This article evaluates the effect of the
overdraft facility (or line of credit) policy by comparing a
large sample of overdraft facilitated firms and matched
non-overdraft facilitated firms from Eastern Europe at the
sector level. The sample firms are compared with respect to
rates of different performance indicators including:
technical efficiency (a Data Envelopment Analysis approach
is applied to estimate the technical efficiency level for
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Showing items 1 through 9 of 6.-
Library ResourceJune, 2012Eastern Europe
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Library ResourceJune, 2012Bulgaria
Less restrictive product market policies
are crucial in promoting convergence to higher levels of GDP
per capita. This paper benchmarks product market policies in
Bulgaria to those of OECD countries by estimating OECD
indicators of Product Market Regulation (PMR). The PMR
indicators allow a comprehensive mapping of policies
affecting competition in product markets. Comparison with
OECD countries reveals that Bulgaria has made substantial -
Library ResourceJune, 2012Bosnia and Herzegovina
The private enterprise sector in Bosnia
and Herzegovina (BiH) has been expanding steadily, and
estimates are that it presently contributes close to 50
percent of Gross Domestic Product (GDP). The BiH private
enterprise sector initially developed following the
privatization program starting in 1999. Under that program,
the majority of state owned enterprises (SOEs) that were
privatized were done so using the voucher privatization -
Library ResourceJune, 2012Albania
This sector report claims that in the
three years between 2002 and 2005 alone, almost 235,000
people have moved out of poverty in Albania. Strong economic
growth and large inflow of remittances are at the center of
this impressive achievement. However, low productivity of
predominantly small family farms has put a drag on rural
growth prospects. Moreover, Ndihma Ekonomike (NE) program,
the means-tested income support program is small in scale, -
Library ResourceJune, 2012Albania
In view of its increasing importance,
and the dearth of information on return migration and its
impacts on source households, this study uses data from the
2005 Albania Living Standards Measurement Study survey and
assesses the impact of past migration experience of Albanian
households on non-farm business ownership through
instrumental variables regression techniques. Moreover,
considering the differences in earning potentials and -
Library ResourceJune, 2012Romania
Less restrictive product market policies
are crucial in promoting convergence to higher levels of GDP
per capita. This paper benchmarks product market policies in
Romania to those of OECD countries by estimating OECD
indicators of Product Market Regulation (PMR). The PMR
indicators allow a comprehensive mapping of policies
affecting competition in product markets. Comparison with
OECD countries reveals that Romania's product market
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