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Crises, Reforms and Growth: A Non-Technical Summary of Recent Empirical Work

Petar Stankov

Economic Alternatives, 2013, issue 4, 55-61

Abstract: Three studies produced at the UNWE Department of Economics since 2010 and issued as CERGE-EI Working Papers address three policy-relevant empirical issues in the aftermath of the Great Recession. First, how do banking crises affect financial reforms? Second, do countries that reform their financial, product, and labor markets show a similar growth pattern? Third, if some countries benefit more from reforms, could this be attributed to the fact that various economies have markedly different firm-size distributions? The article offers a brief overview of those three studies and presents their contributions

Keywords: banking crises; financial reforms; deregulation; growth acceleration; firm size; market liberalization (search for similar items in EconPapers)
JEL-codes: D22 E58 G01 O12 O43 (search for similar items in EconPapers)
Date: 2013
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