Policy Research Working Paper Series

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1645: How prices and macroeconomic policies affect agricultural supply and the environment

Nlandu Mamingi

1644: Pricing industrial pollution in China: an econometric analysis of the levy system

Hua Wang and David Wheeler

1643: The consequences of doubling the minimum wage: the case of Indonesia

Martin Rama

1642: Banking reform in transition countries

Stijn Claessens

1641: Poverty and inequality during structural adjustment in rural Tanzania

Luisa Ferreira

1640: Labor regulations and industrial relations in Indonesia

Alejandra Cox Edwards

1639: Income insecurity and underemployment in Indonesia's informal sector

Franck Wiebe

1638: Private pension funds in Hungary: early performance and regulatory issues

Dimitri Vittas

1637: The benefits of growth for Indonesian Workers

Nisha Agrawal

1636: Open economies work better! Did Africa's protectionist policies cause its marginalization in world trade?

Francis Ng and Alexander Yeats

1635: Restructuring of enterprise social assets in Russia: trends, problems, possible solutions

Lev Freinkman and Irina Starodubrovskaya

1634: Japanese multinationals in Asia: capabilities and motivations

Susmita Dasgupta, Ashoka Mody and Sarbajit Sinha

1633: Essentials for sustainable urban transport in Brazil's large metropolitan areas

Jorge M. Rebelo

1632: Evaluating Bolivia's choices for trade integration

Sarath Rajapatirana

1631: Bank regulation and the network paradigm: policy implications for developing and transition economies

Patrick Honohan

1630: Water pollution abatement by Chinese industry: cost estimates and policy implications

Susmita Dasgupta, Minul Huq, David Wheeler and Chonghua Zhang

1629: Form of ownership and financial constraints: panel data evidence from leverage and investment equations

Fabio Schiantarelli and Alessandro Sembenelli

1628: Globalization: a new role for developing countries in an integrating world

Shigeru Otsubo

1627: Tradable water rights: a property rights approach to resolving water shortages and promoting investment

Paul Holden and Mateen Thobani

1626: Partners or predators?: the impact of regional trade liberalization on Indonesia

Sherman Robinson

1625: Restructuring and taxation in transition economies

Simon Commander and Andrei Tolstopiatenko

1624: Structural adjustment, ownership transformation, and size in Polish industry

Luca Barbone, Marchetti, Jr., Domenico and Stefano Paternostro

1623: Environmental degradation and the demand for children: searching for the vicious circle

Deon Filmer and Lant Pritchett

1622: Capital control liberalization and stock market development

Ross Levine

1621: The sustainability of African debt

Daniel Cohen

1620: Bank insolvencies: cross-country experience

Gerard Caprio and Daniela Klingebiel

1619: Capital flows to Latin America: Is there evidence of contagion effects?

Sara Calvo and Carmen Reinhart

1618: Analytical aspects of the debt problems of heavily indebted poor countries

Stijn Claessens, Enrica Detragiache, Ravi Kanbur and Peter Wickham

1617: Why is unemployment low in the former Soviet Union?: enterprises restructuring and the structure of compensation

Simon Commander and Andrei Tolstopiatenko

1616: Transient poverty in rural China

Jyotsna Jalan and Martin Ravallion

1615: Issues in measuring and modeling poverty

Martin Ravallion

1614: Growth, globalization, and gains from the Uruguay Round

Thomas Hertel, Christian F. Bach, Betina Dimaranan and Will Martin

1613: Does public capital crowd out private capital?: evidence from India

Luis Servén

1612: Stock market and investment: the signaling role of the market

Cherian Samuel

1611: Economic analysis for health projects

Jeffrey Hammer

1610: Foreign aid's impact on public spending

Tarhan Feyzioglu, Vinaya Swaroop and Min Zhu

1609: The public sector in the Caribbean: issues and reform options

Vinaya Swaroop

1608: Fiscal decentralization, public spending, and economic growth in China

Tao Zhang and Heng-Fu Zou

1607: Population aging and pension systems: reform options for China

F. Desmond McCarthy and Kangbin Zheng

1606: The benefits of alternative power tariffs for Nigeria and Indonesia

Alex Anas and Kyu Sik Lee

1605: Why manufacturing firms produce some electricity internally

Kyu Sik Lee, Alex Anas, Satyendra Verma and Michael Murray

1604: Costs of infrastructure deficiencies in manufacturing in Indonesia, Nigeria, and Thailand

Kyu Sik Lee, Alex Anas and Gi-Taik Oh

1603: Infrastructure bottlenecks, private provision, and industrial productivity: a study of Indonesian and Thai cities

Alex Anas, Kyu Sik Lee and Michael Murray

1602: Program-based pollution control management: the Indonesian PROKASIH program

Shakeb Afsah, Benoit Laplante and Nabiel Makarim

1601: The domestic benefits of tropical forests: a critical review emphasizing hydrological functions

Kenneth M. Chomitz and Kanta Kumari

1600: Is commodity-dependence pessimism justified? Critical factors and government policies that characterize dynamic commodity sectors

Nanae Yabuki and Takamasa Akiyama

1599: Economic implications for Turkey of a customs union with the European Union

Glenn Harrison, Thomas Rutherford and David Tarr

1598: Logistical constraints on international trade in the Maghreb

Francois Amiot and Ovadia Salama

1597: Egypt and the Uruguay Round

Bernard Hoekman and Arvind Subramanian

1596: Agrarian structure in Poland: the myth of large-farm superiority

Johan Van Zyl, Bill Miller and Andrew Parker

1595: In search of owners: lessons of experience with privatization and corporate governance in transition economies

Cheryl W. Gray

1594: Why have some Indian states done better than others at reducing rural poverty?

