Restrictive Labor Practices in Seaports

Restrictive Labor Practices in Seaports

Author: Alan S. Harding

Publisher: World Bank Publications

Published: 1990

Total Pages: 47

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Restrictive practices may prevent developing country seaports from benefiting from investments in containerization and bulk handling. Port loan appraisals should assess the changes needed in labor arrangements and organization-- and estimate compensation payments needed for displaced workers.


Privatization and Regulation of the Seaport Industry

Privatization and Regulation of the Seaport Industry

Author: Lourdes Trujillo

Publisher: World Bank Publications

Published: 1999

Total Pages: 68

ISBN-13:

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Containerized shipping has brought profound changes to maritime transport, including a shift from labor-intensive to more capital-intensive activities. Revising the traditional organization of seaports everywhere will prepare ports for a more competitive market and less financial dependence on governments.


Voluntary Choices in Concerted Deals

Voluntary Choices in Concerted Deals

Author: Ishac Diwan

Publisher: World Bank Publications

Published: 1990

Total Pages: 33

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When lenders participate voluntarily in a buyback of debt claims, both the price paid for repurchased claims and the secondary market price of the remaining debt rise-- so all creditors realize a net benefit. In contrast, the menu approach to debt reduction allows the debtor to reduce its debt at cheaper prices.


The Sectoral Structure of Poverty During an Adjustment Period

The Sectoral Structure of Poverty During an Adjustment Period

Author: Monika Huppi

Publisher: World Bank Publications

Published: 1990

Total Pages: 51

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Favorable initial conditions, a timely adjustment program, and associated gains to the rural sector allowed Indonesia to maintain the momentum of its progress in poverty alleviation during the difficult 1980s.


The Business Cycle Associated with Exchange-rate-based Stabilization

The Business Cycle Associated with Exchange-rate-based Stabilization

Author: Miguel Alberto Kiguel

Publisher: World Bank Publications

Published: 1990

Total Pages: 59

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Disinflation programs in chronic inflation countries do not normally follow the usual Phillips curve tradeoff in the medium run. Instead of having a sharp recession in the early stage of stabilization, there often is an initial expansion of output followed by a recession and balance of payments difficulties. This pattern is related to programs that use the exchange rate as an instrument of disinflation.


Stock Markets in Developing Countries

Stock Markets in Developing Countries

Author: Mansoor Dailami

Publisher: World Bank Publications

Published: 1990

Total Pages: 54

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With foreign capital funds dwindling, governments in many developing countries-- with increased Bank support-- are looking to develop capital markets to provide risk capital for the corporate sector. But first, some basic issues must be empirically explored.


Shared Investment in General Training

Shared Investment in General Training

Author: Eliakim Katz

Publisher: World Bank Publications

Published: 1990

Total Pages: 33

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Making it difficult for a (recruiting) firm to know how much a worker has been trained increases a (training) firm's incentive to offer workers general training. Both minimum wage legislation and training certification discourage on- the- job- training.


Government Revenue from Financial Repression

Government Revenue from Financial Repression

Author: Alberto Giovannini

Publisher: World Bank Publications

Published: 1991

Total Pages: 51

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This paper presents an analysis of the theoretical underpinnings and the relevance of the phenomenon of financial repression from a public-finance perspective. The analysis explicitly accounts for the interaction between capital controls and financial repression. The proposed empirical estimate of the revenue from financial repression is based on the difference between the domestic and the foreign cost of borrowing of the government. The correlations of the revenue from financial repression with inflation, exchange rates and per-capita income are discussed.