Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Publication
- Publication Type
Articles 1 - 2 of 2
Full-Text Articles in Economics
The Impact Of Privatization On Economic Growth And Income Inequality In Developing Countries, Samuel Adams
The Impact Of Privatization On Economic Growth And Income Inequality In Developing Countries, Samuel Adams
School of Public Service Theses & Dissertations
In the 1960s and 1970s academicians, economists and politicians favored state ownership over private ownership in the production and provision of goods and services. By the end of the 1980s, however, there was a reversal of public policy from state domination of the production and provision of goods and services to private ownership and operation. This was due in part to what the World Bank referred to as "state failure”, which was characterized by inefficient service delivery, unprofitable SOEs, high government debt, and stagnant economic growth rates. Accordingly, privatization caught on in many countries as a policy tool to foster …
Integration, Informalization, And Income Inequality In Developing Countries: Some General Equilibrium Explorations In Light Of Accumulating Evidence, Arslan Razmi
Economics Department Working Paper Series
By focusing on structural features within developing economies, this paper attempts to reconcile developments observed in many post-liberalization countries with the help of modified versions of standard trade theory factor endowment models. The common thread generating most of our interesting results is the presence of sectors that are even more labor-intensive than those producing traded goods. Measures undertaken to enhance public sector efficiency and attract investment in an import-intensive export sector may increase rental-wage and skilled- unskilled wage gaps, contra the predictions of the simple Heckscher-Ohlin-Samuelson model. Moreover, increasing income inequality can exist side-by-side with informalization of the economy. The …