...

investment shows a combination of demand of firms and supply household savings and due to the volatile nature reflects short-term fluctuations in the economy of any country. this study examines the effect of abundance natural resources on private sector investment through the economic freedom and five main index (government's size, the structure of property rights, access to sound money, f...

The past three years have seen major changes in India's economic policies marking a new phase in India's development strategy. The broad thrust of the new policies is not very different from the changes being implemented in other developing countries and also all over the erstwhile socialist world. They aim at reducing the extent of Government controls over various aspects of the domestic econo...

It is found for the last two decades that there has been a rapid rise of PPPs across the world. A government in developing countries like India is using PPP arrangements for improved delivery of infrastructure services and social services. Public Private Partnerships which are an integral part of the new paradigm of good governance policy is the most recent addition in the world of society and ...

there are two main reasons for studying investment in an economy. first, the combination of firms? investment demand and household?s saving supply determines how much of an economys? resoures is invested. second, investment is highly volatile; thus investment demand may be important in the short-run fluctuations. the present article examins the relationship and veracity of existence of banks pr...