During the early decades of Bank operation, the prevailing view in most borrowing countries was that if there were deficiencies in the system, the government had to take an active role in addressing them. Consequently, several countries nationalized many institutions, created parastatal ones and used their legislative powers to provide incentives and penalties and to influence various sector activities aimed at increasing output, creating employment...
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INFORMACIÓN
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1993/08/30
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Documento de trabajo (Serie Numerada)
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17577
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1
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1
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2021/08/12
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Disclosed
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The impact of socio-cultural and governance factors on institutional reform
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balance of payment crisis