Gaurav Datt and Martin Ravallion

1593: Rural finance for growth and poverty alleviation

Saeed Qureshi, Ijaz Nabi and Rashid Faruqee

1592: The stockmarket as a source of finance: a comparison of U.S. and Indian firms

Cherian Samuel

1591: Competition in network industries

Michael Klein

1590: The Latvian banking crisis: lessons learned

Alex Fleming and Samuel Talley

1589: The analysis of emerging policy issues in development finance

Sudarshan Goopu

1588: Social insurance in the transition to a market economy: theoretical issues with application to Moldova

Deborah Mabbett

1587: Payments and finance problems in the Commonwealth of Independent States

Constantine Michalopoulos

1586: Did external barriers cause the marginalization of sub-Saharan Africa in world trade?

Amjadi, Azita*Reinke, Ulrich*Yeats, Alexander

1585: Public finances and economic transition

Luca Barbone and Hana Polackova

1584: Price support at any price? Costs and benefits of alternative agricultural policies for Poland

Witold M. Orlowski

1583: Trade preferential agreements in Latin America: an ex-ante assessment

Michael Michaely

1582: Stock market development and long-run growth

Ross Levine and Sara Zervos

1581: Where has all the education gone?

Lant Pritchett

1580: Indonesia's cocoa boom: hands-off policy encourages smallholder dynamism

Takamasa Akiyama and Akihiko Nishio

1579: Different strategies of transition to a market economy: how do they work in practice?

Marek Dabrowski

1578: Stock market and investment: the governance role of the market

Cherian Samuel

1577: The peace dividend: military spending cuts and economic growth

Malcolm Knight, Norman Loayza and Delano Villanueva

1576: Rural poverty in Ecuador: a qualitative assessment

Jesko Hentschel, William F. Waters and Anna Kathryn Vandever Webb

1575: Inflation, growth, and central banks: theory and evidence

Jose De Gregorio

1574: Bank regulation: the case of the missing model

Gerard Caprio

1573: North-South customs unions and international capital mobility

Eduardo Fernandez-Arias and Mark Spiegel

1572: Averting the old-age crisis: technical annex

Robert Palacios

1571: Export prospects of Middle Eastern countries: a post-Uruguay Round analysis

Alexander Yeats

1570: Protecting the old and promoting growth: a defense of averting the old age crisis

Estelle James

1569: Improving water resource management in Bangladesh

Rashid Faruqee and Yusuf A. Choudhry

1568: Determinants of diarrheal disease in Jakarta

Anna Alberini, Gunnar Eskeland, Alan Krupnick and Gordon McGranahan

1567: Population growth, factor accumulation, and productivity

Lant Pritchett

1566: Liquidity, banks, and markets: effects of financial development on banks and the maturity of financial claims

Douglas Diamond

1565: Housing finance in transition economies: the early years in Eastern Europe and the former Soviet Union

Bertrand M. Renaud

1564: From plan to market: patterns of transition

Martha de Melo, Cevdet Denizer and Alan Gelb

1563: Equity and growth in developing countries: old and new perspectives on the policy issues

Michael Bruno, Martin Ravallion and Lyn Squire

1562: Catching up with Eastern Europe? The European Union's Mediterranean free trade initiative

Bernard Hoekman and Simeon Djankov

1561: Income inequality and aggregate saving: the cross-country evidence

Klaus Schmidt-Hebbel and Luis Servén

1560: Trade and fluctuations

Aart Kraay and Jaume Ventura

1559: Have transport costs contributed to the relative decline of sub-Saharan African exports? Some preliminary empirical evidence

Azita Amjadi and Alexander J. Yeats

1558: In search of price rigidities: recent sector evidence from Argentina

Jacques Morisset and Cesar Revoredo-Giha

1557: Electricity demand in Asia and the effects on energy supply and the investment environment

Masayasu Ishguro and Takamasa Akiyama

1556: Workers in transition

Michael Rutkowski

1555: Capital markets, financial intermediaries, and corporate governance: an empirical assessment of the top ten voucher funds in the Czech Republic

Roland Egerer

1554: Rationing can backfire: the day without a car in Mexico City

Gunnar Eskeland and Tarhan Feyzioglu

1553: Spatial correlations in panel data

John Driscoll and Aart Kraay

1552: Unemployment insurance and duration of unemployment: evidence from Slovenia's transition

Milan Vodopivec

1551: Sequencing social security, pension, and insurance reform

Dimitri Vittas

1550: Governance and returns on investment: an empirical investigation

Jonathan Isham, Daniel Kaufmann and Lant Pritchett

1549: The forgotten rationale for policy reform: the productivity of investment projects

Jonathan Isham and Daniel Kaufmann

1548: The relationship between farm size and efficiency in South African agriculture

Johan van Zyl, Hans Binswanger-Mkhize and Colin Thirtle

1547: Testing the induced innovation hypothesis in South African agriculture (an error correction approach)

Colin Thirtle, Robert Townsend and Johan van Zyl

1546: Concessions of busways to the private sector: the Sao Paulo metropolitan region experience

Jorge M. Rebelo and Pedro P. Benvenuto